Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). But if the figure is compared to countries with similar GDP per capita, such as Argentina, Bulgaria, and Kazakhstan, 4 percent is actually quite on par. You can change your personal cookie settings through your internet browser settings. They were placed on your computer when you launched this website. Corporate solution including all features. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. On average, 20 percent of all projects has been co-financed from regional business and local community resources. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Historical GDP by Country | Statistics from the World Bank | 1960-2018. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. GDP. World and regional statistics, national data, maps and rankings, Latest releases of new datasets and data updates from different sources around the world. Learn more about how Statista can support your business. Russia has also pledged $438 million to eight Financial Intermediary Funds that tackle global development challenges, such as HIV/AIDS, tuberculosis and malaria, debt relief, environmental protection, women’s entrepreneurship, and governance and public institutions in Middle East and North Africa countries in transition. Are you sure you want to delete this document? A definition and detailed explanation of the displayed segments can be found here. | Source: Statista, based on World Bank, Net output of the country’s agriculture sector, corresponding to forestry, hunting and fishing, the cultivation of crops, and livestock production | Source: World Bank, Net output of the country’s industry sector, corresponding to manufacturing, mining, construction, electricity, water, and gas | Source: World Bank, Net output of the country’s service sector, corresponding to wholesale, retail trade (including hotels and restaurants), and transport.Furthermore, government, financial, professional, and personal services such as education, health care, and real estate services are included. The new goals will also require changes to the “national projects” that are planned to be finalized by end-October. Update, Insights into the world's most important technology markets, Advertising & Media Outlook It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. My rough estimate is that it will take 25 years for that new generation to mature and gain power. The base year (100) has been set to 2017 for all countries, the base year of the input data may vary. * Estimate.Values have been rounded to provide a better understanding of the statistic. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Profit from additional features by authenticating your Admin account. facts. New, Everything you need to know about the industry development, Find studies from all around the internet. "Russia: Gross Domestic Product (Gdp) per Capita in Current Prices from 1994 to 2024 (in U.S. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Please authenticate by going to "My account" → "Administration". you to make unique comparisons between cities in the region of your interest. Regional Economic Update "Fighting COVID-19" is now available. Public debt, currently at 13.9 percent of GDP, could increase to about 24 percent of GDP by 2022, which is still manageable. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Update, Insights into the world's most important technology markets, Advertising & Media Outlook The data on GDP by country from the World Bank presented on this page covers the period for the last half of the century. Concerns over the pandemic’s second wave, lower oil prices, and an escalation of geopolitical risks led to stronger pressure for another depreciation in September. Please contact us to get started with full access to dossiers, forecasts, studies and international data. - 2024 GDP (projected): $206.73 billion ($5,036.43 per capita, 56.37% growth from 2019) The former Soviet Union nation of Ukraine has emerged, in recent years, as a battleground for the proxy war between the EU and Russia. This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Okay to continue If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. dollars)." Unemployment % of labour force. (billed annually). The knowledge program is delivering results. Are you sure you want to delete this page? | Source: Statista, based on World Bank, How the economy is impacted by COVID-19 2020, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. List of sovereign states in Europe by GDP (nominal) per capita 2019. Russia: The GDP (gross domestic product) in Russia is forecast to amount to US$1,797.20bn in 2024. Downside risks involve a more protracted pandemic and hence a prolongation of containment measures; a slow and shallow global economic recovery; a further drop in commodity prices; growing macro-financial vulnerabilities; and a worsening of geopolitical risks and the triggering of worse-than-anticipated sanctions. This page presents GDP forecast figures by country for the period from 2020 to 2024 as estimated by the IMF in its latest edition of World Economic Outlook (WEO) as of October 2019. The agreed OPEC+ production cuts are expected to weigh on growth in 2020 and 2021. In 2023, the total investment in Russia is forecast to amount to US$453.58bn. You only have access to basic statistics. GDP per capita is gross domestic product divided by midyear population. Historical GDP per Capita by Country | Statistics from the World Bank | 1960-2018. Are you sure you want to delete this page? Historical GDP per Capita by Country | Statistics from the World Bank | 1960-2018. But if we... How Deep an Economic Decline Can the World Expect in 2020? IMF updates its economic forecast twice a year: in April and October. As of July 1, 2020, the regional budget deficit had reached about 0.2 percent of GDP compared to a roughly 0.6 percent surplus in the same period last year. In the table below, countries are ranked by the gross domestic product measured in purchasing power parities (PPP) at current prices. Find Out. United States: Trade Deficit Widened to Record $84 Billion in August, IMF Global Growth Projections | Cautious Optimism Amidst COVID-19 Upsurge. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook No subnational crisis, however, is expected, as Russia has reasonably managed aggregate subnational finances. Insights into the economy, operational environment, society, and charisma. > LEARN MORE: Russia Monthly Economic Developments. | Source: World Bank, The Control of Corruption Index captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption as well as the state’s being "captured" by private interests. If you continue to navigate this website beyond this page, cookies will be placed on your browser. $39 per month* Reading Support In, IMF. Data are in current U.S. dollars. Russia 12011.50 Dec/19 10500: 11000: 12100: USD. A comprehensive overview including detailed data based on our analysts’ research enables in the Economy market World and regional statistics, national data, maps and rankings, Latest releases of new datasets and data updates from different sources around the world. October 11, 2019. Russia: Gross domestic product (GDP) per capita in current prices from 1994 to 2024 (in U.S. dollars) [Graph]. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. For example, a more protracted pandemic would lower growth from 2.7 to 1 percent in 2021 (preliminary estimate). IMF updates its economic forecast twice a year: in April and October. In 2020, Russia’s GDP is expected to contract by  5 percent, an 11-year low. Estimates assign an aggregated score in the selected country in units of a standard normal distribution, i.e., ranging from approximately -2.5 to 2.5. A definition and detailed explanation of the displayed segments can be found here. Search and explore the world’s largest statistical database to find data. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. However, economic growth is projected to slowdown in 2020 due to the coronavirus pandemic and falling oil prices. - 2024 GDP (projected): $26.09 billion ($6,868.89 per capita, 47.36% growth from 2019) Since the Revolution of the Roses in 2003, the former Soviet Union nation of Georgia has seen significant economic growth. Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. The gross capital formation in Russia is expected to show a growth of 3.6% in 2023. The Consumer Price Index is a common measure of the development of daily expenditure assuming unchanging consumption patterns. The Bank’s partnership with the Russian Government helps bring the country’s knowledge and financial resources to benefit other countries around the world. However, a rebound is not a recovery, particularly given Russia’s significant structural impediments noted earlier. yoy, Coronavirus (COVID-19) situation in Belarus as of October 2020, Coronavirus (COVID-19) in the top 20 economic powers worldwide as of Oct. 27, 2020, Quarterly unemployment rates in developed and emerging countries 2017-2020, COVID-19 anti-crisis policy spending in Russia 2020-2021, by sector, Effective exchange rate index for major developed and emerging countries 2018-2020, Distribution of the workforce across economic sectors in India 2020, Distribution of the workforce across economic sectors in Russia 2020, Economy - Russia. IMF. A nation’s economy refers to the macroeconomic indicators of the country. Prima facie, this 4 percent seems relatively small and less front-loaded compared to advanced economies.

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