in terms of GDP, Russia rose from 11th to 9th place in the world over the year
So the internets is telling me Russia is the largest country in the world (by a lot). And they have more resources than any other country (by a lot). So...why are they barely cracking the top 10 in countries by GDP?
In Russia, the service sector is underdeveloped, which in developed countries gives up to 70-80% of GDP. Also in Russia, the habit of living in debt is less developed, which also negatively affects the absolute figures of GDP, but is favorable for a healthier structure of the economy.