The head of the Russian Direct Investment Fund noted the growth of the Russian economy in comparison with the EU and the UK

Russia's gross domestic product (GDP) is growing faster than that of the United Kingdom and the European Union (EU). This was announced on March 3 by Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), on the social network X (ex. Twitter).

"In order to ensure lasting peace, decisions must be based on accurate data, and misconceptions must be corrected,— he wrote.

Dmitriev provided a graph of data on GDP growth, unemployment, and government debt. Thus, Russia's GDP increased by 4.1% in 2024, which is significantly higher than in the EU (0.9%) and the UK (0.8%).

In addition, the unemployment rate of the United Kingdom was 4.4%, and that of the European Union was 5.9% in December last year. At the same time, this indicator was significantly lower in Russia — 2.3%.

Also, the government debt of the Russian Federation for the third quarter of 2024 amounted to 14.5%, while the EU — 81.6%, and the UK — 97.2%.

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Putin and Mishustin discussed increasing real incomes of Russians and reducing inflation

February 18, Associate Professor of the Department of Economic Policy and Economic Measurements of GUU Maxim Chirkov said that the approaching debt crisis in Europe could become a serious challenge for the region's economies. The high level of government debt, rising interest rates on it, and ill-conceived economic policies create the prerequisites for financial collapse.

In January, the President of the Russian Federation Vladimir Putin said that the past 2024 was enough successful for the Russian economy. He said that the country's federal budget deficit amounted to 1.7% of GDP and this corresponds to the calculations that were included in the draft prepared for 2025-2027.