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The share of Muscovy in world GDP collapsed to a minimum since the beginning of the century

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Well done Putin! Continues to monotonously finish off the Rashka!

Instead of a "breakthrough" to world growth rates, the Russian economy has entered stagnation, is growing lagging behind the world, and its share in global GDP is further declining. This forecast is given by the International Monetary Fund in the October issue of the World Economic Outlook published on Tuesday.

From the ruins of the scoop, the Russian Federation took out 4.8% of the world gross product, calculated at purchasing power parity.
In 2014, its share was 3.44%. The occupation of Crimea and aggression against Ukraine, sanctions and Putin's mediocre rule dropped the share of GDP to 3.16%, and then to 3.1%.
Now the share of Russia's GDP is 3.075% - the lowest value since 2000.
In the next five years, the trend for the loss of its share in world GDP for the Russian Federation will not only continue, but also accelerate, according to IMF experts.

According to their calculations, Russia's growth will be below the world average, not to mention the economies of developing countries, which, according to the IMF, will add 6.4% and 5.1% to their GDP in the next two years.
The fund sees the long-term prospects for Russia even more bleak: by 2026, growth rates will slow to 1.6%, which is almost half below Putin's ambitions of at least 3% per year.
The share of the Russian Federation in the global economy, according to the IMF, will fall to 3.02% in 2022, 2.97% in 2023, 2.92% in 2024.
By 2026, the Russian Federation will account for only 2.83% of world GDP - the same amount as after the 1998 default.
The latest specialized report on RussiaThe IMF mission stated the impossibility of accelerating economic growth without large-scale structural reforms. Among them - a decrease in the share of the state, an improvement in the business climate, the fight against monopolies (increased competition) and the reform of public administration with the removal of the regulatory burden imposed on business, reports Finans.ru .

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