The poverty rate in Russia was expected to steadily decrease over the coming years, however coronavirus pandemic might affect this trend depending on the intensity of the crisis caused by thereof. In case of severe shock figures are projected to reach levels equivalent to that of 2019 only in 2022. However, if the shock will be moderate, the indicator is estimated to keep dropping without significant distortions.

Over nine percent of children in Russia were estimated to fall into poverty additionally due to the economic crisis caused by the Russian invasion of Ukraine, based on the analysis from 2022. Russia had the most children among Eastern European and Central Asian countries. Furthermore, five percent of the Ukrainian child population was expected to experience poverty as a result of the economic shock. The economic decline caused by the war was also projected to increase adult poverty across the region, though to a lesser extent.

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.

Slovakia was the European Union (EU) country with the largest expected increase in poverty due to the Russia-Ukraine war that began in February 2022. According to the estimates, the share of the Slovak population at risk of poverty was estimated to increase by 4.3 percent as a consequence of economic issues caused by the invasion, such as inflation. Estonia was projected the second-highest poverty increase, at 3.7 percent of residents.

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 5.4 percent in 2023 and 5.0 percent in 2024. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

The statistic shows the life expectancy at birth in India from 2013 to 2023. The average life expectancy at birth in India in 2023 was 72 years. Standard of living in India India is one of the so-called BRIC countries, an acronym which stands for Brazil, Russia, India and China, the four states considered the major emerging market countries. They are all in a similar advanced economic state and are expected to advance even further. India is also among the twenty leading countries with the largest gross domestic product / GDP, and the twenty countries with the largest proportion of global gross domestic product / GDP based on Purchasing Power Parity (PPP). Its unemployment rate has been stable over the past few years; India is also among the leading import and export countries worldwide. This alone should put India in a relatively comfortable position economically speaking, however, parts of the population of India are struggling with poverty and health problems. When looking at a comparison of the median age of the population in selected countries – i.e. one half of the population is older and the other half is younger –, it can be seen that the median age of the Indian population is about twenty years less than that of the Germans or Japanese. In fact, the median age in India is significantly lower than the median age of the population of the other emerging BRIC countries – Russia, China and Brazil. Additionally, the total population of India has been steadily increasing. Regarding life expectancy, India is neither among the countries with the highest, nor among those with the lowest life expectancy at birth. The majority of the Indian population is aged between 15 and 64 years, with only about 5 percent being older than 64.