Economy of the USSR

ebook Economy in countries, Book 208 · Economy in countries

By Ivan Kushnir

cover image of Economy of the USSR

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This book about the economy of the USSR from the 1970s to the 1980s. Source data from UN Data.

Size. In the 1980s, the GDP of the USSR was equal to $887.0 billion per year; the value of agriculture was $125.8 billion; the value of industry was $305.7 billion. Since the share in the world is between 1% and 10%, the country is classified as a regional leader.

Productivity. In the 1980s, the GDP per capita was $3 222.9, the value of agriculture per capita was $457.2, the value of industry per capita was $1 110.8. Since the productivity is between the average and the average of above average, the economy is classified as developed.

Growth. In the 1980s, the growth of GDP was 4.3%; the growth of agriculture was 2.8%; the growth of industry was 5.3%.

Structure. In the 1980s, the economy of the USSR included: industry (34.5%), services (26.1%), agriculture (14.2%), trade (12.7%), construction (8.1%), and transportation (4.4%).

Economy of the USSR