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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates .
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]
Data are in millions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007.
President Vladimir Putin, who is seeking re-election in March, has said estimates of 3.5% gross domestic product (GDP) growth for 2023 show the economy is developing and has a safety margin ...
While the government has poured an estimated 2.75 to 3 trillion rubles (equivalent to 1.4-1.6% of Russia's expected GDP in 2024) into payments for soldiers, the wounded, and families of the ...
The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. [ 1 ] [ 2 ] As of 2023 it included 19 countries.
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a European economist estimates. Russia's economy faces 'near stagnation' with sanctions whittling down ...
In 2023, the Russian finance minister stated that the planned surplus of 1.4 trillion rubles from the 2022 budget had become a 3.3 trillion ruble deficit over the same period. [6] In addition, the Russian finance minister reported in April that the deficit in the first quarter of 2023 was 2.4 trillion against the expected yearly surplus of 0.4 ...