[lbo-talk] Russian Economic Boom Factoids

Doug Henwood dhenwood at panix.com
Fri Mar 30 09:47:39 PDT 2007


On Mar 30, 2007, at 11:18 AM, Chris Doss wrote:


> Per capita GDP in Russia (real inflation-adjusted) in:
>
> 1999 $1334
> 2005 $5346
> 2006 $6879
> 2007 $8350 (projected)
>
> Source: Deutsche Bank

That just doesn't sound plausible - it works out to a growth rate of 25% a year, more than twice as fast as China, something like three times India. The World Bank has Russian per capita GDP up about 7% a year (real, PPP) up an average of 7% a year from 1999-2005, which is a lot more plausible.

Doug



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