Russia

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Russia By: DJ and

Transcript of Russia

Page 1: Russia

Russia

By: DJ and Avery

Page 2: Russia

Exchange Rate

• 24,300 Russian rubles is equal to 1000 US Dollars

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Exports

• Wood is exported to the Netherlands.

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Exports

• They export metals to Italy.

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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.

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GDP STATS

• GDP- $2.25 Trillion• GDP per capita- $15,800• Unemployment Rate- 6.2%

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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.

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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.