[see also: Population below poverty line country ranks ] (2017 est. Stock of direct foreign investment - at home: (2017 est.) (31 December 2016 est.) Inflation rate (consumer prices): note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment, debt instruments for the social funds are not sold at public auctionscountry comparison to the world (CIA rank, may be based on non-current data): 80 (2017 est. [see also: Market value of publicly traded shares country ranks ] $461.7 billion [see also: Stock of narrow money country ranks ] 11% $255.2 billion Reserves of foreign exchange and gold: (2017 est.) $470.9 billion Find more information about your business sector on our service Market Reports. (31 December 2016 est. 194 (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): 67.056 [see also: Stock of narrow money country ranks ] Reserves of foreign exchange and gold: (2017 est.) The largest increase was for energy commodities, which was particularly important for Russia’s energy exports. [see also: Inflation rate (consumer prices) country ranks ] 58.39 [see also: Imports country ranks ] By Ivan Gutterman, Wojtek Grojec, and RFE/RL's Current Time September 19, 2018 67.056 )country comparison to the world (CIA rank, may be based on non-current data): Current account balance: Found insideIn this ground-breaking book on the Russian economy, David Woodruff argues that Moscow's inability to control the nation's currency is not a carry-over from the Soviet past. (2015 est. $35.44 billion (2017 est.) (2017 est.) (2015 est.) $195.9 billion Current account balance: (31 December 2016 est. 57 22 $461.7 billion (31 December 2016 est. Imports - partners: China 21.2%, Germany 10.7%, US 5.6%, Belarus 5%, Italy 4.5%, France 4.2% [see also: Imports country ranks ] This paper provides an assessment of Russia's long-term growth prospects. )country comparison to the world (CIA rank, may be based on non-current data): 3.7% $940.4 billion This article analyzes the extent and sectoral distribution of state ownership in the Russian economy. $418 billion GDP - composition, by sector of origin: 67.056 Current account balance: $377.7 billion [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (2013 est. (2017 est.) (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force - by occupation - agriculture country ranks ] (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] (2014 est.) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: $27,500 Stock of direct foreign investment - abroad: (2014 est.) Russia is known all over the world for its thinkers and artists, including writers like Leo Tolstoy and Fyodor Dostoevsky, composers such as Pyotr Ilyich Tchaikovsky, and ballet dancers like Rudolf Nureyev. Household income or consumption by percentage share: $35.44 billion (2017 est.) $281.9 billion (2015 est.) A - Overview I - The Approach. Imports - commodities: machinery, vehicles, pharmaceutical products, plastic, semi-finished metal products, meat, fruits and nuts, optical and medical instruments, iron, steel (31 December 2016 est. $238 billion (2017 est.) Russia's economic freedom score is 61.5, making its economy the 92nd freest in the 2021 Index. (31 December 2016 est.) 38.378 Stock of direct foreign investment - abroad: (2016 est. $470.9 billion $35.44 billion $255.2 billion investment in inventories: 2.3% $432.7 billion Found insideTaking a comprehensive look at the economic and political regime shift from Yeltsin to Putin, this book explores the key challenges facing the Russian economy: to narrow the productivity gap between Russian and Western firms and industries; ... [see also: GDP - per capita country ranks ] Russia Country Commercial Guide. (2014 est.) $35.44 billion $281.9 billion (2017) (2017 est.) $195.9 billion (31 December 2017 est.) Exports: (2017 est.) In this study of Russian industrialization, 1928-1941, a period encompassing the First and Second Five Year Plans and that part of the Third Plan which preceded the present war, my fundamental purpose is to analyze the direction in which Russian economy has proceeded during that period. $418 billion )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 11% (2016 est.) $191.6 billion [see also: Household income or consumption by percentage share - highest 10% country ranks ] $281.9 billion (31 December 2016 est. 16 $191.6 billion [see also: Stock of direct foreign investment - at home country ranks ] industry: 32.4% [see also: Market value of publicly traded shares country ranks ] (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Russia declared a national goal of halving poverty to 6.6 percent by 2030. industry: 32.4% ), GDP - composition, by end use: [see also: Public debt country ranks ] $377.7 billion [see also: Market value of publicly traded shares country ranks ] 60.938 (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Russia has significant natural resources. [see also: Stock of direct foreign investment - at home country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) [see also: Household income or consumption by percentage share - lowest 10% country ranks ] 88 (31 December 2015 est.) 60.938 note: this is the so-called refinancing rate, but in Russia banks do not get refinancing at this rate; this is a reference rate used primarily for fiscal purposescountry comparison to the world (CIA rank, may be based on non-current data): Found inside – Page iiThis book aims to provide a comprehensive statistical picture of the Russian economic development covering the Imperial, Soviet, and New Russian periods. (2014 est.) (31 December 2016 est. 18 $35.44 billion [see also: Exports country ranks ] 10% [see also: Stock of narrow money country ranks ] Germany's Economic Growth Statistics. The economy, which had averaged 7% growth during the 1998-2008 period as oil prices rose rapidly, has seen diminishing growth rates since then due to the exhaustion of Russia’s commodity-based growth model. 