10/27/24

Permalink IMF upgrades Russia to world’s fourth-largest economy

The country is outperforming Japan in terms of purchasing power parity, according to the Washington-based organization | The International Monetary Fund (IMF) has ranked Russia as the world’s fourth-largest economy based on purchasing power parity (PPP). PPP compares economic productivity and standards of living between countries by adjusting for differences in the cost of goods and services. 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%). The latest figures show that the world’s leading economies by PPP now include three BRICS countries – China, India, and Russia – the report authors noted, pointing out that Russia’s upgrade has been driven by Western sanctions.

Permalink

Health topic page on womens health Womens health our team of physicians Womens health breast cancer lumps heart disease Womens health information covers breast Cancer heart pregnancy womens cosmetic concerns Sexual health and mature women related conditions Facts on womens health female anatomy Womens general health and wellness The female reproductive system female hormones Diseases more common in women The mature woman post menopause Womens health dedicated to the best healthcare
buy viagra online