Presentation is loading. Please wait.

Presentation is loading. Please wait.

RUSSIA. GDP = 5.6% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation.

Similar presentations


Presentation on theme: "RUSSIA. GDP = 5.6% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation."— Presentation transcript:

1 RUSSIA

2 GDP = 5.6% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation = 14.1% “Inflation” is the rise of the total money supply of the country, or the addition of more money. When prices go up, it is because of inflation. Unemployment = 6.4% “Unemployment” is how many people in the country who are of working age, who do not have a job to employ them. Income Distribution = Lowest 1.9% Highest 30.4% “Income Distribution” describes how the money is distributed among the people in the country. HDI =.817 “Human Development Index” is a ranking of countries in the entire world. Russia is in the top 20% of countries for being developed. HPI = 15.8% “Human Poverty Index” shows how many people in the country are living below the documented poverty level of income. Public Debt = 6.5% “Public Debt” is how much of the countries money is debt money, or money that needs to be paid back to someone.

3 Russian GDP Inflation Unemployment

4 Russia Russia ended 2008 with GDP growth of 5.6%, following 10 straight years of growth averaging 7% annually since the financial crisis of 1998. Over the last six years, fixed capital investment growth and personal income growth have averaged above 10%, but both grew at slower rates in 2008. During the past decade, poverty and unemployment declined steadily and the middle class continued to expand. Russia also improved its international financial position, running balance of payments surpluses since 2000.

5 TURKEY

6 GDP =0.9% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation =10.4% “Inflation” is the rise of the total money supply of the country, or the addition of more money. When prices go up, it is because of inflation. Unemployment = 11% “Unemployment” is how many people in the country who are of working age, who do not have a job to employ them. Income Distribution = Lowest1.9% Highest 33.2% “Income Distribution” describes how the money is distributed among the people in the country. HDI =.775 “Human Development Index” is a ranking of countries in the entire world. Russia is in the top 20% of countries for being developed. HPI = 20% (2002) “Human Poverty Index” shows how many people in the country are living below the documented poverty level of income. Public Debt =40% “Public Debt” is how much of the countries money is debt money, or money that needs to be paid back to someone.

7 Turkey GDP Inflation Unemployment

8 Turkey Turkey's dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that still accounts for about 30% of employment. It has a strong and rapidly growing private sector, yet the state remains a major participant in basic industry, banking, transport, and communication. Real GDP growth has exceeded 6% in many years, but this strong expansion has been interrupted by sharp declines in output in 1994, 1999, and 2001. Due to global contractions, annual growth is estimated to have fallen to 1.1% in 2008. Inflation fell to 7.7% in 2005 - a 30-year low - but climbed to over 10% in 2008.

9 Conclusions Russia The Russian economy seems healthy because it is in the top 20 % of developed nations. It is strange that the unemployment is 6% and the people living in poverty is 16%. Turkey The Turkish economy is not healthy. The public debt is 40% and the inflation is 10%. This is bad because 20% of people live in poverty.


Download ppt "RUSSIA. GDP = 5.6% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation."

Similar presentations


Ads by Google