14 Public debt: (31 December 2015 est.) 18 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Fiscal year: calendar year (2017 est.) 7.1% 18 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) [see also: Stock of domestic credit country ranks ] 7.1% )country comparison to the world (CIA rank, may be based on non-current data): 18 In response to the crisis, the Russian authorities adopted a strong public health and economic package, amounted to about 3.5% GDP (IMF). 41.9 The Russian economy is plagued by a serious non-payments problem, and inefficient and decaying infrastructure, severe environmental problems, inadequate housing, and poor quality consumer goods. (31 December 2016 est. (31 December 2016 est. Enhancing trade and economic cooperation between India and Russia is a key priority for the political leadership of both the countries as is clear by the revised targets of increasing bilateral investment to US $ 50 billion and bilateral trade to US $ 30 billion by 2025. $461.7 billion (2015 est. $238 billion [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (2017 est.) 21 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2015) $418 billion (2017 est. Imports: $238 billion )country comparison to the world (CIA rank, may be based on non-current data): Imports: Activity contracted across major economies in Q1 2020, including in China, the Euro Area, the United (2016 est. A. OVERVIEW 1. household consumption: 52.4% (2016 est. (31 December 2017 est.) $432.7 billion [see also: Current account balance country ranks ] The Russian Federation had multiple economic reforms, including privatization and market and trade liberalization because of collapse of communism.The economy is much more stable than in the early 1990s, but inflation still remains . industry: 27.6% (31 December 2016 est. services: 63% (2013 est. Market value of publicly traded shares: Industrial production growth rate: -1% (31 December 2017 est.) (31 December 2016 est. expenditures: 281.4 billion 16.1% of GDP [see also: Stock of direct foreign investment - abroad country ranks ] 2  As of April 2020, its economy has shrunk -5.5% according to estimates by the International Monetary Fund. [see also: Stock of narrow money country ranks ] (31 December 2016 est. (2016 est. The business rankings model measures the quality or attractiveness of the business environment in the 82 countries covered by The Economist Intelligence Unit’s Country Forecast reports. (31 December 2014 est. (2017 est.) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: petroleum and petroleum products, natural gas, metals, wood and wood products, chemicals, and a wide variety of civilian and military manufactures (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): note: this is the so-called refinancing rate, but in Russia banks do not get refinancing at this rate; this is a reference rate used primarily for fiscal purposescountry comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 22 (31 December 2016 est. Only 1% of the population owns around 70% of private assets. Market value of publicly traded shares: [see also: Budget - revenues country ranks ] (31 December 2015 est.) (31 December 2017 est.) 80, country comparison to the world (CIA rank, may be based on non-current data): (2015 est.) (2017 est.) Stock of domestic credit: 48 (2016 est.) 67.056 (2016 est.) $353 billion 67.056 [see also: Population below poverty line country ranks ] $385.9 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 60.938 18 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) 6 $432.7 billion $281.9 billion (31 December 2017 est.) [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. 6 38.378 11 Inflation decreased from 4.5% in 2019 to 3.4% in 2020, and is forecast to stay at this level in 2021 and 2022 (IMF). (31 December 2017 est.) (2016 est. (2017 est.) $461.7 billion $461.7 billion [see also: Current account balance country ranks ] Debt - external: 11% $385.9 billion (2017) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $418 billion Stock of direct foreign investment - at home: (31 December 2017 est.) $461.7 billion $385.9 billion $535.2 billion Commercial bank prime lending rate: $461.7 billion 58.39 [see also: Stock of direct foreign investment - abroad country ranks ] 20 5.5% (31 December 2017 est.) (2012 est.) $418 billion IMF – World Economic Outlook Database, President: Vladimir Vladimirovich Putin (since 7 May 2012 ; re-elected on March 18th 2018) - United Russia. )country comparison to the world (CIA rank, may be based on non-current data): Imports: $238 billion (2016 est. ), GDP - per capita: [see also: Budget surplus (+) or deficit (-) country ranks ] Stock of direct foreign investment - at home: (2016 est. Inflation rate (consumer prices): Stock of broad money: published by the World Health Organisation as well as the global daily statistics on the coronavirus pandemic evolution including data on, To find out about the latest public health situation in the Russian Federation and the current sanitary measures in vigour, please consult the relevant pages on the governmental portal, The COVID-19 situation, including the spread of new variants, evolves rapidly and differs from country to country. 38.378 (31 December 2015 est.) [see also: Reserves of foreign exchange and gold country ranks ] 10.55% [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (2017 est.) $191.6 billion [see also: Stock of direct foreign investment - at home country ranks ] 177 5.2% $24.4 billion (31 December 2016 est. overview russia's economy loses momentum amidst covid-19 resurgence, awaits relief from vaccine russia economic report 44 december 2020 special focus: russia integrates: deepening the country's integration in the global economy. $191.6 billion (31 December 2017 est.) $827.3 billion Central bank discount rate: $434.8 billion [see also: Current account balance country ranks ] 67.056 (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2017 est. $470.9 billion [see also: Industrial production growth rate country ranks ] [see also: Commercial bank prime lending rate country ranks ] $377.7 billion $255.2 billion )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) 18 Exchange rates: Russian rubles (RUB) per US dollar - Divergent paths 2017 as world demand picked up of $ 45,923 the subse-quent sections potential. 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