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The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009.
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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).
Analysts had expected that Russia's GDP would begin to rise in 1996, but data for the first six months of the year showed a continuing decline, and some Russian experts predicted a new phase of economic crisis in the second half of the year. The pain of the restructuring has been assuaged somewhat by the emergence of a new private sector.
English: The GDP of Russia since 1989. Figures in international dollars adjusted for both purchasing power and inflation at 2013 prices. Figures of 2014 - 2016 based ...
While the government has poured an estimated 2.75 to 3 trillion rubles (equivalent to 1.4-1.6% of Russia's expected GDP in 2024) into payments for soldiers, the wounded, and families of the ...
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 ...
The share of oil and gas in Russia's exports (about 50%) and federal budget revenues (about 50%) is large, and the dynamics of Russia's GDP are highly dependent on oil and gas prices, [220] but the share in GDP is much less than 50%. According to the first such comprehensive assessment published by the Russian statistics agency Rosstat in 2021 ...