Russia gdp

russia gdp

How much is the GDP of Russia worth?

The Gross Domestic Product (GDP) in Russia was worth 1577.52 billion US dollars in 2017. The GDP value of Russia represents 2.54 percent of the world economy. GDP in Russia averaged 922.03 USD Billion from 1989 until 2017, reaching an all time high of 2297.10 USD Billion in 2013 and a record low of 195.90 USD Billion in 1999. Historical. Data.

What is the GDP of Russia 2020?

Russia GDP The Gross Domestic Product (GDP) in Russia was worth 1483.50 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Russia represents 1.31 percent of the world economy. source: World Bank 10Y

What is the economic condition of Russia?

It is the fifth-largest economy in Europe, the worlds eleventh-largest economy by nominal GDP, and the sixth-largest by PPP . Russias vast geography is an important determinant of its economic activity, with some sources estimating that the nation contains over 30% of the worlds natural resources.

What was the GDP of Russia in 1999?

GDP in Russia averaged 972.41 USD Billion from 1988 until 2020, reaching an all time high of 2292.47 USD Billion in 2013 and a record low of 195.91 USD Billion in 1999.

How much money is Russia worth?

How much money is Russia worth? Russia has a nominal gross domestic product (GDP) of $1.64 trillion and purchasing power parity (PPP), or Russian GDP, of $4.21 trillion, according to a November report by Investopedia. The largest country in the world falls just below Canada and above South Korea in terms of GDP value.

What is the GDP of Russia in US dollars?

The Gross Domestic Product (GDP) in Russia was worth 1657.60 billion US dollars in 2018. The GDP value of Russia represents 2.67 percent of the world economy. GDP in Russia averaged 933.62 USD Billion from 1988 until 2018, reaching an all time high of 2297.10 USD Billion in 2013 and a record low of 195.90 USD Billion in 1999. source: World Bank

What is the GDP of Russia 2020?

Russia GDP The Gross Domestic Product (GDP) in Russia was worth 1483.50 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Russia represents 1.31 percent of the world economy. source: World Bank 10Y

What is the per capita income in Russia?

Russia gdp per capita for 2018 was $11,371, a 6.07% increase from 2017. Russia gdp per capita for 2017 was $10,720, a 23.15% increase from 2016. Russia gdp per capita for 2016 was $8,705, a 6.53% decline from 2015.

What is the economy like in Russia?

All values, unless otherwise stated, are in US dollars. The economy of Russia is a developing mixed economy, with enormous natural resources, particularly oil and natural gas. It is the fifth-largest economy in Europe, the worlds eleventh-largest economy by nominal GDP, and the sixth-largest by PPP .

How will Russia’s economic crisis affect the global economy?

Secondly, significant escalation on energy prices due to Russia being one of the world’s largest oil producers and energy exporters, will lead into higher inflation. Strong international economic sanctions on trade to Russia, which are more severe than the ones imposed in 2014, are another channel through which the global economy is hampered.

Why is Russias economy so dependent on oil?

Russia is rife with oil, and its economy is heavily dependent on the resource. By the end of last year, Russian oil production was at an all-time high, at 11.16 million barrels a day, according to Reuters. In 2017, gas made up 59% of Russias exports and 25% of its total revenue, according to the World Bank.

What happened to Russia’s economy in 2009?

Russia was among the hardest-hit economies by the 2008-2009 global economic crisis: the economy plunged 7.8% in 2009 as oil prices plummeted and foreign credit dried up.

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