We forecast annual average growth in 2022 of -15% for Russia. This growth rate compares the average level of GDP in 2022 to that in 2021, so the implied GDP drop is far deeper at near 30% (dots). Russia's GDP goes back to early 2000 levels. Two decades of growth go up in smoke... pic.twitter.com/YvsEggtBMj— Robin Brooks (@RobinBrooksIIF) March 9, 2022
We forecast annual average growth in 2022 of -15% for Russia. This growth rate compares the average level of GDP in 2022 to that in 2021, so the implied GDP drop is far deeper at near 30% (dots). Russia's GDP goes back to early 2000 levels. Two decades of growth go up in smoke... pic.twitter.com/YvsEggtBMj
