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Line 505:
Line 505: + − Russia is the largest [[economy]] in [[Europe]], and 4th largest in the world. −
→Economy
==Economy==
==Economy==
{{See also|Russian sanctions}}
{{See also|Russian sanctions}}
Russia is the largest [[economy]] in [[Europe]], and 4th largest in the world.
===GDP===
===GDP===
[[File:179883BC-C0A6-4255-A274-6DBFB48EB586.jpeg|right|300px|thumb|]]
[[File:179883BC-C0A6-4255-A274-6DBFB48EB586.jpeg|right|300px|thumb|]]
Russian [[GDP]] nominally rose more than any [[G7]] country in 2023. The average Russian household ended the year with about 18% more money in the [[bank]] than a year earlier. Sberbank, Russia’s largest state-controlled bank, posted a 5.5-fold year-on-year net profit jump to a record high of 1.5 trillion rubles (USD $16.3 billion). The defense industry employs 3.5 million people and many factories have doubled their workforce since the beginning of the [[SMO]].
Russian [[GDP]] nominally rose more than any [[G7]] country in 2023. The average Russian household ended the year with about 18% more money in the [[bank]] than a year earlier. Sberbank, Russia’s largest state-controlled bank, posted a 5.5-fold year-on-year net profit jump to a record high of 1.5 trillion rubles (USD $16.3 billion). The defense industry employs 3.5 million people and many factories have doubled their workforce since the beginning of the [[SMO]].