|
| Country | Russia |
| Width | 250 |
| Currency | Russian ruble (RUB) |
| Year | calendar year |
| Organs | CIS, APEC, EURASEC, G-20, G8 and others |
| Rank | 10th (nominal) / 6th (PPP) |
| Gdp | $1.465 trillion (2010) (nominal; 10th)
$2.222 trillion (2010) (PPP; 6th) |
| Growth | 4.9% (2011 est.) |
| Per Capita | $10,521 (2010) (nominal; 54th)
$15,807 (2010) (PPP; 51st) |
| Sectors | agriculture: (4%), industry (36.8%), services (59.1%) (2010 est.) |
| Inflation | 6.7% (2010 est.) |
| Poverty | 13 % (2010 est.) |
| Labor | 75.55 million (2010 est.) |
| Edbr | 123rd |
| Occupations | agriculture (10%), industry (31.9%), services (58.1%) (2008) |
| Unemployment | 6.7% (November 2010 est.) |
| Average Net Salary | 700 $, monthly (2010) |
| Industries | complete range of mining and extractive industries producing coal, oil, gas, chemicals, and metals; all forms of machine building from rolling mills to high-performance aircraft and space vehicles; defense industries including radar, missile production, and advanced electronic components, shipbuilding; road and rail transportation equipment; communications equipment; agricultural machinery, tractors, and construction equipment; electric power generating and transmitting equipment; medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts |
| Exports | $376.7 billion (2010 est.) |
| Export-goods | petroleum and petroleum products, natural gas, metals, wood and wood products, chemicals, and a wide variety of civilian and military manufactures |
| Export-partners | Netherlands 10.62%, Italy 6.46%, Germany 6.24%, China 5.69%, Turkey 4.3%, Ukraine 4.01% (2009) |
| Imports | $237.3 billion (2010 est.) |
| Import-goods | machinery, vehicles, pharmaceutical products, plastic, semi-finished metal products, meat, fruits and nuts, optical and medical instruments, iron, steel |
| Import-partners | Germany 14.39%, China 13.98%, Ukraine 5.48%, Italy 4.84%, US 4.46% (2009) |
| Debt | 9.5% of GDP (2010 est.) |
| Gross External Debt | $471.6 billion (2010 est.) |
| Revenue | $202.7 billion (2009 est.) |
| Expenses | $301.4 billion (2009 est.) |
| Reserves | US$502.496 billion (April 2011) |
| Credit | *Standard & Poor's:
BBB+ (Domestic)
BBB (Foreign)
BBB (T&C Assessment)
Outlook: Stable
*Moody's:
Baa1
Outlook: Stable
*Fitch:
BBB
Outlook: Positive |
| Cianame | rs |
| Spelling | Oxford |
|
|
The economy of Russia is the eleventh largest economy in the world by nominal value and the sixth largest by purchasing power parity (PPP). Russia has an abundance of natural gas, oil, coal, and precious metals. It is also rich in agriculture. Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally planned economy to a more market-based and globally integrated economy. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. Nonetheless, the rapid privatization process, including a much criticized "loans-for-shares" scheme that turned over major state-owned firms to politically connected "oligarchs", has left equity ownership highly concentrated. As of 2011, Russia's capital, Moscow, now has the highest billionaire population of any city in the world.
In late 2008 and early 2009, Russia experienced the first recession after 10 years of rising economy, until the stable growth resumed in late 2009 and 2010. Despite the deep but brief recession, the economy has not been as seriously affected by the global financial crisis compared to much of Europe, largely because of the integration of short-term macroeconomic policies that helped the economy survive.
|
|
|
RSS