2024: Italy Growth Rate 0.6% Russia Growth Rate 3.6% With So Many Sanctions Russia Spend $126.3 Billion On His Military Italy Only $48.6 Billion And Russia Going To Surpass Italy See PPP Russia $6.34 Trillion Italy $3.58 Trillion Actually Embrassing For Italy Russia Literacy Rate More Than Italy Russia Foreign Reserve $700 Billion 144.3 Million Population Italy only 59.3 Million
Ferrari, Maserati, Lamborghini, Ducati, Parmigiano, just these come from one city in Italy... Then Clothes Versace, Armani, Gucci, etc etc. Food, wine etc etc. Every city in Italy is a open museum with millenary culture. I don't get why Russia should be embarrassed.
So Germany runs the EU! Also very impressive from the UK & Turkey. At this rate Turkey will surpass Spain soon! The Netherlands is also very impressive for a 18m people economy.
Its only logical, you gus give eu too much credit. China in 1990 used to be at the same place as india it barely had an economy. Fast forward to today they have the 2nd largest economy in the world. 1st largest if its GDP PPP theyre an economic powerhouse which will in due time surpass eu.
There were periods in the 1990s that Italy was Europe's third largest economy. Furthermore, in Italy there is unfortunately a lot of black market, in a percentage of perhaps 30% of the GDP.
@@JadonKaskey-er2pe for some reason Western countries like UK and France deem Italy a third world country, when in reality it's the lesser great power of XX century.
@@JadonKaskey-er2peDon't be surprised we might be the first one o second one... and I say it without arrogance and respect for other countrys. Unfortunately politcians are the worse here.
Still impressive. Turkey and the Netherlands do not differ much economically. They do differ in terms of inhabitants. Turkey 86 million, the Netherlands 18 million.
The European Union is a big factor and the Netherlands is getting good investments. Turkiye's geographical location affects investments and growth in many ways. If Türkiye were in the European Union, this situation would be very different and it would probably be competing with Russia.
Wirtschaftswunder in full effect. Also, don't expect the Russian economy to hold up to its position for much longer. An interest rate of a whopping 21% is enough to kill any sustainable economic activity.
Everything will be different for many countries after dollar loses its importance. For example UK's production is much lower than that of Italy. But UK's economy seems to be larger because USA feeds it with dollar.
2008 den önce Avrupa birliği 🇪🇺 Amerika 🇺🇸 dan büyük bir ekonomiydi şu an Amerika 350 milyon insan yaşıyor ve 500 milyon Avrupa birliği den daha büyük bir ekonomi
Never forget the countless AI videos "Romania is the next economic powerhouse of Europe", that Romanians actually buy even if the minimum wage is Romania is the lowest in Europe and we're the first at the level of social exclusion. We've shot ourselves in the foot, killed our industry out of spite for Ceausescu and because Europe us told to, we did it and we stil think we won lol.
The graph shows nominal gross domestic products. This is not a perfect indicator of the economic power of countries. We must take into account purchasing power parities, the composition of GDP and private and public debt rates. We must also look at the net external position, the balance of payments and the trade balance. Ireland's GDP, for example, mainly reflects its status as a tax haven. Russia's GDP may seem very low, but the country also has very little debt and its economy is weakly tertiarized. And France tends to replace its factories with shopping malls whose activity is indirectly fueled by social benefits. Of course, nominal GDPs still have a meaning: for example, Switzerland really has a disproportionate economic power. But we must be wary of nominal GDP: it is only one indicator among others.
Everything will be different for many countries after dollar loses its importance. For example UK's production is much lower than that of Italy. But UK's economy seems to be larger because USA feeds it with dollar. Also Turkey's economy seems to be 30% larger than the previous year.But this thing is also unrealistic.
@@onuncu_koy No it’s not. You can’t call racism just because you don’t my stance. I hate Putin. Do I hate all Russians? Of course not. I hate Trump. Do I hate all Americans? Of course not. I hate Erdogan… Do you understand where I’m going with this?
rusia no deberia estar en ese ranking porq en realidad no hace de la union europea y a nivel continental es una zona geografica aparte enquistada en asia y parte de ella (no su totalidad) es vecina de europa del este....
In ogni caso, che la Russia abbia una economia poco più grande della Spagna e più piccola dell' Italia è penoso: hanno 40 milioni di abitanti più di Spagna e Italia messe insieme , e mille volte più risorse: territorio, gas, petrolio, legname, minerali....
@@nicedoppy2077Russia is a european country and civilsation unlike Turkey and russians look more european than most of you semi half arabic southern europeans.
Russia should not be in that ranking because in reality it is not part of the European Union and at the continental level it is a separate geographical area entrenched in Asia and part of it (not all of it) is a neighbor of Eastern Europe...
