Russia FlagRussia

A Man Is Judged By His Deeds, Not By His Words.

 

General


Population: 142,470,272 (2014), 142,500,482 (2013)
Land Area: 17,075,200 sq km
Natural Resources: Oil, natural gas, coal, strategic minerals, timber
Capital: Moscow
Political System: Federation
State Leader: Vladimir Putin (May 7th 2012)
Head of Government: Dmitriy Medvedev (May 8th 2012)
Languages: Russian, Minority languages
Currency: Russian Ruble (RUB)
Major Religions: Russian Orthodox 12-20%, Muslim 10-15%, Other Christian 2%, None 63%-76%
Major Ethnicities: Russian 79.8%, Tatar 3.8%, Ukrainian 2%, Bashkir 1.2%, Chuvash 1.1%, Other and Unspecified 12.1%
Life Expectancy: 70.16 years (2014), 69.85 years (2013)

Economy


GDP Official Exchange Rate: 2.113 trillion (2013), 2.022 trillion (2012)
GDP Purchasing Power Parity: 2.553 trillion (2013), 2.555 trillion (2012)
GDP Per Capita (PPP): 18,100 (2013), 18,000 (2012)
GDP Growth Rate: 1.3% (2013), 3.4% (2012)
GDP Structure: Agriculture 4.2%, Industry 37.5%, Services 58.3% (2013)
Labour Force By Occupation: Agriculture 9.7%, Industry 27.8%, Services 62.5% (2012)
Industries: Mining and extractive industries, oil, gas, chemicals, coal, metals, machine building: rolling mills, high-performance aircraft, space vehicles, defense industries: radar, missile production, and advanced electronic components, shipbuilding, road and rail transportation equipment, communications equipment, agricultural machinery, tractors, construction equipment, electric power generating and transmitting equipment, medical and scientific instruments, consumer durables, textiles, foodstuffs, handicrafts
Agriculture Products: Grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk
Human Development Index: 0.778 (58th)(2014), 0.788 (55th)(2013)
Tourism Revenue: 6.958 billion (2004)
Unemployment Rate: 5.5% (2013), 5.7% (2012)

MilitaryRussia Map


Army Size: 1 037 000 (2004)
Budget: 3.9% of GDP (2005)

Current Situation

 

Russia is located partly in Europe and partly in Asia. It is bordered by Azerbaijan, Belarus, China, Estonia, Finland, Georgia, Kazakhstan, North Korea, Latvia, Lithuania, Mongolia, Norway, Poland and Ukraine. Russia's economy suffered greatly coming out of the gate after the collapse of the Soviet Union, but since 2000 it has been posting some solid growth and healthy surpluses. Russia's wealth comes from large deposits of natural gas, oil and other basic resources. Russia promises to invest over 1 trillion dollars into its infrastructure by 2020, and also vows to bolster its armed forces, with new ships, aircraft, equipment and large investments in technology.

(2014) Russia has made international headlines in 2014 for all of the wrong reasons and this will severely impact its economy. First off Russia annexed the Crimea from Ukraine and also is actively supporting rebels in Ukraine's eastern regions which put it at odds with Western powers who have imposed economic sanctions on Russia. The sanctions imposed by the West by themselves would not be enough to stop Russia however the price of oil Russia's main export and source of government revenue has collapsed in late 2014 to about half of its value within a few months, this will severely limit government revenues and will force Russia to tone down its ambitions.

Thoughts & Comments

 

Sources

CIA World Factbook: Russia
The Economist: The World In 2014
Wikipedia: Russia
http://hdrstats.undp.org/en/countries/profiles/RUS.html

Updated on: December 14th, 2014