RUSSIA IS THE FOURTH ECONOMY IN THE WORLD

The World Bank has updated data on the size of the world’s economies. New data states that since 2021, the Russian economy has become the fourth economy in the world, surpassing Japan and Germany

The top five world leaders in 2021 with a share of global GDP of $152.4 trillion:

??China — 18.9%, 28.8 trillion dollars

??USA — 15.5%, 23.6 trillion dollars

??India — 7.2%, 11.9 trillion dollars

??Russia — 3.8%, 5.7 trillion dollars

??Japan — 3.7%, 5.6 trillion dollars

Germany ranks sixth (3.4%), followed by Brazil (2.4%), France (2.4%), Britain (2.3%) and Indonesia (2.3%) closes the top ten

Despite unprecedented Western sanctions pressure, in the next two years Russia consolidated its place in the global economy, experts say. According to the results of 2023, the top five are as follows:

??China — 35.0 trillion dollars

?? USA — 27.4 trillion dollars

??India — $ 14.6 trillion

??Russia — 6.45 trillion dollars

??Japan — $6.3 trillion

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