World Bank Elevates Russia to High-Income Status Amid War Economy

Despite Western sanctions, Russia's economy grows driven by military activity and increased trade.

Russia's gross national income per capita rose by 11%, according to the World Bank.
Economic growth was fueled by military-related activities and a rebound in trade.
Financial and construction sectors also saw significant growth, boosting real GDP by 3.6%.
Sanctions have not deterred Russia's economic resilience, raising questions about their effectiveness.
Ukraine also saw economic improvement, moving to upper-middle-income status.