After four-and-a-half years of full-scale war with Ukraine, Russia has become a two-tier economy.
"If you are lucky and you're employed by a tank production company, then everything's good. Otherwise, you are probably facing problems," Alex Kolyandr, director for Europe at consulting firm Eurasia Group, told CNBC.
Russia's wartime economy has been brought into sharper focus in recent weeks by Ukraine's long-range drone attacks on oil refineries and delivery warehouses.
Though it has defied expectations and is even growing slowly, according to recent data, analysts say this masks problems, such as the Kremlin's reliance on military spending, higher taxes and subsidized bank lending.
