Russia's War Economy: A House of Cards Built on Borrowed Time As the war in Ukraine enters its fifth year, Vladimir Putin's regime has managed to defy expectations by delivering a respectable growth rate.
However, beneath this façade lies a more disturbing picture. The economy is struggling to sustain itself, with rising bankruptcies and financial strain.
Recent figures show that despite Western sanctions, Russia's economy grew by 4. 9% in 2024, with unemployment plummeting to record lows.