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Bloomberg: Russia loses over $30 billion of its GDP since the start of all-out invasion.

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Russia has lost more than $30 billion of its annual gross domestic product, Bloomberg reports, while the country’s output has already fallen by about 2%, which rivals the decline in 2020. Its full-year GDP is expected to slump by about 9% in 2022.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The Kyiv Independent's Chris York speaks with Adam Entous, an investigative reporter at The New York Times, about his new investigation into the first year of U.S. President Donald Trump administration's peace efforts to end Russia's war against Ukraine.

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