War-torn Russia among the world’s leading economies for the first time since 2014 – Western sanctions have made Putin stronger
War-torn Russia is back in the world’s top ten economies in 2022, taking eighth place.
And this is something that, according to Sputnik, is happening for the first time since 2014, which confirms that this year Russia produced goods and services worth $2.3 trillion!
Specifically, in 2014, Russia ranked ninth in the list of the world’s largest economies producing goods and services with a value of $2.05 trillion, while in 2021 it was ranked 11th, according to the data.
The data showed that the US economy tops the rankings in 2022 with a total gross domestic product estimated at $25.5 trillion, while China comes in second place ($17.9 trillion), followed by Japan ($4.2 trillion), Germany ($4.07 trillion), India ($3.4 trillion). trillion dollars).
In addition, the UK economy remained in sixth place (US$3.07 trillion) on the list, and France ranked seventh (US$2.8 trillion), according to the statistics.
The assessment of countries’ GDP in 2022 was based on the most recent annual or quarterly data provided by national statistical offices in national currencies and recalculated in dollars.
It is worth noting that Russia managed to join the 10 largest economies in the world in the midst of a war with Ukraine, while the West imposed sanctions on it.
Western sanctions that have not been successful
According to the latest figures, the West and the United States imposed 15,311 sanctions on Russia by April 5, but they were by no means successful.
The penalties imposed by Western countries are numerically as follows:
USA (2,201)
Switzerland (1,999)
Canada (1,783)
United Kingdom (1,521)
European Union (1,511)
France (1,445)
Australia (1,115)
Japan (1,041)
Prior to February 2022 and the Kremlin’s decision to intervene in Ukraine, the sanctions imposed on these countries amounted to 2,695, which are:
USA (951)
Canada (454)
Switzerland (256)
European Union (248)
France (248)
United Kingdom (236)
Australia (220)
Japan (82)
The first round of a total of 2,695 penalties was imposed in 2014, due to Russia’s recovery of Crimea.
The 15,311 sanctions imposed on organizations, financial institutions and government bodies, asset freezes for both individuals and legal entities, ceilings on oil prices, Westerners expected Russia to “drown” by taking their own economies as an example.
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