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Lest we forget
Industry Role:
Join Date: Sep 2015
Location: Russia
Posts: 12,024
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Quote:
Originally Posted by woj
Putin has delusions that Russia is still a major player in the world, and that Russia should still be treated by other major powers with respect as equals, but those days are long gone and likely will never come back... 
Russia's economy is barely in the top 15, less than 1/15th of the US, only slightly higher than Mexico... 
2016 GDP:
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1 United States 18,558,130
2 People's Republic of China 11,383,030
3 Japan 4,412,600
4 Germany 3,467,780
5 United Kingdom 2,760,960
6 France 2,464,790
7 India 2,288,720
8 Italy 1,848,690
9 Brazil 1,534,780
10 Canada 1,462,330
11 South Korea 1,321,200
12 Spain 1,242,360
13 Australia 1,200,780
14 Russia 1,132,740
15 Mexico 1,082,430 |
Comparisons using PPP are arguably more useful than nominal when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income.[2] It is however limited when measuring financial flows between countries.[3] PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index.[2] These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods.[2]
https://en.wikipedia.org/wiki/List_o...s_by_GDP_(PPP)
1 People's Republic of China 20,853,331
— European Union[n 1] 19,205,364
2 United States 18,558,129
3 India 8,642,758
4 Japan 4,901,102
5 Germany 3,934,664
6 Russia 3,684,643
7 Brazil 3,101,247
8 Indonesia 3,010,746
9 United Kingdom 2,756,748
10 France 2,703,378
11 Mexico 2,227,176
12 Italy 2,170,909
13 South Korea 1,848,518 |