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

Recently, the International Monetary Fund (IMF) released 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.

According to the IMF report, Russia's GDP growth this year is forecast at 3.6%. (Source: Reuters)

In terms of share of global GDP based on purchasing power parity, Russia surpasses Japan (3.38%), the report said.

The top positions in the rankings belong to China, the US and India respectively.

According to the IMF report, Russia's GDP growth this year is forecast at 3.6%, up 0.4 percentage points from last July's estimate.

For 2025, the IMF lowered its forecast for Russian economic growth to 1.3%, down from the 1.5% forecast made in July.

According to the latest forecast of the above agency, by 2029, the Russian economy will still maintain the 4th position with a gap of 0.2% compared to 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 in 2029 and 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.

Real GDP growth is expected to be 3.9% by the end of the year, according to September forecasts. Earlier in April, President Vladimir Putin ordered the country to join the world's four largest economies by 2030.

On June 5, 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