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.
  • realitista@lemm.eeEnglish
    7·
    4 months ago

    Sure, you can create a lot of economic activity by building a lot of stuff and blowing it up, but in the end all you get is still a bunch of rubble. Pouring most of your economy into building rubble generally doesn’t end well.

    • trafficnab@lemmy.caEnglish
      3·
      4 months ago

      Russian tank -> Ukrainian scrap metal

      Married Russian woman -> Widowed Lada owner