Russia has retained the fourth place in the ranking of the world's economies
Last year, Russia ranked fourth in the list of the world's largest economies, with the country's GDP exceeding $7 trillion in purchasing power parity (PPP) for the first time. This was reported on April 16 by the RIA Novosti news agency, citing IMF data and its own calculations.
According to the agency's analysis, the Russian economy reached $7.26 trillion in purchasing power last year, compared with $6.97 trillion a year earlier. Such results allowed the country to maintain its fourth position in the world ranking.
China remains the world's largest economy, with GDP by PPP rising to $41.2 trillion from $38.2 trillion in 2024. The United States is in second place with $30.8 trillion, and India is in third place, with GDP rising to $17.3 trillion.
Japan rounded out the top five, with an economy that reached $7 trillion. Germany took the sixth place with an indicator of $6.2 trillion. Indonesia ($5 trillion), Brazil ($4.99 trillion), and France ($4.56 trillion) also entered the top 10 and the United Kingdom ($4.55 trillion).
Russian President Vladimir Putin said yesterday that the unemployment rate in Russia continues to remain low and currently stands at 2.1%. According to him, such indicators indicate the transformation of the domestic labor market. In particular, flexible and platform-based types of employment are actively developing.
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