The IMF predicts that Russia's share of world GDP will fall to a historic low.

Contrary to Putin's promises, the Russian economy will grow more slowly than the world economy over the next five years and will continue to lose its share of global GDP. This is the forecast of the International Monetary Fund in the April block of macroeconomic projections.

According to the IMF, by the end of 2023 the Russian Federation will account for 2.94% of the world's production of goods and services. Every year this share will decrease and in 2029 it will reach only 2.7%. This will be the lowest in the entire modern history of the country - lower than the low point of 1998, when Russia's share in the world GDP fell to 2.83% due to the default.

As for Russia's GDP, the IMF predicts a slowdown in growth rates to 1.8% in 2025 and only 1.3% in 2029.