This chart is about Europe, not EU. Hence countries like Norway, Switzerland, Turkey, and Russia are on it. Russia has always been considered both part of Europe and Asia (everything east of Ural Mountains). Its most important population centers and economic activities are in the Europe part anyway.
@ yes a minor part is in Europe but their culture and mentality is not European. European do not see Russians as European and part of civilized European culture. Sorry mate
And this is being said by a resident of a proud european country that will soon be populated exclusively by arabs? Or a zealous offended ukrainian? Cry about it
@@Vickzq Europe has far better moral than Russia with its fascist leader and people. Russia wage war and treats its people like it still is the 18century. Therefore Europeans will never accept Russia as part of European culture and community
Russia having less than Italy is actually embarrassing
2024:
Italy Growth Rate 0.6%
Russia Growth Rate 3.6%
With So Many Sanctions
Russia Spend $126.3 Billion On His Military Italy Only $48.6 Billion
And Russia Going To Surpass Italy
See PPP Russia $6.34 Trillion
Italy $3.58 Trillion
Actually
Embrassing For Italy
Russia Literacy Rate More Than Italy
Russia Foreign Reserve $700 Billion
144.3 Million Population
Italy only 59.3 Million
actually yes. they have two and a half times our population and 20 times more resources
Ferrari, Maserati, Lamborghini, Ducati, Parmigiano, just these come from one city in Italy...
Then Clothes Versace, Armani, Gucci, etc etc. Food, wine etc etc. Every city in Italy is a open museum with millenary culture. I don't get why Russia should be embarrassed.
@@franzs.7177 bc Italy (or Japan) managed to create this wealth after losing the war and without gas oil etc
@@giulioBonati That's my point. We might be the first economy in Europe but our politicians are the worse.
So Germany runs the EU! Also very impressive from the UK & Turkey. At this rate Turkey will surpass Spain soon! The Netherlands is also very impressive for a 18m people economy.
Switzerland is crazy considering its small population.
Switzerland had almost undamaged infrastructure after ww2. Made a lot of money to invest with exports.
It's amazing how Ireland grew last years.
as a turk, i didn't expect turkey's ranking to be this good. ig all of our taxes goes to taking care of refugees :/
bence bu video fake
@@kutlu0 banada öyle geliyor türkiye batmış bir ülke şuan resmi olarak
Turkey is rich but not how germany or usa.
Actually, the Turkish economy is tiny compared to the number of inhabitants. Eight times as many people as Sweden, but only twice the economy.
Germoney
It's always amazing on these lists like population and economy, how similar the UK and France are for decades. Our dearest enemies.
Superb work on the visual design! The bar comparisons highlight the insights perfectly.
Eu economy is still larger than china despite one third of population. That's impressive.
China will get old before rich it seems
Yes, their gdp per capita is bad
@@imfromisrael489super bad. 3rd world country
@@imfromisrael489China GDP Per Capital $13,341 2024
1.43 Billion Population Higher Than Whole Europe
@@K-Combat. ?
Its only logical, you gus give eu too much credit. China in 1990 used to be at the same place as india it barely had an economy. Fast forward to today they have the 2nd largest economy in the world. 1st largest if its GDP PPP theyre an economic powerhouse which will in due time surpass eu.
There were periods in the 1990s that Italy was Europe's third largest economy. Furthermore, in Italy there is unfortunately a lot of black market, in a percentage of perhaps 30% of the GDP.
Wow I’m impressed that the Italian economy is larger than the Russian economy
Same I really never recognized that it held the 4th spot.
Italy is in the G7.
Just Wait 3-4 Months Then Say
Russia 🗿 3.6%📈
Italy 0.7% 👺
@@JadonKaskey-er2pe for some reason Western countries like UK and France deem Italy a third world country, when in reality it's the lesser great power of XX century.
@@JadonKaskey-er2peDon't be surprised we might be the first one o second one... and I say it without arrogance and respect for other countrys. Unfortunately politcians are the worse here.
Still impressive. Turkey and the Netherlands do not differ much economically. They do differ in terms of inhabitants. Turkey 86 million, the Netherlands 18 million.
The European Union is a big factor and the Netherlands is getting good investments. Turkiye's geographical location affects investments and growth in many ways. If Türkiye were in the European Union, this situation would be very different and it would probably be competing with Russia.
Wirtschaftswunder in full effect. Also, don't expect the Russian economy to hold up to its position for much longer. An interest rate of a whopping 21% is enough to kill any sustainable economic activity.
Don't expect Russia as a nation to exist anymore...
russia is not part of european union....
@@nicedoppy2077 The title is Most Powerful Economies in Europe, not Most Powerful Economies in the EU
Everything will be different for many countries after dollar loses its importance. For example UK's production is much lower than that of Italy. But UK's economy seems to be larger because USA feeds it with dollar.
