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Over the past months, Russian crude has been trading at an average $10 discount compared to benchmark Brent oil prices, and natural gas prices returned largely to depressed pre-war levels, as we ...
The economy of Russia is much more stable today than in the early 1990s, but inflation still remains an issue. Historically and currently, the Russian economy has differed sharply from major developed economies because of its weak legal system, underdevelopment of modern economic activities, technological backwardness, and lower living ...
Tyumen Oblast has largest GRDP per capita in Russia of around US$ 54,000 while Ingushetia has lowest of around US$ 2,000. [1] In 2022 Moscow GRDP per capita reached US$ 32,000 while Saint Petersburg stood at US$ 29,000. [1] Federal subjects of Russia by GRDP per capita in EUR (2021) Federal subjects of Russia by GRDP per capita in RUB (2022) [1]
The Russian economy risked going into recession from early 2014, mainly due to falling oil prices, sanctions, and the subsequent capital flight. [143] While in 2014 GDP growth remained positive at 0.6%, [144] in 2015 the Russian economy shrunk by 3.7% and was expected to shrink further in 2016. [145]
In a separate report this month, the bank projected that GDP would slow down sharply next year. Though Russia's economy has prospered under its wartime boom, sanctions, production-output ...
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a European economist estimates. Russia's economy faces 'near stagnation' with sanctions whittling down ...
This article is a list of Russian federal subjects by Gross regional domestic product (GRDP). Top 10 Russian federal subjects by largest GDP Russian GDP divided into 2 equal parts. 50% of Russian economy is concentrated in only 10% of Russian area or only 2 federal districts (which together contain nearly half of Russia's population).
Unemployment is at a record-low 2.9%, with hundreds of thousands of people having fled Russia or joined the military in the past two years. According to Rosstat, Russia's labour productivity index ...