What is Russia's GDP compared to the US?
Russia's gdp per capita is about $8,200, which is not far from Poland's at $8,300 or South Korea's at $8,400. While South Korea is a major powerhouse in terms of economy, Russia is still behind the likes of Mexico, Brazil, and India.
In 2018, the Russian GDP was estimated to be $1.8 trillion. The GDP of the United States in the same year was estimated at $19.6 trillion, making it the world's largest economy. The GDP per capita in Russia was estimated at $2,500, while in the US it was estimated at $50,200.
How is Russia's GDP compared to the US?
In terms of gdp per capita, Russia’s total GDP per capita in 2011 was $5,927, while the United States’ was $53,201. In dollar value terms, the GDP of Russia was $2.3 trillion, while America’s was $15.7 trillion. The GDP of the Russian Federation in 2016 was $1.
571 trillion, whereas the GDP of the United States was $19.5 trillion. The comparison shows that the GDP per capita of Russia is $3,130, whereas the GDP per capita of the US is $64,000.
What is Russia's GDP compare to the US?
Russia's GDP is about two-thirds of the size of that of the United States. While the US is the wealthiest country in the world, Russia’s per capita GDP is about $12,793, making it the nineteenth wealthiest country in the world. Russia's GDP is also about half of the size of that of China.
Russia's GDP per capita is about 25% lower than that of the United States. However, Russia has a very high population density that gives the country a high GDP per capita when adjusted for population. In addition, the cost of Russian goods tends to be lower, making consumer goods cheaper than in the United States.
What is Russia's GDP per capita compared to the US?
Russia's GDP per capita is $8,400 while the US's is $61,600. This means that the purchasing power of the average Russian citizen is about half of that of the average American. However, the cost of living in Russia is much lower than in the US. The average cost of living in Russia is about two-thirds of that in the US.
A major factor that determines the economic growth of a country is the GDP per capita. This metric shows how much money an average person earns within a country. The higher the GDP per capita, the more well-off the average person is within that country.
How much is Russia's GDP compared to the US?
Russia’s GDP is around $1.2 trillion, while the US has a GDP of around $19.6 trillion. But the GDP of the United States is larger when you account for its population size. The average citizen of the United States is responsible for a much larger share of the economy than the average Russian. For example, in dollars per capita, Russia’s GDP is around $6,500, while the US has a GDP per capita of $53,500. Russia's GDP per capita is approximately $12,500 dollars, while the GDP of the United States is approximately $61,000. This means that while Russia has a large population, many of its citizens still live in poverty.
