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IMF upgrades Russia to world’s fourth-largest economy

submitted by Sector2 to Russia 6 monthsOct 24, 2024 18:52:05 ago (+7/-0)     (www.rt.com)

https://www.rt.com/business/606344-russia-fourth-biggest-economy-ppp-imf/

In its World Economic Outlook published on Tuesday, the IMF said Russia’s gross domestic product (GDP) in 2024 amounts to 3.55% of global GDP in terms of PPP, outperforming Japan, which has 3.38%.

According to the report, Russia ranks fourth in terms of PPP after China (18.8%), the US (15%), and India (7.9%).


9 comments block

canbot 1 points 6 months ago

Sounds like a lot of acrobatics being done to justify the headline. In the end it is meaningless.