Changes

On March 25, 2024, the Bank of Finland Institute For Emerging Economies indicated with a note of caution regarding their forecast due to Russia publishing less publically available economic data during the war in Ukraine: "Russian economic growth will decelerate this year. High growth of the second half of 2023 is still sufficient to boost on-year growth this year to around 2 %, even if quarterly growth were to cease altogether in 2024. In the absence of a surprising event, the Russian economy in 2025 and 2026 should grow at around 1 % a year, close to its long-term potential growth rate."<ref>[BOFIT Forecast for Russia 2024–2026], Bank of Finland Institute For Emerging Economies, 25 March 2024</ref>
According to Forbes magazine: "A [[Goldilocks economy]] is an economy that is experiencing “just right” levels of growth. It’s not too hot to suffer runaway [[inflation]], but not so cold that unemployment spikes... Goldilocks economies are believed to have [[Gross domestic product|GDP ]] growth around 2-3% annually.<ref>[https://www.forbes.com/sites/qai/2022/09/09/not-too-hot-not-too-cold-are-we-in-a-goldilocks-economy/?sh=73a6e4af5fae Not Too Hot, Not Too Cold: Are We In A Goldilocks Economy?], Forbes, 2022</ref>
There are other notable factors mentioned above which could make the above long-term forecast worse such as China's financial difficulties causing it to buy less Russian oil in the future and Russia being less able to produce oil post 2035 (See: [[Essay: Russia's economy and gas and oil profits will be BADLY damaged when China's economy declines|Russia's economy and gas and oil profits will be BADLY damaged when China's economy declines]] and [[Essay: Russian oil: Lower future production/profits due to future higher extraction costs and other inefficiencies|Russian oil: Lower future production/profits due to future higher extraction costs and other inefficiencies]]).