In terms of GDP, Russia overtook Germany and went to 5th place in the world!

 According to the World Bank, in 2012 Russia’s GDP at purchasing power parity rates exceeded the GDP of Germany. Thus the size of the economy Russia rose to 5th place in the world. We are ahead of only the U.S., China, India and Japan.

At the end of 2012, the gross domestic product of Russia in national currencies purchasing power parity (GDP PPP) was 3 trillion 380 billion 073 million dollars. These data are shown in the recent study of the World Bank, which is much more to be trusted than the traditionally less objective measures of the IMF pro-American. 

Now, by GDP (PPP) Russia has moved to 5th place in the world. We are ahead of only the U.S., China, India and Japan.

Top 15 countries in terms of GDP (PPP), according to the World Bank for 2012

  • GDP (PPP) of the Russian Federation 2012
  • GDP (PPP) of the Russian Federation 2012

Recall that in 2000 our GDP in PPP terms was $ 973 billion (which was 2.15 times less than at the time of GDP (PPP) Germany — $ 2,079 billion

From World Bank data also shows that about to happen another significant event — Russia as Putin promised at the end of 1999, finally catches up with Portugal (one of the countries of Western Europe) in terms of GDP (PPP) per capita.

According to the World Bank, GDP (PPP) per capita Russia in 2012 was $ 23,600 ($ 3,380 vlrd: 143,400,000 people = $ 23,600 per person). The comparable figure Portugal in 2012 was about $ 24,900 per person ($ 266.6 billion: 10.7 million people = $ 24,900). The difference now is only about 5%.

  • GDP per capita of the Russian Federation 1989-2011

Recall that in 2000, Russia‘s GDP (PPP) per capita was $ 6,660, or 3.57 times less than today.

To the IMF and CIA

A nominal GDP of Russia, even biased to the IMF, in 2012 amounted to 2 trillion 21 billion 960 million dollars. With this level of Russia surpassed Italy and reached the 8th place in the world (see tables below). According to the CIA’s nominal GDP for Russia in 2012 amounted to 2 trillion 53 billion dollars.

Top 10 countries by GDP (according to the IMF) for 2012

  • Russian nominal GDP in 2012 according to the IMF

Top 10 countries by GDP (according to the CIA) for the year 2012

  • Russian nominal GDP in 2012 according to the CIA

Recall that in 2000 our GDP at face value was about $ 260 billion — that is, was about eight times less than the current one.

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