In terms of Europe as a whole, Germany remains the largest economy and the fourth largest in the world in terms of GDP, with a GDP of $4.21 trillion in 2021, behind Japan ($4.9 trillion). Although GDP growth was only 2.7%, Germany's GDP rose sharply, narrowing the gap with Japan, taking into account the sharp appreciation of the euro.
Followed by Germany by the United Kingdom ($3.19 trillion), France and Italy, Russia's GDP can rank fifth in Europe, but unfortunately, Russia's GDP has fallen from the top ten global GDP and temporarily ranked 11th in the world.
According to the statistics of the data, Russia's GDP growth rate in 2021 is 4.7% year-on-year, such a growth rate is not low, for Russia is a high growth, since last year the global economic recovery, Russia is no exception, all industries are recovering the development of the past, industry and service industry recovery is faster, the primary industry recovery is slower.
At the same time, there is still an important influencing factor for Russia's higher GDP growth in 2021, that is, global commodity prices have risen since last year, oil and gas have experienced multiple rounds of rise, and the natural gas supply in Western Europe is basically provided by Russia, and energy exports have contributed greatly to Russia's GDP growth.
According to the exchange rate and GDP calculations, Russia's GDP in 2021 reached 1.77 trillion US dollars, compared with 2020 to achieve higher growth, because South Korea has not released specific GDP data for the time being, so Russia's GDP ranking has not yet been determined, but according to data speculation, South Korea's GDP in 2021 is expected to be 1.8 trillion US dollars, still higher than Russia.
Therefore, Russia's GDP has not returned to the top ten in the world, and this year it is even more unlikely, although Russia's economic strength is not as good as South Korea's, but its military strength and international status are incomparable to South Korea.
So, what is the latest GDP of Ukraine? According to the website of the Ministry of Commerce, Ukraine's GDP fell by 2.2% in the first quarter of 2021, followed by positive growth in the next three quarters, especially in the fourth quarter, gdp increased by 5.9%, so Ukraine's GDP for the whole year of 2021 increased by 3.2%.
In terms of economic volume, Ukraine's total GDP in 2021 is about 200 billion US dollars, which is at the bottom level in Europe, and if calculated according to last year's average exchange rate, Ukraine's GDP is 1.29 trillion yuan, which is equivalent to the GDP scale of the mainland Jilin Province (1.32 trillion yuan), which can rank sixth from the bottom in the mainland.
If from the perspective of per capita GDP, Ukraine's per capita GDP in 2021 is 4532 US dollars, if converted into RMB, it is only 29,200 yuan, and even Gansu Province, which has the lowest per capita GDP in the country, has reached 40,000 yuan, so Ukraine's economic growth is very slow, and the total population has been decreasing for decades.
Ukraine's economic strength today is far less than Russia, a number of economic indicators in Europe at the bottom, Ukraine's GDP in 2021 is only 11.2% of Russia's, in terms of per capita GDP, Russia is also in the leading position, Russia's per capita GDP in 2021 is 12,000 US dollars, is 2.6 times that of Ukraine, the gap is still very large.
If the economic strength is compared separately, the GDP and per capita GDP of guangdong province and jiangsu province on the mainland have exceeded Russia, Guangdong's GDP in 2021 is 1.93 trillion US dollars, Jiangsu is 1.8 trillion US dollars, in terms of per capita, Guangdong is 1.53 million US dollars, Jiangsu is 21,200 US dollars, both higher than Russia, so the continuous improvement of economic strength will increase the overall comprehensive strength.