Purchase Power Parity only works domestically. Once you venture out in the world, things cost what they cost, no matter how little your populace makes.

[–] freagle@lemmygrad.ml 5 points 8 months ago

How much do things cost when you have favorable trade relations with the most productive manufacturing in the world (BRICS)?

[–] ExotiqueMatter@lemmygrad.ml 2 points 8 months ago* (last edited 8 months ago)

They can't import much anyway because of the sanctions, nor do they really need to anymore now that russian companies have taken over the shares of russian market of foreign companies who left, so even if you were correct about this it wouldn't be a big issue for them.

[–] slaacaa@lemmy.world -3 points 8 months ago* (last edited 8 months ago)

It makes zero sense, but of course tankies will be happy to parade it around. The are well after the 50th in GDP per capita PPP, and probably much lower if would look at actual consumption. In total GDP, outside of top 10