What? How is having all your industrial infrastructure destroyed and 20 million of young, able-bodied males killed an advantage?
What does it matter, if 90% of the population lived in near complete destitution?
The economy crashed after the revolution
I can’t find any evidence that there was any economic significance to that war aside from loss of the fleet and human life. Bruised imperial egos for sure and likely contributing to an image of a week government, but I’m hard pressed to see how it could have had any impact on the industrial output of the country.
Well-known events like the Potemkin mutiny may be dismissed as not impacting industrial output, but there was a large-scale general strike which actually lead to "1905 revolution" [0]. The loss to Japan was of course only a partial factor, with bigger contributor being the overall economic downturn of early 1900's.
There were some direct impacts from this revolution. There was large-scale unrest in Kingdom of Poland (the Russian-held part of partitioned Poland). Finland (then a Grand Duchy in the Russian empire) abolished Diet of Finland in favour of a new Parliament of Finland, with universal suffrage for both men and women. And in mainland Russia, the absolute monarchy was abolished in favour of a parliamentary monarchy.
However, this was too late for the Russian empire to recover.
GNP:
They went from the second smallest economy in 1890 to the biggest in 1913 (imperials). The economy crashed after the revolution and bad economic experiments and then rebounded. Russia was late to the industrial revolution so a lot of that growth was just it kicking in, along with the Soviets removing anyone that got in the way. Hard to say how much can be attributed to either.They were holding their own late into WWI and actually had an agreement to obtain Istanbul, which the Bolsheviks revoked (hard to fault them) along with all that they gave up in the separate treaty with the Germans. Imagine them sticking it out to 1918 with gains from being on the allies and the revolution averted. They would have been as well positioned as anyone in Europe.