Since Russia invaded Ukraine, Russia's GDP is up 5%, while that of Ukraine is down 26% : EconomyCharts

Redditors: Russian gdp smaller than Italian, sanctions will destroy Russian gdp

No Redditors:

Go read a fricking book.

GDP measures economic activity, says nothing about the health of a country. The U.S spends a trillion on the military a year, that goes into GDP too. Build a house, blow it up, build it again, that's two houses into the GDP.

This also proves that west is betabuxxing. Ukraine just doesn't have the money to pay 3k minimum a month to around million soldiers when their gdp per capita is 5k and their money is unfrozen despite they promised to keep it frozen chosen

https://kyivindependent.com/hryvnia-rate-to-remain-frozen-until-martial-law-ends/

West also trying to limit Ukrainian printing machine

Because Ukraine is already more or less bankrupt and doesn't have that big of a war industry

Thing is if Russia went from Summy and Chernihov Ukrainian wouldn't given much frick. Those are poor regions so despite majority folks in Donbas don't like Ukraine, Ukraine can't let them go since Ukraine in such case will never be able to rebuild it self since Donbas holds 50% of Ukrainian resources and shit tons of factories.

Russia has an Inflation rate of above 9%.

Therefore, the real GDP shrunk.

*21%

The interest rates of the central bank are at 21%. Inflation is around 9% according to Statista.

You do know that these published numbers are always real GDP growth, right? I've never seen a nominal GDP growth comparison chart in my life.

That's why I love Redditors they most of times have no idea what they are talking about and can keep it going for years. Like at this point they should had learned interest and inflation is not the same but nope, then they still claim memorandum is an treaty

For a better understanding you sohuld look at the underlying components of GDP. I think that the higher government investments in the military count towards GDP.

He could also count all the new people Russia got as refugees and the resources Russian captured

If the rouble loses value, so that everything becomes more expensive then GDP obviously goes up. Has this been adjusted for inflation and devaluation of the rouble?

OP just shows that he lacks basic understanding of economy. Russia controls the capitals flows, while Ukraines currency is free-flowing. While every ruble Russia consumes from its welfare fund / sate credits to war industry etc. in the war is counted towards the GDP, this is not a sustainable investment. Ukrainian weapon systems are however not predominantly produced in Ukraine, therefore do not increase the GDP. While Ukraine is doing okish for their current siutation, the Russian economic data looks horrible. They are for sure going into a stagflationary period unless they take extreme measures. That being said, countries like N.K. have shown to what length a facist regime is able to go if they do not care about their people.

Another genius

To get into stagflation you need high unemployment, Russia is importing even African now since they don't have enough hands available.

Like dude talk about other having low economical understanding and dropping "stagflation"

PPP or nominal?

Guy goes to another dimension to cope

blahblahblah

The second issue: it's Russia under heavy sanctions, personally I'd take their numbers with a heavy grain of salt.

Finally someone started coping with sanctions.

In 2022 I wrote this:

You going to your local shop to buy breed by shop keeper tells you he ain't going to sell you he is sanctioning you because you left his daughter pregnant.

It suck for you, tomorrow you going to buy your breed in another shop.

That's what sanctions are, their effect is instantly batter now decades Iran economy and NK economy learned to live under them and evade them.

This how a year ago they coped

Russia's great egg shortage is one consequence of this suddenly warped economy. The price of eggs has risen 40% in a year, prompting complaints on social media and one meme in which a man on bended knee offers his beloved a box of eggs instead of a ring. She declines, saying it's much too expensive.

Russian economy is doomed because of the eggs

6 months ago this time sanctions for real will hit Russian economy

But reality was always that Russia expected sanctions and even now Russia knows better than the west how to sanction Russia so they are working on plan b

Also found this gold

So Redditors didn't need to know that Russian economy is growing. His source is some r-slur professor from Scandinavia and article from November that says Russia won't have growth.

During the worst case for Russia, China would back them out. Somehow it was acceptable in 2022 to think that China won't stay on side. But now after all the game changers and billions pumped into Ukraine we don't want to think about this element

Literally getting results from 2022