Does Russia have a good GDP per capita?
Does Russia have a good GDP per capita?
GDP per capita in Russia averaged 9131.88 USD from 1989 until 2020, reaching an all time high of 12122.61 USD in 2019 and a record low of 5505.70 USD in 1998. Russia GDP per capita – values, historical data and charts – was last updated on December of 2021.
What is the growth rate of GDP per capita?
Annual growth rate of real Gross Domestic Product (GDP) per capita is calculated as the percentage change in the real GDP per capita between two consecutive years. Real GDP per capita is calculated by dividing GDP at constant prices by the population of a country or area.
What is the GDP per capita income of Russia?
Economy of Russia
| Statistics | |
|---|---|
| GDP per capita | $11,654 (nominal, 2021 est.) $29,485 (PPP, 2021 est.) |
| GDP per capita rank | 64th (nominal, 2021) 55th (PPP, 2021) |
| GDP by sector | agriculture: 4.7% industry: 32.4% services: 62.3% (2017 est.) |
| Inflation (CPI) | 3.2% (2020 est.) |
Who is richer China or Russia?
In 2017, China’s per capita GDP at market exchange rates was $8,800, somewhat below Russia’s ($10,700) (both well below that of the United States, $59,500). Just as China’s overall GDP is expected to rise more rapidly than Russia’s, China’s per capita GDP is also expected to rise more rapidly.
Is Russia a third world country?
Definition of a Third World Country Underlying Meaning This includes North America, Japan, Western Europe and Australia. These countries include Russia, Poland, China and some Turk states. Third world countries are all the other countries that did not pick a side. This includes most of Africa, Asia and Latin America.
What is Russia’s world rank?
List of countries (and dependencies) ranked by area
| # | Country | % of world landmass |
|---|---|---|
| 1 | Russia | 11.0 % |
| 2 | Canada | 6.1 % |
| 3 | China | 6.3 % |
| 4 | United States | 6.1 % |
Where does Russia rank in the world by GDP?
GDP by Country
| # | Country | GDP (abbrev.) |
|---|---|---|
| 8 | Brazil | $2.054 trillion |
| 9 | Italy | $1.944 trillion |
| 10 | Canada | $1.647 trillion |
| 11 | Russia | $1.578 trillion |
Is Russia more powerful than the UK?
How does the UK military compare with Russia? Russia has the world’s second most powerful armed forces, according to military ranking website Global Firepower, trailing only behind the USA. In comparison to the UK, Russia has an estimated total military personnel of 3 million – while the UK has only 275,660.
Is Russia richer than UK?
Russia has a GDP per capita of $27,900 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.
What countries have the highest GDP per capita?
Luxembourg
What is the per capita income for Russia?
Russia gni per capita for 2019 was $11,260, a 9.85% increase from 2018. Russia gni per capita for 2018 was $10,250, a 11.29% increase from 2017. Russia gni per capita for 2017 was $9,210, a 5.34% decline from 2016.
What does the GDP per capita represent?
Key Takeaways GDP per capita is a country’s economic output divided by its population. It’s a good representation of a country’s standard of living. It also describes how much citizens benefit from their country’s economy. Purchasing power parity compares different countries’ economic output.
