Russia will grow faster than the US and all other advanced economies this year, the IMF says
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Russia's economy is predicted to grow by 3.2% in 2024, outpacing all advanced economies, including the US, the IMF said. The growth rate has been linked to high investment and robust private consumption. The IMF expects the momentum to fade in 2025, with Russia growing at a rate of 1.8%. Russia's resilience against Western sanctions is attributed to its alliance with China and strong energy exports. Moscow has been accruing funds from fleeing foreign companies, seizing $387 million as of mid-March. Trade volume between Russia and China surged to a record $240 billion last year.

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https://www.businessinsider.com/russia-economy-grows-faster-than-all-advanced-economies-imf-2024-4