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I had no idea the disparity between the US and Russian economies was so huge!

• deleted 8y ago
  [deleted]
• themodelplumber 8y ago
  I didn't see Russia on the map, where did you find it?
  • rukittenme 8y ago
    Not the OP but its not on the graph. It's mentioned in this blurb: > The economy of alleged US nemesis Russia is less than 9% as large as the US economy and hasn’t grown consistently in years.
  • SketchySeaBeast 8y ago
    It's in the text at the bottom: "The economy of alleged US nemesis Russia is less than 9% as large as the US economy and hasn’t grown consistently in years."
    • vkou 8y ago
      Russia has ~40% of the population of the US, and one major export - oil. Oil in itself, surprisingly, does not contribute much to GDP[1] (Even though the modern world is built on it). Outside from the major metro areas, Russia does not have a extensive - or expensive service economy, and it has very few exports. Between that, and the petro-ruble suffering from oil shocks/sanctions, its GDP is, unsurprisingly, quite low. [1] Oil is, for example, 3% of Canada's GDP, but you wouldn't think it, given how hard the federal government is trying to prop it up, at the expense of other industries. Extracting it, like growing food, is an incredibly low-value industry.