where does Russia stand – UNIAN
Russia is under pressure from sanctions, but its partners include some of the world's largest economies.
Specialists from the Visual Capitalist portal have created an infographic with the world's largest economies by gross domestic product (GDP), adjusted by purchasing power parity (PPP). To do this, we used data from the International Monetary Fund for the end of 2024.
Note that recalculation using purchasing power parity makes it possible to make an adjustment to the level of current prices in the country’s economy, and, consequently, to the purchasing power of the currency. PPP GDP takes into account the cost of living and inflation rates in different countries, while nominal GDP is simply a comparison in comparable currencies.
Since 2014, China has maintained first place among…