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submitted 4 months ago by cyu@sh.itjust.works to c/worldnews@lemmy.ml
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[-] yogthos@lemmy.ml 1 points 4 months ago* (last edited 4 months ago)

Russia—moved from the upper-middle-income to the high-income category:

Economic activity in Russia was influenced by a large increase in military related activity in 2023, while growth was also boosted by a rebound in trade (+6.8%), the financial sector (+8.7%), and construction (+6.6%). These factors led to increases in both real (3.6%) and nominal (10.9%) GDP, and Russia’s Atlas GNI per capita grew by 11.2%.

https://blogs.worldbank.org/en/opendata/world-bank-country-classifications-by-income-level-for-2024-2025-ja

I’ve found it’s pretty good matching up with predictions.

If you bother going back through the videos in the channel, then it's pretty obviously not matching up with how things developed.

this post was submitted on 09 Jul 2024
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