https://sputnikglobe.com/20230804/russias-economy-exceeded-5-trillion-ppp---world-bank-1112390476.html
Russia's Economy Exceeded $5 Trillion PPP - World Bank
Russia's Economy Exceeded $5 Trillion PPP - World Bank
Sputnik International
Russian economy in purchasing power parity (PPP) at the end of 2022 exceeded $5 trillion and retained the fifth place in the world by this indicator, according to the data provided by the World Bank.
2023-08-04T14:26+0000
2023-08-04T14:26+0000
2023-08-04T14:26+0000
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Despite Western restrictions on Russia, Moscow managed to increase its economic power, breaking the record of $5 trillion for the first time in history in terms of purchasing power parity (PPP) at the end of 2022, statistics published by the World Bank have shown.The world's largest economy in PPP was China with $30 trillion, the second place was taken by the United States with $25.5 trillion. India with $11.9 trillion is the top three rear, while the fourth place was taken by Japan ($5.7 trillion).Overall, the world economy in PPP grew by 11% to $164.2 trillion, while 20 years ago it was three times smaller - $54.1 trillion.
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russia's economy, purchasing power parity, ppp, russian economy, sanctions against russia, russia's economic growth
russia's economy, purchasing power parity, ppp, russian economy, sanctions against russia, russia's economic growth
Russia's Economy Exceeded $5 Trillion PPP - World Bank
Russian economy in purchasing power parity (PPP) at the end of 2022 retained fifth place in the world by this indicator, according to the data provided by the World Bank.
Despite Western
restrictions on Russia, Moscow managed to increase its economic power, breaking the record of
$5 trillion for the first time in history in terms of purchasing power parity (PPP) at the end of 2022, statistics published by the World Bank have shown.
The world's largest economy in PPP was China with $30 trillion, the second place was taken by the
United States with $25.5 trillion. India with $11.9 trillion is the top three rear, while the fourth place was taken by Japan ($5.7 trillion).
Overall, the world economy in PPP grew by 11% to $164.2 trillion, while 20 years ago it was three times smaller - $54.1 trillion.
