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Russia

Profound changes have taken place in Russia's economy in the past decade as the government tries to wean the country off near-total dependence on commodity exports. Boom-and-bust economic cycles in the rest of the world cause severe problems for Moscow. However, an average 7 per cent annual GDP growth since Russia's 1998 economic crisis brought about the development of a middle class and a significant rise in disposable incomes. Although the 2008-2009 world financial crisis hit hard, Russia's economy turned around in mid-2009 to record positive growth. Read more

Products and services

Russia
30 May 2010 From revolution to evolution
30 May 2010 A signature loan
17 May 2010 A question of confidence

The Purchasing Managers Index (PMI) is an indicator for economic activity. It reflects the percentage of purchasing managers surveyed in a particular economic sector who reported better business conditions than in the previous month. A PMI over 50 indicates that the economy is expanding while anything below 50 means that the economy is contracting.

PMI Reports

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Brazil Manufacturing (Brazilian Portugese)

Brazil Services (English)

Brazil Services (Brazilian Portuguese)

China Manufacturing (English)

China Manufacturing (Chinese)

China Services (English)

China Services (Chinese)

Czech Manufacturing (English)

Czech Manufacturing (Czech)

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Hong Kong Total Economy (English)

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India Manufacturing (English)

India Services (English)

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Polish Manufacturing (Polish)

Russian Manufacturing (English)

Russian Manufacturing (Russian)

Russian Services (English)

Russian Services (Russian)

Saudi Arabia (English)

Saudi Arabia (Arabic)

South Korean Manufacturing (English)

South Korean Manufacturing (Korean)

Taiwan Manufacturing (English)

Taiwan Manufacturing (Taiwanese)

Turkey Manufacturing (English)

Turkey Manufacturing (Turkish)

UAE (English)

UAE (Arabic)

PMI Press Releases

Brazil Manufacturing (English)

Brazil Manufacturing (Brazilian Portugese)

Brazil Services (English)

Brazil Services (Brazilian Portuguese)

China Manufacturing (English)

China Manufacturing (Chinese)

China Services (English)

China Services (Chinese)

Czech Manufacturing (English)

Czech Manufacturing (Czech)

HongKong Manufacturing (English)

HongKong Manufacturing (Chinese)

HongKong Services (English)

Hong Kong Services (Chinese)

Hong Kong Total Economy (English)

Hong Kong Total Economy (Chinese)

India Manufacturing (English)

India Services (English)

Polish Manufacturing (English)

Polish Manufacturing (Polish)

Russian Manufacturing (English)

Russian Manufacturing (Russian)

Russian Services (English)

Russian Services (Russian)

Saudi Arabia (English)

Saudi Arabia (Arabic)

South Korean Manufacturing (English)

South Korean Manufacturing (Korean)

Taiwan Manufacturing (English)

Taiwan Manufacturing (Taiwanese)

Turkey Manufacturing (English)

Turkey Manufacturing (Turkish)

UAE (English)

UAE (Arabic)

Russia at a glance

Full name: Russian Federation

Capital: Moscow

Area: 17,075,200 sq km (6,592,771 sq mi)

Population: 139.4 million (July 2010 est)

Median age: 38.5

Urban population: 73% (2008)

Literacy: 99.40%

GDP (official exchange rate): USD2.116 trillion (2009 est)

Labour force: 75.81 million (2009 est)

Unemployment: 8.9% (2009 est)

Monetary unit: (RUB) ruble

Exports: USD295.6 billion (2009 est)

Export commodities: petroleum and petroleum products, natural gas, grain, wood and wood products, metals, chemicals, and a wide variety of civilian and military manufactures

Imports: USD196.8 billion (2009 est)

Import commodities: vehicles, machinery and equipment, plastics, medicines, iron and steel, consumer goods, meat, fruits and nuts, semi-finished metal products

Sources: HSBC and UN Statistics

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