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Russia Economy
GDP:
purchasing power parity - $1.282 trillion (2003 est.)
GDP - real growth rate:
7.3% (2003 est.)
GDP - per capita:
purchasing power parity - $8,900 (2003 est.)
GDP - composition by sector:
agriculture: 5.2%
industry: 35.1%
services: 59.8% (2003 est.)
Investment (gross fixed):
18.2% of GDP (2003)
Population below poverty line:
25% (January 2003 est.)
Household income or consumption by percentage share:
lowest 10%: 5.9%
highest 10%: 47% (2001)
Distribution of family income - Gini index:
39.9 (2001)
Inflation rate (consumer prices):
13.7% (2003 est.)
Labor force:
71.68 million (2003 est.)
Labor force - by occupation:
agriculture 12.3%, industry 22.7%, services 65% (2002 est.)
Unemployment rate:
8.5% plus considerable underemployment (2003 est.)
Budget:
revenues: $83.99 billion
expenditures: $73.75 billion, including capital expenditures of NA (2003)
Public debt:
34.1% of GDP (2003)
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; 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
Industrial production growth rate:
7% (2003 est.)
Electricity - production:
915 billion kWh (2003)
Electricity - production by source:
fossil fuel: 66.3%
hydro: 17.2%
other: 0.1% (2003)
nuclear: 16.4%
Electricity - consumption:
773 billion kWh (2001)
Electricity - exports:
21.16 billion kWh (2001)
Electricity - imports:
7 billion kWh (2001)
Oil - production:
7.286 million bbl/day (2001 est.)
Oil - consumption:
2.595 million bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
51.22 billion bbl (1 January 2002)
Natural gas - production:
580.8 billion cu m (2001 est.)
Natural gas - consumption:
408.1 billion cu m (2001 est.)
Natural gas - exports:
205.4 billion cu m (2001 est.)
Natural gas - imports:
32.7 billion cu m (2001 est.)
Natural gas - proved reserves:
47.86 trillion cu m (1 January 2002)
Agriculture - products:
grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk
Current account balance:
$35.91 billion (2003)
Exports:
$134.4 billion (2003 est.)
Exports - commodities:
petroleum and petroleum products, natural gas, wood and wood products, metals, chemicals, and a wide variety of civilian and military manufactures
Exports - partners:
Germany 8.4%, Italy 6.2%, China 5.8%, Ukraine 5.7%, Belarus 5.7%, Netherlands 5.6%, Switzerland 5%, US 4.6% (2003 est.)
Imports:
$74.8 billion (2003 est.)
Imports - commodities:
machinery and equipment, consumer goods, medicines, meat, sugar, semifinished metal products
Imports - partners:
Germany 15.4%, Belarus 7.7%, China 7.4%, Ukraine 6.6%, Italy 4.9%, US 4.6%, France 4.5%, Kazakhstan 4.1%, Finland 4.1% (2003 est.)
Reserves of foreign exchange & gold:
$76.94 billion (2003)
Debt - external:
$175.9 billion (2003)
Economic aid - recipient:
in FY01 from US, $979 million (including $750 million in non-proliferation subsidies); in 2001 from EU, $200 million (2000 est.)
Currency code:
RUR
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