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This year, Russia's GDP will surpass Japan's.

Báo Quốc TếBáo Quốc Tế24/10/2024

Recently, the International Monetary Fund (IMF) published a report on Gross Domestic Product (GDP) in countries around the world . According to the report, Russia's GDP this year will account for 3.55% of the world's GDP in terms of purchasing power parity.


IMF: Nga vượt Nhật Bản trở thành nền kinh tế lớn thứ 4 thế giới
According to an IMF report, Russia's GDP growth this year is projected at 3.6%. (Source: Reuters)

The report states that, in terms of its share of global GDP based on purchasing power parity, Russia surpasses Japan (3.38%).

The top positions in the ranking are held by China, the United States, and India, respectively.

According to the IMF report, Russia's GDP growth this year is projected at 3.6%, an increase of 0.4 percentage points compared to the estimate from last July.

For 2025, the IMF lowered its forecast for Russia's economic growth to 1.3%, lower than the 1.5% projected in July.

According to the latest forecast from the same agency, by 2029, the Russian economy will still maintain its 4th position, with a 0.2% gap behind Japan (3.23% compared to 3%), and there is no risk of losing this ranking.

Previously, Moscow's share of global GDP in 2024 was estimated at 2.9%. The IMF believes that Indonesia will surpass Russia by 2029 and that Russia will not be able to become the world's fourth-largest economy.

The Russian Ministry of Economic Development also expects higher growth in 2024.

According to September forecasts, real GDP growth by the end of the year will be 3.9%. In early April, President Vladimir Putin instructed that the country be ensured to join the world's four largest economies by 2030.

On June 5th, at the St. Petersburg International Economic Forum, he announced that Russia had achieved this goal.



Source: https://baoquocte.vn/nam-nay-gdp-cua-nga-se-vuot-nhat-ban-291231.html

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