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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 comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita ...
Russian forces in 2024 advanced in Ukraine at the fastest rate since 2022, the war's first year, and control about a fifth of the country. But the gains have come at the cost of heavy, though ...
Their release, negotiated as part of a 24-person prisoner exchange with Russia that involved at least six countries, is the largest prisoner exchange in post-Soviet history. / Credit: Getty Images
For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth. Non-sovereign entities (the world, continents, and some dependent territories ) and states with limited international recognition are included in the list in cases in which they appear in the sources.
Credit - Top row: Marco Di Marco—AP; Sofiia Gatilova—Reuters; Leo Correa–AP; Amr Alfiky—Reuters; John Moore—Getty Images; Bottom row: Anna Moneymaker—Getty Images; Jerome Brouillet ...
In 2016, the Russian budget deficit reached $21 billion. It was expected to rise to $21.7 billion in the year. 2016 budget revenues were estimated to be 13.7 trillion rubles (200 billion US dollars) or 17.5% of GDP, while spending is planned to be 16 trillion rubles (roughly 233 billion dollars) [1] or 20.5% of GDP. The budget deficit is thus 2 ...