Russia Economy Collapse 2024. Inflation expected to end 2024 at. Overall, expenditure is planned to reach 36.6 trillion rubles ($401bn) in 2024 (a 26.2% annual rise.) this spending frenzy is funded partly by oil revenue, which western.

In 2024 defence spending will almost double, to 6% of gdp—its highest since the collapse of the soviet union. Defying our earlier forecast, the capital stock and private consumption grew more rapidly than.