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Russia
Inflation in Russia: 1990 – 2026

Since 20201 Year5 Years10 Years15 Years20 YearsAll
Start
End
Latest month of data:June 2026
Cumulative Inflation for 35 Years 7 Months
+17068776.5%
Average Inflation Rate
40.3%
Price Multiplier
170688.77x
Loss of Buying Power
-100.0%
inflationcompare.com

Report for: December 1990 — June 2026

This is a period of galloping inflation and deep monetary shock. Average annual loss of buying power at the level of 40.3% makes keeping capital in national currency critically unprofitable. The total price growth of 170688.77 times means a cardinal change in the cost of living and a drop in real purchasing power to 0%.

Inflation Rate by Year

Inflation Adjusted Prices

Equivalent Value
What cost 100 RUB in 1990, would cost 17068877 RUB today. To maintain the same standard of living, income over 35 years should have grown by 170688.77 times.
1990100 RUB
+17068776.5%
202617068877 RUB

Value Adjusted for Inflation

Loss of Buying Power

Real Value
Since 1990, the purchasing power of 100 RUB has decreased to 0 RUB. The chart shows how RUB lost a total of 100.0% of its value over 35 years.
1990100 RUB
-100.0%
20260 RUB
-100%
Total Loss

Purchasing Power Over Time

Cumulative Inflation (%)

Historical Inflation Table

YearInflation (%)
20264.19%
20255.60%
202412.38%
20237.42%
202211.92%
20218.39%
20204.91%
20193.05%
20184.27%
20172.52%
20165.38%
201512.91%
20148.52%
20136.45%
20126.58%
20116.10%
20108.78%
20098.80%
200813.28%
200711.87%
20069.00%
200510.91%
200411.74%
200311.99%
200215.06%
200118.58%
200020.20%
199936.56%
199884.44%
199711.03%
199621.81%
1995131.33%
1994215.02%
1993839.87%
19922508.85%
1991160.40%
19900.00%

Related Countries

Belarus
Belarus
Ukraine
Ukraine
Euro Area
Euro Area

Calculation Methodology

Calculations are based on CPI Rosstat. It is a consumer price index that measures the average change in prices for goods and services purchased by the population.

Price Multiplier

Price Multiplier shows how many times prices have increased. In macroeconomics, this baseline metric is known as the Price Index Ratio. It is derived directly from official CPI data and serves as the mathematical foundation for all other calculations on this page.

Formula:
Price Multiplier(K)=CPI2026CPI1990\text{Price Multiplier} (K) = \frac{\text{CPI}_{2026}}{\text{CPI}_{1990}}
Calculation:
17068876.521100.000=170688.7652\frac{17068876.521}{100.000} = 170688.7652
Cumulative Inflation

To calculate the cumulative inflation since 1990, we use the following formula:

Formula:
(K−1)×100=Cumulative(%)(K - 1) \times 100 = \text{Cumulative} (\%)
Calculation:
(170688.7652−1)×100=17068776.5%(170688.7652 - 1) \times 100 = 17068776.5\%
Average Inflation Rate

Shows the average annual price growth rate including compound interest (where each year's inflation is added to already increased prices). To calculate the average annual inflation for 35 years since 1990, we use the following formula:

Formula:
K1n−1=Average Inflation RateK^{\frac{1}{n}} - 1 = \text{Average Inflation Rate}
n — number of years (35)
Calculation:
(170688.76521/35−1)×100=40.3%(170688.7652^{1/35} - 1) \times 100 = 40.3\%
Loss of Buying Power

To find out what share of its real value savings in RUB have lost since 1990, we calculate the percentage drop in purchasing power. Loss of buying power is calculated as an inverse proportion to price growth:

Formula:
(1−1K)×100=Loss of Buying Power(%)\left( 1 - \frac{1}{K} \right) \times 100 = \text{Loss of Buying Power} (\%)
Calculation:
(1−1170688.7652)×100=100.0%\left( 1 - \frac{1}{170688.7652} \right) \times 100 = 100.0\%
Equivalent Value

To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 1990 by the price growth factor:

Formula:
Original Amount×K=Equivalent\text{Original Amount} \times K = \text{Equivalent}
Calculation:
100×170688.7652=17,068,877 RUB100 \times 170688.7652 = 17,068,877 \text{ RUB}

Citation & Data Usage

You can use the data in your articles. Link to the source:

"Inflation in Russia (1990–2026)", InflationCompare, . Accessed 18 July 2026. Data source: CPI Rosstat.
Inflation in Russia (1990–2026)