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To: bert
Learn:

Russia Per Capita Income

PPP=$25,763

Nominal =$10,846

What is PPP?

"Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income."

57 posted on 05/12/2022 6:01:03 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Income does not convey the economic power that GDP does.

The Russian GDP is a measure of economic strength. Russia has nothing it manufactures that can be considered a decent export product. Absent oil and weapons, nothing “made in Russia” is bought by in the world markets.

Outside the few cities, Russia lacks paved roads.


61 posted on 05/12/2022 7:02:27 AM PDT by bert ( (KW?E. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)
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