The lack of free speech laws means its impossible to accurately determine whether the reported figures are accurate, since the government can just censor what they don't like. So no, I (and I imagine most conservatives) don't accept that conclusion.
oh ok, well if were in the conspiracy zone then you just have to accept that actually they have a 1 million times greater economy, because no figures can be trusted.
Facetiousness aside, the censorship laws in the EU are around hate speech like flying Nazi symbology, not laws that let them silence people reporting economic numbers.