https://en.sputniknews.africa/20230507/in-first-since-2014-russia-makes-comeback-to-worlds-top-ten-largest-economies---1059091557.html
In First Since 2014, Russia Makes Comeback to World's Top Ten Largest Economies
In First Since 2014, Russia Makes Comeback to World's Top Ten Largest Economies
Sputnik Africa
Russia was the eleventh largest economy in the world in 2021, with its gross domestic product measured at $1.78 trillion US dollars. In the global ranking by nominal GDP, Russia was positioned between South Korea and Australia
2023-05-07T10:34+0200
2023-05-07T10:34+0200
2023-08-03T10:48+0200
russia
world bank
gdp
economy
international
https://cdn1.img.sputniknews.africa/img/103432/85/1034328597_0:160:3076:1890_1920x0_80_0_0_b19ea1c0c1f6e95050f2678ca8143ae6.jpg
Russia has returned to the top ten largest economies in terms of GDP and ranked eighth for the first time since 2014, data from the World Bank and national statistical services analyzed by Sputnik showed.Russia, which fell out of the world's top-10 economies in 2015, produced $2.3 trillion worth of goods and services last year, making it the world's eighth-largest economy. The last time Russia was in the top-10 economies was in 2014, when it ranked ninth with $2.05 trillion. In 2021, the country has been placed on the eleventh place.The data showed that the US economy topped the rating in 2022 with its nominal gross domestic product (GDP) estimated at $25.5 trillion, while China ranked second ($17.9 trillion), followed by Japan ($4.2 trillion). Germany maintained its fourth position in the ranking, with a GDP of $4.07 trillion, followed by India, the fifth-largest economy, with a GDP of $3.4 trillion dollars. The UK retained sixth place ($3.07 trillion) and France remained seventh with $2.78 trillion GDP.After Russia, which is eighth in the ranking ($2.3 trillion), comes Canada, with its nominal GDP of $2.14 trillion, followed by Italy, which went down two notches for the year, retreating to tenth place with a GDP of $2.01 trillion.Meanwhile, South Korea fell out of the top ten, dropping three notches to 13th place based on last year's results.The 2022 GDP rating of countries was based on the latest annual or quarterly data provided by the national statistical services in state currencies and recalculated in dollar terms, if necessary, at the average exchange rate for the corresponding period. The World Bank's data had been used for the period of 2021.
https://en.sputniknews.africa/20230506/russia-drops-out-of-top-100-countries-with-highest-inflation-rate-1059085121.html
russia
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Maxim Grishenkin
https://cdn1.img.sputniknews.africa/img/07e7/0a/17/1063018107_0:0:1104:1103_100x100_80_0_0_03090c85a11f5d2e8a19cf1d989443c9.jpg
Maxim Grishenkin
https://cdn1.img.sputniknews.africa/img/07e7/0a/17/1063018107_0:0:1104:1103_100x100_80_0_0_03090c85a11f5d2e8a19cf1d989443c9.jpg
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Maxim Grishenkin
https://cdn1.img.sputniknews.africa/img/07e7/0a/17/1063018107_0:0:1104:1103_100x100_80_0_0_03090c85a11f5d2e8a19cf1d989443c9.jpg
top 10 world's economies, is russia large economy? russian economy compared to other countries, what is the largest economy? russia gdp
top 10 world's economies, is russia large economy? russian economy compared to other countries, what is the largest economy? russia gdp
In First Since 2014, Russia Makes Comeback to World's Top Ten Largest Economies
10:34 07.05.2023 (Updated: 10:48 03.08.2023) The Russian Federation turned out to be the world's 11th largest economy in 2021, with its gross domestic product measured at $1.78 trillion US dollars. In the global ranking by nominal GDP, Russia was positioned between South Korea and Australia, according to the World Bank.
Russia has returned to the top ten largest economies in terms of GDP and ranked eighth for the first time since 2014, data from the World Bank and national statistical services analyzed by Sputnik showed.
Russia, which fell out of the world's top-10 economies in 2015, produced $2.3 trillion worth of goods and services last year, making it the world's eighth-largest economy. The last time Russia
was in the top-10 economies was in 2014, when it ranked ninth with $2.05 trillion. In 2021, the country has been placed on the eleventh place.
The data showed that the US economy
topped the rating in 2022 with its nominal gross domestic product (GDP) estimated at $25.5 trillion, while China ranked second ($17.9 trillion), followed by Japan ($4.2 trillion).
Germany maintained its fourth position in the ranking, with a GDP of $4.07 trillion, followed by India, the fifth-largest economy, with a GDP of $3.4 trillion dollars. The UK retained sixth place ($3.07 trillion) and France remained seventh with $2.78 trillion GDP.
After Russia, which is eighth in the ranking ($2.3 trillion), comes Canada, with its nominal GDP of $2.14 trillion, followed by Italy, which went down two notches for the year, retreating to tenth place with a GDP of $2.01 trillion.
Meanwhile, South Korea
fell out of the top ten, dropping three notches to 13th place based on last year's results.
The 2022 GDP rating of countries was based on the latest annual or quarterly data provided by the national statistical services in state currencies and recalculated in dollar terms, if necessary, at the average exchange rate for the corresponding period. The World Bank's data had been used for the period of 2021.
