Russia

Country Summary

Introduction

Background

Founded in the 12th century, the Principality of Muscovy was able to emerge from over 200 years of Mongol domination and to gradually conquer and absorb surrounding principalities. In the early 17th century, Russia continued this policy of expansion across Siberia to the Pacific. Communists under Vladimir LENIN seized power soon after the 1917 revolution and formed the USSR. December 1991 saw dissolution of the USSR into Russia and 14 other independent states.

Geography

Area

total: 17,098,242 sq km
land: 16,377,742 sq km
water: 720,500 sq km

Climate

ranges from steppes in the south through humid continental in much of European Russia; subarctic in Siberia to tundra climate in the polar north; winters vary from cool along Black Sea coast to frigid in Siberia; summers vary from warm in the steppes to cool along Arctic coast

Natural resources

wide natural resource base including major deposits of oil, natural gas, coal, and many strategic minerals, bauxite, reserves of rare earth elements, timber; note - formidable obstacles of climate, terrain, and distance hinder exploitation of natural resources

People and Society

Population

141,698,923 (2023 est.)

Ethnic groups

Russian 77.7%, Tatar 3.7%, Ukrainian 1.4%, Bashkir 1.1%, Chuvash 1%, Chechen 1%, other 10.2%, unspecified 3.9% (2010 est.)

Languages

Russian (official) 85.7%, Tatar 3.2%, Chechen 1%, other 10.1%; note - data represent native language spoken (2010 est.)

Religions

Russian Orthodox 15-20%, Muslim 10-15%, other Christian 2% (2006 est.)

Population growth rate

-0.48% (2023 est.)

Government

Government type

semi-presidential federation

Capital

name: Moscow

Executive branch

chief of state: President Vladimir Vladimirovich PUTIN (since 7 May 2012); no vice president position
head of government: Premier Mikhail Vladimirovich MISHUSTIN (since 16 January 2020); First Deputy Premier Andrey Removich BELOUSOV (since 21 January 2020); Deputy Premiers Yuriy TRUTNEV (since 31 August 2013), Tatiana Alekseyevna GOLIKOVA (since 18 May 2018), Dmitriy Yuriyevich GRIGORENKO, Viktoriya Valeriyevna ABRAMCHENKO, Aleksey Logvinovich OVERCHUK, Marat Shakirzyanovich KHUSNULLIN, Dmitriy Nikolayevich CHERNYSHENKO (all since 21 January 2020), Aleksandr NOVAK (since 10 November 2020), Denis Valentinovich MANTUROV (since 15 July 2022)

Legislative branch

description: bicameral Federal Assembly or Federalnoye Sobraniye consists of:
Federation Council or Sovet Federatsii (170 seats statutory, 169 as of April 2023; 2 members in each of the 83 federal administrative units (see note below) - oblasts, krays, republics, autonomous okrugs and oblasts, and federal cities of Moscow and Saint Petersburg - appointed by the top executive and legislative officials; members serve 4-year terms)
State Duma or Gosudarstvennaya Duma (450 seats (see note below); as of February 2014, the electoral system reverted to a mixed electoral system for the 2016 election, in which one-half of the members are directly elected by simple majority vote and one-half directly elected by proportional representation vote; members serve 5-year terms)

Economy

Economic overview

natural resource-rich Eurasian economy; leading energy exporter to Europe and Asia; decreased oil export reliance; endemic corruption, Ukrainian invasion, and lack of green infrastructure limit investment and have led to sanctions

Real GDP (purchasing power parity)

$4.027 trillion (2022 est.)
$4.078 trillion (2021 est.)
$3.893 trillion (2020 est.)

Real GDP per capita

$27,500 (2022 est.)
$28,000 (2021 est.)
$26,600 (2020 est.)

Agricultural products

wheat, sugar beets, milk, potatoes, barley, sunflower seed, maize, poultry, oats, soybeans

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, 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

$631.551 billion (2022 est.)
$550.035 billion (2021 est.)
$381.49 billion (2020 est.)

Exports - partners

China 15%, Netherlands 8%, United States 6%, United Kingdom 5%, Italy 5% (2021)

Exports - commodities

crude petroleum, refined petroleum, natural gas, coal, wheat, iron (2019)

Imports

$349.175 billion (2022 est.)
$379.947 billion (2021 est.)
$304.837 billion (2020 est.)

Imports - partners

China 25%, Germany 12%, Belarus 6%, South Korea 4%, Poland 3% (2021)

Imports - commodities

cars and vehicle parts, packaged medicines, broadcasting equipment, aircraft, computers (2019)

Exchange rates

Russian rubles (RUB) per US dollar -
Exchange rates:
73.654 (2021 est.)
72.105 (2020 est.)
64.738 (2019 est.)
62.668 (2018 est.)
58.343 (2017 est.)


Page last updated: Tuesday, February 20, 2024