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Russia vs European Economy: Nominal & PPP GDP In 2025

Last Updated: April 1, 2025 1 Comment

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Russia vs South West Europe GDP

The map above shows that Russia’s nominal GDP (according to the IMF) in 2025 $2.2 Trillion. This makes it the world’s 11th largest.

Or put another way, it is roughly the same as the GDP of Spain ($1.8 Trillion), Portugal ($320 Billion) and Andorra ($4 Billion) put together.

However, Russia has 146 million people compared to a combined 60 million in Spain (49 million), Portugal (10.6 million) and Andorra (87k).

And the map below shows how many Russia sized economies there are in Europe:

Russia vs European Nominal GDP 2025

Russia vs European Nominal GDP 2025

First of all Germany ($4.9 Trillion), UK ($3.7 Trillion), France ($3.3 Trillion) and Italy ($2.5 Trillion) each have nominal GDPs greater than Russia’s.

On top of that the following blocks also have similar sized economies, around $2.2 Trillion:

South-west Europe:

  • Spain
  • Portugal
  • Andorra

Balkans

  • Turkey
  • Greece
  • Bulgaria
  • Serbia
  • North Macedonia
  • Albania
  • Bosnia & Herzegovina
  • Croatia
  • Slovenia

Neo-Scandinavia  

  • Sweden
  • Denmark
  • Norway
  • Iceland
  • Ireland

Former Russian Orbit

  • Ukraine
  • Moldova
  • Romania
  • Slovakia
  • Poland
  • Lithuania
  • Latvia
  • Estonia
  • Finland

Austria-Hungary 2.0 

  • Austria
  • Hungary
  • Czech Republic
  • Switzerland

Benelux & The Micro-States 

  • Netherlands
  • Belgium
  • Luxembourg
  • Cyprus
  • Malta
  • Liechtenstein
  • Monaco
  • San Marino

However, there is so objection to using Nominal GDP, since this is just the value of a country’s economy translated into US dollars at current market exchange rates. This does not reflect the true cost of living in a country.

Therefore, some economists use PPP $, or Purchasing Power Parity which is an attempt to better reflect how far your money goes in a given country.

On that basis, Russia’s economy goes from the 11th largest to the 4th largest according to the IMF. At $7.1 Trillion this makes it bigger than any single other European economy.

Russia vs European PPP GDP 2025

Russia vs European PPP GDP 2025

However, even on this basis there are 6 Blocks with economies as big or bigger than Russia based on PPP $.

They are:

Germanium 

  • Germany
  • Belgium

Black Sea & Friends

  • Turkey
  • Georgia
  • Ukraine
  • Moldova
  • Romania
  • Bulgaria
  • Greece
  • Cyprus
  • Czech Republic
  • Slovakia
  • Iceland

Adriatic Group 

  • Italy
  • San Marino
  • Switzerland
  • Lichtenstein
  • Austria
  • Hungary
  • Slovenia
  • Croatia
  • Bosnia & Herzegovina
  • Serbia
  • Albania
  • North Macedonia
  • Malta
  • Portugal
  • Luxembourg
  • Andorra
  • Monaco

United Kingdom Of Norway, Netherlands & Ireland (Note slightly larger than Russia’s GDP)

  • UK
  • Norway
  • Netherlands
  • Ireland

The Once & Future Bourbons (Again larger in GDP than Russia)

  • France
  • Spain

Finally you have the remaining countries of Poland, Lithuania, Latvia, Estonia, Finland, Sweden and Denmark who collectively have combined GDP of around $4.0 Trillion.

Surprised?

Filed Under: Europe

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Comments

  1. Fernando Gonçalves says

    January 23, 2026 at 4:55 pm

    • What’s the point of this?
    As my young grand-daughter keeps saying: “a nuke will wipe-out everyone. We Humans are stupid and We will get rid of E-V-E-R-Y-O-N-E. No one will be left. Let’s just keep dealing with each other as if to-day is the last day. We all need to remember that our current leaders are in this for themselves!”

    Reply

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