Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated *** trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately *** billion U.S. dollars and *** billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over ** percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around ** percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately *** percent and *** percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around ** percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

Gross Value Added per Capita: NC: Republic of Dagestan data was reported at 321,237.100 RUB in 2023. This records an increase from the previous number of 285,551.700 RUB for 2022. Gross Value Added per Capita: NC: Republic of Dagestan data is updated yearly, averaging 83,788.150 RUB from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 321,237.100 RUB in 2023 and a record low of 955.100 RUB in 1994. Gross Value Added per Capita: NC: Republic of Dagestan data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.AC028: Gross Value Added per Capita: by Region.

Among all federal subjects of Russia, the Ingushetia Republic had the lowest gross regional product (GRP) per capita in 2022, which was measured at 159.6 thousand Russian rubles. In the Chechen Republic, the figure was measured at around 207 thousand Russian rubles per person.

Russia had the highest gross domestic product (GDP) per capita based on purchasing-power-parity (PPP) in Eurasia in 2024, at approximately ****** 2017 international U.S. dollars. It was followed by Kazakhstan and Belarus. The lowest figure in the CIS region was estimated in Tajikistan.

The statistic shows gross domestic product (GDP) per capita in the Caucasus countries from 2020 to 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. Caucasus stands for the mountain range between the Black Sea and the Caspian Sea, encompassing areas in Armenia, Azerbaijan, Georgia, and Russia. In 2021, GDP per capita in Armenia amounted to around ******** U.S. dollars.

The average monthly income per capita in the Ural Federal District of Russia increased by 5.7 thousand Russian rubles between 2022 and 2023, measuring at approximately 53.2 thousand Russian rubles in the latest year observed. To compare, in 2013 the average income in the region was approximately 28.7 thousand Russian rubles.

Gross Value Added per Capita: NC: Chechen Republic data was reported at 257,429.500 RUB in 2023. This records an increase from the previous number of 206,751.300 RUB for 2022. Gross Value Added per Capita: NC: Chechen Republic data is updated yearly, averaging 109,616.600 RUB from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 257,429.500 RUB in 2023 and a record low of 20,038.400 RUB in 2005. Gross Value Added per Capita: NC: Chechen Republic data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.AC028: Gross Value Added per Capita: by Region.

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2023, reaching 37 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Algeria and Saudi Arabia followed behind.Leading military spending countriesIn gross terms, the countries with the highest military spending are the United States, China, and Russia. However, these are countries with large populations and GDPs, and smaller countries usually cannot compete alone, regardless of how much they invest. For this reason, they form alliances such as the North Atlantic Treaty Organization (NATO). NATO countries aim to pool two percent of their GDP towards their own militaries and to aid each other in case of war. Regional differencesThe past decade has seen an increase in global military spending. This has not been distributed evenly. That period saw large positive changes in military spending from several Asian countries, including a large increase from China. While this does not reflect the number of active conflicts, it reflects growing tensions in global affairs.

The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 percent.

Comparing the ** selected regions regarding the volume per Capita, combined in the 'Coffee' segment of the hot drinks market, the Netherlands is leading the ranking (**** kilograms) and is followed by Finland with **** kilograms. At the other end of the spectrum is India with **** kilograms, indicating a difference of **** kilograms to the Netherlands. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Russia regarding share in the segment Coffee and a ranking of subsegments in China regarding share in the segment Tea . The Statista Market Insights cover a broad range of additional markets.

Gross Value Added per Capita: SB: Republic of Tyva data was reported at 363,158.200 RUB in 2023. This records an increase from the previous number of 320,059.300 RUB for 2022. Gross Value Added per Capita: SB: Republic of Tyva data is updated yearly, averaging 83,135.250 RUB from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 363,158.200 RUB in 2023 and a record low of 1,805.300 RUB in 1994. Gross Value Added per Capita: SB: Republic of Tyva data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.AC028: Gross Value Added per Capita: by Region.

Population: VR: Republic of Tatarstan data was reported at 4,016,571.000 Person in 2024. This records an increase from the previous number of 4,003,016.000 Person for 2023. Population: VR: Republic of Tatarstan data is updated yearly, averaging 3,785,651.500 Person from Dec 1989 (Median) to 2024, with 36 observations. The data reached an all-time high of 4,016,571.000 Person in 2024 and a record low of 3,653,969.000 Person in 1989. Population: VR: Republic of Tatarstan data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.GA002: Population: by Region.

Population: CF: City of Moscow data was reported at 13,258,262.000 Person in 2024. This records an increase from the previous number of 13,149,803.000 Person for 2023. Population: CF: City of Moscow data is updated yearly, averaging 11,139,139.500 Person from Dec 1989 (Median) to 2024, with 36 observations. The data reached an all-time high of 13,258,262.000 Person in 2024 and a record low of 8,880,124.000 Person in 1989. Population: CF: City of Moscow data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.GA002: Population: by Region.

人均总增加值：SF：克里米亚共和国在12-01-2023达377,647.900俄罗斯卢布，相较于12-01-2022的340,924.600俄罗斯卢布有所增长。人均总增加值：SF：克里米亚共和国数据按年更新，12-01-2014至12-01-2023期间平均值为236,084.950俄罗斯卢布，共10份观测结果。该数据的历史最高值出现于12-01-2023，达377,647.900俄罗斯卢布，而历史最低值则出现于12-01-2014，为100,526.400俄罗斯卢布。CEIC提供的人均总增加值：SF：克里米亚共和国数据处于定期更新的状态，数据来源于Федеральная служба государственной статистики，数据归类于全球数据库的俄罗斯联邦 – Table RU.AC028: Gross Value Added per Capita: by Region。