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[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.
GDP (PPP) means gross domestic product based on purchasing power parity.This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita.
Further evidence for Russia's stretched labour market is record high capacity utilisation, which hit 81% in the final quarter of 2023, up from 80.7% the quarter before.
Indian investment in Russia has stagnated and totaled a mere $14 bln by the end of 2023, close to pre-war levels, while the overall value of greenfield foreign direct investments from all ...
Tyumen Oblast has largest GRDP per capita in Russia of around US$ 54,000 while Ingushetia has lowest of around US$ 2,000. [1] In 2022 Moscow GRDP per capita reached US$ 32,000 while Saint Petersburg stood at US$ 29,000. [1] Federal subjects of Russia by GRDP per capita in EUR (2021) Federal subjects of Russia by GRDP per capita in RUB (2022) [1]
According to the World Bank, imports of goods and services accounted for 21.3% of Russia's gross domestic product (GDP) in 2021, [307] while exports made up 30.9%. [308] Russia has trade-to-GDP ratio (trade openness) 49.26% [309] which is below the global average. In a December 2022 study, an economist from the Bank of Russia's Research and ...
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 ...