Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'

www.businessinsider.com

Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'

www.businessinsider.com

@MicroWave to

World NewsEnglish • 6 months ago

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.

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