Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
  • Russia’s economy, boosted by military activity, is now classified as high-income by the World Bank.
  • Russia’s GDP grew 3.6% in 2023, with trade and financial sectors rebounding.
  • The World Bank also upgraded Bulgaria and Palau, while the West Bank and Gaza were downgraded.
  • slaacaa@lemmy.worldEnglish
    403·
    10 months ago

    Great, let’s help Russia with more sanctions for an even better GDP growth

    • snaggenEnglish
      191·
      10 months ago

      Well, not sure an inflation, twice the size of the GDP is positive for a country…