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Russia Contents

Contents

General Section

General Section

Infrastructure

Railways

Roads

Ports

Telecom

Energy

Power

Oil & Gas

Banking

Banking

Travel

Travel

Policies

Exim Policy

Trade

Trade

Exim

Tax Structure

Tax System

Important Contacts

Important Contacts

General Details

President Mr. Vladimir Putin
Capital Moscow
Area total area: 17,075,200 sq km
land area:16,995,800 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, timber
Irrigated land 56,000 sq km
Natural hazards Permafrost over much of Siberia is a major impediment to development; volcanic activity in the Kuril Islands; volcanoes and earthquakes on the Kamchatka Peninsula
Environment-international agreements party to - Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Antarctic Treaty, Climate Change, Endangered Species, Environmental Modification, Hazardous Wastes, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Wetlands, Whaling; signed, but not ratified - Air Pollution-Sulphur 94, Antarctic-Environmental Protocol, Biodiversity, Law of the Sea
Population & its structure 146,861,022 (Approx.)
Birth rate 9.57 births/1,000 population (approx.)
Death rate 14.89 deaths/1,000 population (approx.)
Net migration rate 2.21 migrant(s)/1,000 population (approx.)
Sex ratio at birth: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female
15-64 years: 0.93 male(s)/female
65 years and over: 0.44 male(s)/female (approx.)
Life expectancy at birth total population: 64.97 years
male: 58.61 years
female: 71.64 years (approx.)
Legislative Body bicameral Federal Assembly or Federal'noye Sobraniye consists of the Federation Council or Sovet Federatsii (178 seats, filled ex-officio by the top executive and legislative officials in each of the 89 federal administrative units-oblasts, krays, republics, autonomous okrugs and oblasts, and the federal cities of Moscow and St. Petersburg; members serve four-year terms) and the State Duma or Gosudarstvennaya Duma (450 seats, half elected in single-member districts and half elected from national party lists; members are elected by direct popular vote to serve four-year terms)
Legislative Body bicameral Federal Assembly or Federal'noye Sobraniye consists of the Federation Council or Sovet Federatsii (178 seats, filled ex-officio by the top executive and legislative officials in each of the 89 federal administrative units-oblasts, krays, republics, autonomous okrugs and oblasts, and the federal cities of Moscow and St. Petersburg; members serve four-year terms) and the State Duma or Gosudarstvennaya Duma (450 seats, half elected in single-member districts and half elected from national party lists; members are elected by direct popular vote to serve four-year terms)
Language Russian, other
Religions Russian Orthodox, Muslim, other
Literacy definition: age 15 and over can read and write
total population: 98%
male: 100%
female: 97%
Currency 1 ruble (R) = 100 kopeks
Legal System based on civil law system; judicial review of legislative acts
GDP: Purchasing Power Parity -$593.4 billion (approx.)
GDP - real growth rate -5% (approx.)                    
GDP - per capita purchasing power parity-$4,000 (approx.)
GDP - Composition by sector agriculture: 7%(approx.)
industry: 39% (approx.)
services: 54% (approx.)
Economy Overview Seven years after the collapse of the USSR, Russia is still struggling to establish a modern market economy and achieve strong economic growth. Russian GDP has contracted an estimated 43% since 1991, including a 5% drop in 1998, despite the country's wealth of natural resources, its well-educated population, and its diverse-although increasingly dilapidated-industrial base. By the end of 1997, Russia had achieved some progress. Inflation had been brought under control, the ruble was stabilized, and an ambitious privatization program had transferred thousands of enterprises to private ownership. Some important market-oriented laws were also passed, including a commercial code governing business relations and an arbitration court for resolving economic disputes. But in 1998, the Asian financial crisis swept through the country, contributing to a sharp decline in russia's earnings from oil exports and resulting in an exodus of foreign investors. Matters came to a head in August 1998 when the government allowed the ruble to fall precipitously and stopped payment on $40 billion in ruble bonds. Ongoing problems include an undeveloped legal and financial system, poor progress on restructuring the military-industrial complex, and persistently large budget deficits, largely reflecting the inability of successive governments to collect sufficient taxes. Russia's transition to a market economy has also been slowed by the growing prevalence of payment arrears and barter and by widespread corruption. The severity of Russia's economic problems is dramatized by the large annual decline in population, estimated by some observers at 800,000 people, caused by environmental hazards, the decline in health care, and the unwillingness of people to have children.
