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According to the World Bank, imports of goods and services accounted for 21.3% of Russia's gross domestic product (GDP) in 2021, [303] while exports made up 30.9%. [304] Russia has trade-to-GDP ratio (trade openness) 49.26% [305] which is below the global average. In a December 2022 study, an economist from the Bank of Russia's Research and ...
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 .
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.
Russia has increasingly boosted its defense spending to sustain its war efforts, from $59 billion in 2022 to $109 billion in 2023, and $126.8 billion set aside in 2025, when defense will make up ...
Russia's GDP technically grew 3.6% last year, with another 3.2% real GDP growth expected in 2024, according to estimates from the International Monetary Fund.
The reality of Russia's economic situation is far more complex and concerning than some would have you believe. The productive core of the Russian economy has been severely compromised, with the ...
Download as PDF; Printable version; ... This is an alphabetical list of countries by past and projected gross domestic product per capita, ... Russia: 482: 1,322 ...
That's been a major factor behind Russia's solid economic growth, Merten said, with real GDP in the nation on track to expand another 3.6% this year, according to International Monetary Fund ...