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List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
According to the World Bank, imports of goods and services occupied 21.3% of the Russian gross domestic product (GDP) in 2021 [ 303] and exports of goods and services occupied 30.9% of Russia's GDP. [ 304] Russia has trade-to-GDP ratio (trade openness) 49.26% [ 305] which is lower than an average of the countries.
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database.
President Vladimir Putin, who is seeking re-election in March, has said estimates of 3.5% gross domestic product (GDP) growth for 2023 show the economy is developing and has a safety margin ...
The demographic trend spells trouble for Russia's economy, which is already dealing with a severe worker shortage. At the end of 2023, Russia was short a record 5 million workers, according to an ...
2023: 10,055: 2021 Russia: 14,391: 2024: ... World Bank data; World Map and Chart of GDP per capita at current prices by Lebanese-economy-forum, World Bank data;
The map does not include classifications by the World Bank. A developed country, or advanced country, [ 3][ 4] is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic ...
Russia maintains the world's third-highest military expenditure, spending $109 billion in 2023, corresponding to around 5.9% of its GDP. [313] In 2021 it was the world's second-largest arms exporter , and had a large and entirely indigenous defence industry , producing most of its own military equipment.