RUSSIA REVIEW. Russia St. Basils Cathedral (Russian Orthodox Church) Moscow, Russia.
Russia
Transcript of Russia
Russia
By: DJ and Avery
Exchange Rate
• 24,300 Russian rubles is equal to 1000 US Dollars
Imports
• Russia imports oil. From Saudi Arabia.
Exports
• Wood is exported to the Netherlands.
Exports
• They export metals to Italy.
Type of Economy
• Russia has a modern market economy• Advantages are individuals buy whatever they
want, and the people control this economy• Disadvantages are that all people may not be
attended to financially and there isnt a careful calculation of how much people should buy or sell these resources.
GDP STATS
• GDP- $2.25 Trillion• GDP per capita- $15,800• Unemployment Rate- 6.2%
Major Companies
• Rosneft is a major oil company in Russia.• As you can guess, they produce oil.• They have been in the business for 68 years as
of 2008.
Major Companies
• LUKOIL is another major company• They produce oil as well• They are newer than Rosneft and have only
been in the business for 43 years as of 2008.
Current State of the Economy
• The current state of Russia’s economy is very good.
• They have just experienced their 10th straight year of financial growth.