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A Rosneft petrol station.
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The economic crisis that struck all post-Soviet countries in the 1990s was nearly twice as intense as the Great Depression in the countries of Western Europe and the United States in the 1930s.195196 Even before the financial crisis of 1998, Russia's GDP was half.
The federal budget has run surpluses since 2001 and ended 2007 with a surplus of 6 of GDP.The average salary in Russia was 1640 per month in early 2008, up from 80 in 2000.198 Approximately.14 of Russians lived below the national poverty line in 2007,199 significantly down from 40 in 1998 at the worst of the post-Soviet collapse.91 Unemployment in Russia was.Permalink, raw Message, economy, main article: Economy of Russia, russian economy since the end of the Soviet Union.Growth was primarily driven by non-traded services and goods for the domestic market, as opposed to oil or mineral extraction and exports.26.Despite the country's strong economic performance since 1999, however, the World Bank lists several challenges facing the Russian economy including its diversification, encouraging the growth of small and medium enterprises, building human capital and improving corporate governance.212 Another problem is modernisation of infrastructure, ageing and.PPP the 6th largest in the world, with GDP growing.1 from the previous year.Nevertheless, the middle class has grown from just 8 million persons in 2000 to 55 million persons in 2006.211 Over the last five years, fixed sök kvinna från moers capital investments have averaged real gains greater than 10 per year and personal incomes have achieved real gains more than.Despite higher energy prices, oil and gas only contribute.7 of Russia's GDP and the government predicts this will drop.7 by 2011.202 Russia is also considered well ahead of most other resource-rich countries in its economic development, with a long tradition.
Oil export earnings have allowed Russia to increase its foreign reserves from 212 billion in 1999 to 897.3 billion on, the third largest reserves in the world.209.
Oil, natural gas, metals, and timber account for more than 80 of Russian exports abroad., however, exports of natural resources started decreasing in economic importance as the internal market strengthened considerably.Per maggiori informazioni For more info).The economic development of the country though has been uneven geographically with the Moscow region contributing a disproportionately high amount of the country's GDP.210 Much of Russia, especially indigenous and rural communities in Siberia, lags significantly behind.In 2007, Russia's GDP was.076 trillion (est.The country ended 2007 with its ninth straight year of growth, averaging 17 annually since 1998.This ranks it as the country with the second most attractive personal tax system for single managers in the world after the United Arab Emirates.206207.Over the past several years, Russia has used oil revenues from its Stabilization Fund of the Russian Federation to prepay most of its formerly massive debts,208 leaving it with one of the lowest foreign debts among major economies.A simpler, more streamlined tax code adopted in 2001 reduced the tax burden on people, and dramatically increased state revenue.205 Russia has a flat personal income tax rate of 13 percent.