Hommam Al Nassim 
“Novosti” agency said, based on World Bank data, that the Russian economy has become the fourth largest economy in the world in terms of purchasing power parity, surpassing Japan and Germany.
According to the data, Russia ranked fourth in 2021 with a share of 3.8% of the global GDP, and after several years it still maintains its current position, thus surpassing Japan with 3.7% and Germany with 3.4%.
Russia’s GDP on a purchasing power parity basis was $5.7 trillion in 2021, compared to $5.6 trillion in Japan and $5.2 trillion in Germany.
China continues to lead the economic field between 2021 and 2023, as its gross domestic product reached 35 trillion at the end of last year.
The United States ranks second (27.4 trillion in 2023), and third is India (14.6 trillion).
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