In the first quarter of 2024, Russia’s GDP surged by an impressive 5.4%. In contrast, the US economy grew by 1.6%, the European Union hovered around 0%, and even China only achieved a 5.3% increase.

Critics attempt to attribute this growth solely to increased production in armaments. However, retail turnover increased by 10.5%, paid services to the population by 5.4%, and construction by 3.5%. Unemployment dropped to 2.7%, and real wages rose by 10.8%. All these figures are adjusted for inflation.

Despite sanctions, expectations of a collapse in Russia’s economy and potential widespread hunger have proven unfounded.

* Editor’s note:: Emphasis was placed on significant economic figures and comparisons to highlight Russia’s economic performance relative to other major economies.