Oil and gas sector as a share of GDP in Russia quarterly 2017-2024

Share of the oil and gas industry in the gross domestic product (GDP) of Russia from 1st quarter 2017 to 2nd quarter 2024

CharacteristicShare of GDP
Q2 2024* 16.7%
Q1 2024* 18%
Q4 2023* 16.8%
Q3 2023 17.2%
Q2 2023 15.8%
Q1 2023 16.3%
Q4 2022* 14.9%
Q3 2022 16.5%
Q2 2022 18.6%
Q1 2022 22.4%
Q4 2021 17.5%
Q3 2021 17.2%
Q2 2021 17.9%
Created with Highcharts 7.2.2Share of GDP18%18%16.8%16.8%15.9%15.9%16%16%20.7%20.7%21.5%21.5%20.9%20.9%19.8%19.8%20.6%20.6%20.3%20.3%17.9%17.9%16.8%16.8%17.2%17.2%12.7%12.7%13.3%13.3%12.9%12.9%17.7%17.7%17.9%17.9%17.2%17.2%17.5%17.5%22.4%22.4%18.6%18.6%16.5%16.5%14.9%14.9%16.3%16.3%15.8%15.8%17.2%17.2%16.8%16.8%18%18%16.7%16.7%Q1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018Q4 2018Q1 2019Q2 2019Q3 2019Q4 2019Q1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022*Q1 2023Q2 2023Q3 2023Q4 2023*Q1 2024*Q2 2024*
12%14%16%18%20%22%24%
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Release date

September 2024

Region

Russia

Survey time period

Q1 2017 to Q2 2024

Supplementary notes

*Excluding statistical information on the Donetsk People's Republic (DPR), Lugansk People's Republic (LPR), Zaporozhye and Kherson regions.

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