3 ms·
>Russia's economy hasn't expanded much in real terms in the last 30 years Russian GDP has dropped since 2014 due to sanctions. If you look at prior to sanction
by Bendingo 9y ago
>Russia's economy hasn't expanded much in real terms in the last 30 years
Russian GDP has dropped since 2014 due to sanctions.
If you look at prior to sanctions, growth is more impressive.
From [1]:
GDP (USD billion) 1990 2014
---------------------------------
UK 1093 2999
India 317 2035
Russia 517 2064
Recent growth is much stronger [2] [3].
[1] https://www.google.com.au/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=country:RUS:IND:GBR&hl=en&dl=en https://www.google.com.au/publicdata/explore?ds=d5bncppjof8f...
[2] https://www.reuters.com/article/us-russia-gdp/russias-gdp-growth-exceeds-2-percent-in-third-quarter-economy-minister-idUSKBN1CJ0IV https://www.reuters.com/article/us-russia-gdp/russias-gdp-gr...
[3] https://www.focus-economics.com/countries/russia/news/gdp/economy-gains-momentum-in-q2 https://www.focus-economics.com/countries/russia/news/gdp/ec...