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Google Is Now Worth More Than the Entire Russian Stock Market

1 minute read
By Justin Worland

Google is now more valuable than the entire Russian stock market. Russia’s stock market is now worth $325 billion while Google is valued at more than $340 billion, according to Bloomberg.

The news comes as Russia’s currency, the ruble, continues to stumble under pressure from declining oil prices and western sanctions. Russia’s gold reserves have also declined to their lowest point since 2009.

Google joins an elite list of companies, including Exxon Mobile, Microsoft and Apple, worth more than the entire Russian market.

PHOTOS: Inside Google’s New York City Office

A subway themed conference room where Googlers can video conference with other Google offices around the world.
A subway themed conference room where Googlers can video conference with other Google offices around the world.Eric Laignel—Google
A lounge and workspace in Google's Chelsea Market office where employees can get together for a meeting or relax on a lounge chair.
A lounge and workspace in Google's Chelsea Market office where employees can get together for a meeting or relax on a lounge chair.Eric Laignel—Google
Steel slides connect Google's two story lounge.
Steel slides connect Google's two story lounge.Eric Laignel—Google
A green themed micro kitchen emphasizes Google's commitment to sustainability.
A green themed micro kitchen emphasizes Google's commitment to sustainability.Eric Laignel—Google
Google's apartment themed conference room for those looking to “work from home” at work.
Google's apartment themed conference room for those looking to “work from home” at work.Eric Laignel—Google
Google's build-your-own desks that allow employees to completely customize their workspaces.
Google's build-your-own desks that allow employees to completely customize their workspaces.Eric Laignel—Google
Water tower seating in Google's aptly named Water Tower Cafe, one of five cafes at Google's New York offices that serve free food.
Water tower seating in Google's aptly named Water Tower Cafe, one of five cafes at Google's New York offices that serve free food.Eric Laignel—Google
The Broadway themed conference rooms on Google's New York City-themed floor.
The Broadway themed conference rooms on Google's New York City-themed floor.Eric Laignel—Google
A bookcase turns to reveal one of three "secret rooms" in Google's library.
A bookcase turns to reveal one of three "secret rooms" in Google's library.Eric Laignel—Google
Google New York's library, complete with books donated by employees.
Google New York's library, complete with books donated by employees.Eric Laignel—Google
The Google bridge across 16th street in New York City.
The Google bridge across 16th street in New York City.Eric Laignel—Google

Read next: Leaked Sony Emails Reveal How Much Movie Studios Hate Google

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Write to Justin Worland at justin.worland@time.com