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Russia flag Russia Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Russia, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

New business density (new registrations per 1,000 people ages 15-64)
2.5
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Domestic credit to private sector by banks (% of GDP)
54.6
2021 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Time to obtain an electrical connection (days)
8.1
2019 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Average time to clear exports through customs (days)
15.6
2019 · Average number of days to clear direct exports through customs.
Firms visited or required meetings with tax officials (% of firms)
24.6
2019 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Corruption Perceptions Index
22.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Travel services (% of commercial service exports)
18.0707406359849
2024 · World Bank
Export unit value index (2015 = 100)
133.3
2024 · World Bank
Insurance and financial services (% of service imports, BoP)
1.73322864702522
2024 · World Bank
Trade in services (% of GDP)
5.72573418921515
2024 · World Bank
Merchandise trade (% of GDP)
32.7396392043835
2024 · World Bank
Transport services (% of commercial service imports)
18.5193948190823
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
5.7181569673187
2024 · World Bank
Import unit value index (2015 = 100)
118.4
2024 · World Bank
Transport services (% of commercial service exports)
33.1555488525919
2024 · World Bank
Computer, communications and other services (% of commercial service exports)
42.8075115240949
2024 · World Bank
Commercial service exports (current US$)
42037790000
2024 · World Bank
Insurance and financial services (% of commercial service exports)
5.96619898732826
2024 · World Bank
Merchandise exports (current US$)
417170000000
2024 · World Bank
Computer, communications and other services (% of commercial service imports)
31.3334268115429
2024 · World Bank
Insurance and financial services (% of commercial service imports)
1.75823297293582
2024 · World Bank
Commercial service imports (current US$)
80303920000
2024 · World Bank
Travel services (% of commercial service imports)
48.3889453964389
2024 · World Bank
Merchandise imports (current US$)
294536000000
2024 · World Bank
Merchandise imports from economies in the Arab World (% of total merchandise imports)
0.512239977991043
2023 · World Bank
Export value index (2015 = 100)
124.3
2023 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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