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Is Russia a poor country?

Best Answers

Because Russia is a poorer country. But if Russians were spending 50% of their total incomes on food then we'd be expecting the place to be as poor as Bangladesh and the like: and that simply is not true nor anywhere near it. This specific story is of course really just a detail. read more

Russia's per-capita GDP places it reasonably high and far from poor countries. However, several trends make that ranking misleading. Russia's current GDP standing is relatively recent and follows many years of severe under-investment in infrastructure. read more

Russia is just a developing country in IMF and WB lists.The net wealth per capita in 2011 was just 8200 $ ,1/23 of the net wealth for istance of an italian citizen.Yes,Russia is a poor country. read more

Best Answer: Thanks to petroleum exports its a very rich country. The way the wealth is distributed inside Russia, is a different story. read more

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