Russia’s economy has not collapsed under Western sanctions, but it has suffered. The country’s GDP is predicted to have dropped 3.4% in 2022, according to the IMF.
Russia’s GDP
Percent change per year
6%
3
0
-2.3%
-3
-3.4%
Prediction
-6
2018
’20
’22
’24
’26
Russia’s inflation rate
Percent change per year
15%
13.8%
12
9
6
5%
3
Prediction
0
2018
’20
’22
’24
’26
Moscow Exchange Index
3,500
Feb. 28, 2022
Moscow Exchange closed
3,000
2,500
2,000
1,500
Feb. 24
2022
May 19
Aug. 18
Nov. 17
Feb. 16
2023
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Russia’s GDP
Percent change per year
6%
3
0
-2.3%
-3
-3.4%
Prediction
-6
2018
’20
’22
’24
’26
Russia’s inflation rate
Percent change per year
15%
13.8%
12
9
6
5%
3
Prediction
0
2018
’20
’22
’24
’26
Moscow Exchange Index
3,500
Feb. 28, 2022
Moscow Exchange closed
3,000
2,500
2,000
1,500
Feb. 24
2022
Aug. 18
Feb. 16
2023
Russia’s GDP
Percent change per year
Russia’s inflation rate
Percent change per year
6%
15%
13.8%
12
3
9
0
6
5%
-2.3%
-3
3
-3.4%
Prediction
Prediction
-6
0
2018
’20
’22
’24
’26
2018
’20
’22
’24
’26
Moscow Exchange Index
3,500
Feb. 28, 2022
Moscow Exchange closed
3,000
2,500
2,000
1,500
Feb. 24
2022
May 19
Aug. 18
Nov. 17
Feb. 16
2023