Russia and Iran are irrelevant in the global economy.
> Russia and Iran are irrelevant in the global economy.
They're modest by raw economic size, but outsized in relevance due to energy resources and geopolitical leverage.
Russia is 9th world economy by nominal GDP [1]. Larger than many European and Asian countries.
Also I am surprised that China is so close to US (20 Trillion vs 31 Trillion). The gap is less than 2x now.
[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28no...
Iran is irrelevant?
You probably haven't turned on the news in a little while.
> Russia and Iran are irrelevant in the global economy.
They're modest by raw economic size, but outsized in relevance due to energy resources and geopolitical leverage.
Russia is 9th world economy by nominal GDP [1]. Larger than many European and Asian countries.
Also I am surprised that China is so close to US (20 Trillion vs 31 Trillion). The gap is less than 2x now.
[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28no...
Iran is irrelevant?
You probably haven't turned on the news in a little while.