2008 den önce Avrupa birliği 🇪🇺 Amerika 🇺🇸 dan büyük bir ekonomiydi şu an Amerika 350 milyon insan yaşıyor ve 500 milyon Avrupa birliği den daha büyük bir ekonomi
The Brexit has no impact to Great Britain?
I don't think so. Can we trust the official numbers of the economy? 🤔❗
Great video as always 👍Thanks
Quelle?
„Vertrau mir Bruder“
Germany 🔥🔥
Never forget the countless AI videos "Romania is the next economic powerhouse of Europe", that Romanians actually buy even if the minimum wage is Romania is the lowest in Europe and we're the first at the level of social exclusion. We've shot ourselves in the foot, killed our industry out of spite for Ceausescu and because Europe us told to, we did it and we stil think we won lol.
sweden went from 7 to 12 :/
The graph shows nominal gross domestic products. This is not a perfect indicator of the economic power of countries.
We must take into account purchasing power parities, the composition of GDP and private and public debt rates. We must also look at the net external position, the balance of payments and the trade balance.
Ireland's GDP, for example, mainly reflects its status as a tax haven. Russia's GDP may seem very low, but the country also has very little debt and its economy is weakly tertiarized. And France tends to replace its factories with shopping malls whose activity is indirectly fueled by social benefits.
Of course, nominal GDPs still have a meaning: for example, Switzerland really has a disproportionate economic power. But we must be wary of nominal GDP: it is only one indicator among others.
Everything will be different for many countries after dollar loses its importance. For example UK's production is much lower than that of Italy. But UK's economy seems to be larger because USA feeds it with dollar. Also Turkey's economy seems to be 30% larger than the previous year.But this thing is also unrealistic.
Türkiye nin ekonomisi 4 trilyon dolar. Sen satın alma gücüne bak.
Sence Türkiye ispanya dan dahami küçük sanıyorsun.
Dumbest comment ever
not Turkey, Turkiye plz.
Let’s not embolden Erdogan’s fantasies
@@renzohorner2542 There is a Turk hater everywhere, and Erdogan is an excuse.
@@onuncu_koy No it’s not. You can’t call racism just because you don’t my stance. I hate Putin. Do I hate all Russians? Of course not. I hate Trump. Do I hate all Americans? Of course not. I hate Erdogan… Do you understand where I’m going with this?
Le valió vrg las sanciones a Rusia 🇷🇺
✋🗿🤚 ( sin ofender a nadie )
rusia no deberia estar en ese ranking porq en realidad no hace de la union europea y a nivel continental es una zona geografica aparte enquistada en asia y parte de ella (no su totalidad) es vecina de europa del este....
In ogni caso, che la Russia abbia una economia poco più grande della Spagna e più piccola dell' Italia è penoso: hanno 40 milioni di abitanti più di Spagna e Italia messe insieme , e mille volte più risorse: territorio, gas, petrolio, legname, minerali....
@@nicedoppy2077Russia is a european country and civilsation unlike Turkey and russians look more european than most of you semi half arabic southern europeans.
@@giulioBonatiWithout us germans you spanish and Italian would be no better even worse than Russia.
@@bertrecht913 torna a dormire....
Russia should not be in that ranking because in reality it is not part of the European Union and at the continental level it is a separate geographical area entrenched in Asia and part of it (not all of it) is a neighbor of Eastern Europe...
This chart is about Europe, not EU. Hence countries like Norway, Switzerland, Turkey, and Russia are on it. Russia has always been considered both part of Europe and Asia (everything east of Ural Mountains). Its most important population centers and economic activities are in the Europe part anyway.
Sh** up Russia is part of Europe especially the important western part
75% of the population lives in the European peninsula
almost all of its population lives west of the ural mountains (europe) and it is considered european
Last independent European country. And os far more European in culture than Britain, France or Germany now.
aferim
TURKEY İS NOT IN EUROPE. TURKEY IS LATIN AMERICAN COUNTRY
Bro learn geography from McDonald's
Yok Uzay ülkesi AQ. Latin Amerika ne alaka
as a turk, i can confirm that messi is a turk. 🤡🥵
Turkey is Eurasia
The uk is coming germany
Norway, Switzerland and England as main power of UK... show that EU isn't needed.
After covid and ukraine war europe as continent altogeather is heading into lost decade. I wish I emigrated to some other place.
Russia is not Europe
Russia has european territory. Period.
@ yes a minor part is in Europe but their culture and mentality is not European. European do not see Russians as European and part of civilized European culture. Sorry mate
And this is being said by a resident of a proud european country that will soon be populated exclusively by arabs? Or a zealous offended ukrainian? Cry about it
@@flo2677
That's your opinion. We - yes me aswell - western european are by no means anything special in context of morality.
@@Vickzq Europe has far better moral than Russia with its fascist leader and people. Russia wage war and treats its people like it still is the 18century. Therefore Europeans will never accept Russia as part of European culture and community