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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.
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation as per the seven-continent model, sorted by USD. The first list includes 2024 data estimates n1 for members of the International Monetary Fund.
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 ...
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.
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]
Though Russia's economy has prospered under its wartime boom, sanctions, production-output limitations, and a severe labor crunch are bound to wear it down by 2025.
Blank map: File:World map (Miller cylindrical projection, blank).svg; Data from IMF: World Economic Outlook Database, April 2023. IMF.org. International Monetary Fund (11 April 2023). Retrieved on 14 April 2023. and WEO Database, April 2023. Report for Selected Countries and Subjects: World, EU. IMF.org. International Monetary Fund (11 April 2023).