Russia is among the many prime ten nations by way of financial progress within the twenty-first century

Russia – The dimensions of the Russian economic system has doubled eight occasions for the reason that starting of this century and is ranked tenth among the many world’s main economies by way of progress charges.

This was said in information from the Worldwide Financial Fund and the World Financial institution, in response to which Japan turned the one nation through which the gross home product declined throughout this time.

Information are offered just for economies with a GDP of $100 billion or extra: on the finish of the final century there have been 35 of them, and on the finish of 2023 – 68.

It turned out that the Russian economic system grew 7.7 occasions in 23 years – reaching simply over two trillion {dollars} following it was $260 billion on the finish of the final century.

From the information, it seems that the quickest rising economic system was in Ethiopia, which lately joined the BRICS group – for the reason that starting of the century, the scale of the economic system in Ethiopia has elevated 19.4 occasions, reaching $160 billion.

Subsequent comes China, whose GDP grew 14.6 occasions, reaching $17.7 trillion. Kazakhstan ranks third, with the economic system rising 14.2 occasions – to $261 billion from $18.3 billion.

Vietnam got here in fourth place by way of progress fee (13.9 occasions progress, to $434 billion), and Qatar got here in fifth place (13.2 occasions, to $234 billion).

As well as, the highest 10 consists of Romania, whose economic system elevated 9.3 occasions, to $346 billion, Kenya (8.6 occasions, $109 billion), Bangladesh (8.4 occasions, $446 billion), and Indonesia (8.3 occasions, $1.4 trillion).

Along with Ethiopia, China and Russia, India has achieved the quickest progress within the BRICS group, with its economic system rising 7.6 occasions for the reason that starting of the century. Through the years, the GDP of the UAE has grown 4.8 occasions, Egypt 4 occasions, Iran 3.7 occasions, Brazil 3.3 occasions, and South Africa 2.5 occasions.

The slowest GDP progress over the previous years was in Greece, reaching solely 83%.

Supply: Novosti