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This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in millions of United States dollars (USD) and have not been adjusted for inflation.
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [ 1 ]
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
Historically, the United States was consistently year after year the world's largest economy since the early twentieth century. However, the report from 2014 showed that for the very first time China overtook the United States as the largest economy in the world taking into account purchasing power parity (PPP). Indeed, the margin of power ...
Over the past months, Russian crude has been trading at an average $10 discount compared to benchmark Brent oil prices, and natural gas prices returned largely to depressed pre-war levels, as we ...
Over the past 30 years, the share of imports of goods and services as a share of Russia's GDP has been below 25% for almost all years. The growth of oil rents, rapid economic growth, economic integration, WTO accession, improved transport accessibility and the government's import substitution program hardly changed the percentage, and only ...
Unemployment is at a record-low 2.9%, with hundreds of thousands of people having fled Russia or joined the military in the past two years. According to Rosstat, Russia's labour productivity index ...
"Strained by these factors, the Russian economy is approaching its moment of truth," Åslund wrote. "Inflation will continue to rise in 2025, and people will get even angrier over higher food prices.