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- 0.7%Russia’s gross domestic product (GDP) dropped by 2.1% in 20221. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%)1. In the third quarter of 2023, Russia’s gross domestic product expanded by 5.5% from the previous year, beating market expectations of a 4.8% expansion and accelerating from the 4.9% growth in the previous three-month period2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.It is estimated that in 2022, Russia’s gross domestic product (GDP) dropped by 2.1%. Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).www.consilium.europa.eu/en/infographics/impact-s…Russia’s gross domestic product expanded by 5.5% from the previous year in the third quarter of 2023, beating market expectations of a 4.8% expansion and accelerating from the 4.9% growth in the previous three-month period, preliminary estimates showed.tradingeconomics.com/russia/gdp-growth-annual
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