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By 2016, the Russian economy rebounded with 0.3% GDP growth and officially exited recession. The growth continued in 2017, with an increase of 1.5%. [146] [147] In January 2016, Bloomberg rated Russia's economy as the 12th most innovative in the world, [148] up from 14th in January 2015 [149] and 18th in January 2014. [150]
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021. [8] [1] [11]
As of 2025, the New York metropolitan area is the world’s principal fintech and financial center [1] [2] and the largest metropolitan economy in the world, with a nominal gross metropolitan product of over US$2.5 trillion. [3] This is a list of cities in the world by nominal gross domestic product (GDP).
Russia's economy has grown strongly since a small contraction in 2022, but authorities expect 2024's 4.1% growth to slow to around 1-2% this year and the central bank is not yet seeing sustainable ...
The demographic trend spells trouble for Russia's economy, which is already dealing with a severe worker shortage. At the end of 2023, Russia was short a record 5 million workers, according to an ...
Russia’s economy has shown some cracks owing to inflation and overexposure by military-adjacent industries. But in sum, it has remained resilient despite the war being dragged on for three years.
Tyumen Oblast has largest GRDP per capita in Russia of around US$ 49,000 while Ingushetia has lowest of around US$ 2,000. [1] In 2022, Moscow GRDP per capita reached US$ 30,000 while Saint Petersburg stood at US$ 27,000. [1] Federal subjects of Russia by GRDP per capita in EUR (2021) Federal subjects of Russia by GRDP per capita in RUB (2022) [1]
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]