The IMF predicts that the share of the russian economy in global GDP will fall to a historic low
Contrary to the kremlin's ambitious plans and putin's promises, the russian economy will grow slower than the world economy in the next five years and continue to lose its share of global GDP
This was written by espreso.tv
According to the IMF, at the end of 2023, russia accounted for 2.94% of the world's output of goods and services at purchasing power parity (PPP). By 2025, this share will decline to 2.9%, in 2026 it will drop to 2.85%, and in 2027 — to 2.8%.
By the end of 2028, according to IMF estimates, russia will account for only 2.75% of the world economy, and in 2029 only 2.7%. This will be the lowest in the country's modern history, lower than the bottom of 1998, when russia's share of global GDP fell to 2.83% amid the default.
- In late February, the IMF said that the confiscation of russian assets should have a sufficient legal basis to avoid potential risks.
