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Russia's Economy Exceeded $5 Trillion in Purchasing Power Parity - World Bank
Russia's Economy Exceeded $5 Trillion in Purchasing Power Parity - World Bank
Sputnik Africa
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... 04.08.2023, Sputnik Africa
2023-08-04T17:10+0200
2023-08-04T17:10+0200
2023-08-04T17:10+0200
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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.
https://en.sputniknews.africa/20230713/russias-external-debt-drops-to-lowest-level-since-2006--3477bln-central-bank-1060515003.html
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economy, international, russia, development, economic growth
Russia's Economy Exceeded $5 Trillion in Purchasing Power Parity - 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.
