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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]
[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.
While the government has poured an estimated 2.75 to 3 trillion rubles (equivalent to 1.4-1.6% of Russia's expected GDP in 2024) into payments for soldiers, the wounded, and families of the ...
This article is a list of Russian federal subjects by Gross regional domestic product (GRDP). Top 10 Russian federal subjects by largest GDP Russian GDP divided into 2 equal parts. 50% of Russian economy is concentrated in only 10% of Russian area or only 2 federal districts (which together contain nearly half of Russia's population).
Russia's economy rebounded sharply from a slump in 2022, annual data will show on Wednesday, but the growth relies heavily on state-funded arms and ammunition production and masks problems that ...
Russia has fined Google an eye-popping 20 undecillion rubles ($2.5 decillion) for removing Russian state-run and government YouTube channels in the wake of the country’s invasion of Ukraine in 2022.
GDP (PPP) means gross domestic product based on purchasing power parity.This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
Tyumen Oblast has largest GRDP per capita in Russia of around US$ 49,000 while Ingushetia has lowest of around US$ 2,000. [1] In 2022, Moscow GRDP per capita reached US$ 30,000 while Saint Petersburg stood at US$ 27,000. [1] Federal subjects of Russia by GRDP per capita in EUR (2021) Federal subjects of Russia by GRDP per capita in RUB (2022) [1]