You know this ain't true, for the very simple reason that had it been so Australia and Spain would have leapfrogged over Russia in terms of Nominal GDP. We know that isn't the case.Well yes, but the GDP is more or less at zero growth and the population is still dwindling. In practical terms Russia's nominal GDP has been stagnant in the last decade. Considering how the current government operates, no real change in this is expected.
But there's another interesting aspect to this. Russia still has a big shadow economy whilst Spain and Australia don't, which in turn, actually makes Russia's numbers even bigger than the official ones.
And yes.. Russia is corrupt. That's not news to anybody.