![]() Russia is somewhat close to the less developed Eastern European countries and if they do something stupid in Ukraine and face a new round of stronger sanctions I'm sure they'll fall behind those countries too. Most EU countries are significantly better than Russia even when adjusting for purchasing power. For example Romania, which is often quoted as being one of the worse countries by most metrics in the EU has higher GDP per capita adjusted for purchasing power. First, Russia GDP per capita, adjusted for purchasing power is not just behind Germany, it sits around most Eastern European nations.Your statement both grossly overestimates things and is also entirely factually correct. GDP PPP is a better measure for comparing different economies relative performance, by PPP china surpassed the us a decade ago, India jumps to third place and Russia sits just behind Germany, after which there's a bit of a drop before the next few come in. Russia does not import much, so their dollar gdp doesn't matter much to their actual economic performance, and since their primary export is fossil fuels, the total dollar gdp is basically pegged to the price. This map is interactive! More locations ».Related Subreddits SubredditĬasual conversations focused around Europe.įlag of Ukraine with the EU flag stars, in solidarity with Ukraine.īy u/Sjamsjon Some local European subreddits During the week, please use /r/CasualEurope instead. Non-OC photograph posts are only allowed on weekends. Interested in doing an AMA? Know someone who is? Message the mods! Rules on photo posts
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