- Russia saw an record $239 billion in net capital outflows — i.e. assets leaving — in 2022, per a think tank.
- The outflow was four times that in 2021 and 70% more than during the GFC in 2008.
- Some of the capital likely left for neighboring countries, where some Russians have fled to.
It's not just Russians who are leaving their homeland, a large swathe of capital has also left the country following its invasion of Ukraine.