this post was submitted on 09 Jul 2024
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[–] [email protected] 0 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