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Why is Russia’s GDP per capita lower than Poland, Czechia, Romania, Latvia …

February 14, 2021 By Opinion.org Leave a Comment

Something is rotten in Russia. Why is Russia’s GDP per capita is lower than Poland, Latvia, Lithuania, Estonia, Slovakia, etc? Russia is the largest country on Earth by territory, boasting immense natural resources and educated workforce. Yet Russia’s GDP falls behind its neighbors in Eastern Europe not having any significant natural resources. The answer is rather obvious – Putin’s kleptocracy does not work. Well, it works for him and his cronies but it does not for the rest of population.

Russia GDP per capita in 2019 – $11,585
Poland GDP per capita in 2019 – $15,692
Latvia GDP per capita in 2019 – $17,828
Lithuania GDP per capita in 2019 – $19,601
Estonia GDP per capita in 2019 – $23,723
Slovakia GDP per capita in 2019 – $19,266
Czechia GDP per capita in 2019 – $23,494
Romania GDP per capita in 2019 – $12,919
Data source: World Bank

Who sold Russia to whom?

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