Population below poverty line 28.6% (approx.)
Household income lowest 10%: 3%
highest 10%: 22.2% (approx.)
Inflation rate (consumer prices) 84% (approx.)
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 growth rate -5.5% (approx.)
Agricultural Products grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk
Exports $71.8 billion (approx.)
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 Ukraine, Germany, US, Belarus, other Western and less developed countries
Imports $58.5 billion (approx.)
Imports-commodities machinery and equipment, consumer goods, medicines, meat, grain, sugar, semifinished metal products
Imports-partners Europe, North America, Japan, and less developed countries
Communication   
Telephones Systems 24,400,000 telephones; 20,900,000 telephones in urban areas and 3,500,000 telephones in rural areas; of these, total installed in homes 15,400,000; total pay phones for long distant calls 34,100; about 164 telephones/1,000 persons; Russia is enlisting foreign help, by means of joint ventures, to speed up the modernization of its telecommunications system; in 1992, only 661,000 new telephones were installed compared with 855,000 in 1991, and in 1992 the number of unsatisfied applications for telephones reached 11,000,000; expanded access to international E-mail service available via Sprint network; the inadequacy of Russian telecommunications is a severe handicap to the economy, especially with respect to international connections
local: NMT-450 analog cellular telephone networks are operational and growing in Moscow and St. Petersburg
intercity: intercity fiberoptic cable installation remains limited
international: international traffic is handled by an inadequate system of satellites, land lines, microwave radio relay and outdated submarine cables; this traffic passes through the international gateway switch in Moscow which carries most of the international traffic for the other countries of the Commonwealth of Independent States; a new Russian Raduga satellite will link Moscow and St. Petersburg with Rome from whence calls will be relayed to destinations in Europe and overseas; satellite earth stations - INTELSAT, Intersputnik, Eutelsat (Moscow), INMARSAT, Orbita
Radio Broadcast stations AM 1,050, FM 1,050, shortwave 1,050
Radios 48.8 million (radio receivers with multiple speaker systems for program diffusion 74,300,000)
Television broadcast station 7,183
Televisions 54.2 million
Transportation  
Railroads total
154,000 km; note - 87,000 km in common carrier service (49,000 km diesel; and 38,000 km electrified); 67,000 km serve specific industries and are not available for common carrier use
broad gauge
154,000 km 1.520-m gauge(approx)
Highways total
934,000 km (445,000 km serve specific industries or farms and are not available for common carrier use)
paved and graveled
725,000 km
unpaved
209,000 km (approx)
Inland waterways total navigable routes in general use 101,000 km; routes with navigation guides serving the Russian River Fleet 95,900 km; of which routes with night navigational aids 60,400 km; man-made navigable routes 16,900 km (approx)
Pipelines crude oil 48,000 km; petroleum products 15,000 km; natural gas 140,000 km
Ports Arkhangel'sk, Astrakhan', Kaliningrad, Kazan', Khabarovsk, Kholmsk, Krasnoyarsk, Moscow, Murmansk, Nakhodka, Nevel'sk, Novorossiysk, Petropavlovsk, St. Petersburg, Rostov, Sochi, Tuapse, Vladivostok, Volgograd, Vostochnyy, Vyborg
Merchant marine total
800 ships (1,000 GRT or over) totaling 7,295,109 GRT/10,128,579 DWT
ships by type
barge carrier 2, bulk cargo 26, cargo 424, chemical tanker 7, combination bulk 22, combination ore/oil 16, container 81, multifunction large-load carrier 3, oil tanker 111, passenger 4, passenger-cargo 5, refrigerated cargo 19, roll-on/roll-off cargo 62, short-sea passenger 16, specialized tanker 2
note
in addition, Russia owns 235 ships (1,000 GRT or over) totaling 5,084,439 DWT that operate under Maltese, Cypriot, Liberian, Panamanian, Saint Vincent and the Grenadines, Honduran, Marshall Islands, Bahamian, and Vanuatu registry
Airports total:2,517
with paved runways over 3,047 m:54
with paved runways 2,438 to 3,047 m:202
with paved runways 1,524 to 2,437 m:108
with paved runways 914 to 1,523 m:115
with paved runways under 914 m:151
with unpaved runways over 3,047 m:25
with unpaved runways 2,438 to 3,047 m:45
with unpaved runways 1,524 to 2,438 m:134
with unpaved runways 914 to 1,523 m:291
with unpaved runways under 914 m:1,392
Tax Structure Tax Structure        

 

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