Macroeconomical Facts - Russian Federation

Within these page, FML intends to show some brief economical basis data regarding economical situation for the Russian Federation. These data base is update from time to time.

 

FML collectes these data from relevant sources as mentioned.

 

Nevertheless - for any enterpreneural decission, we recommend our partners to investigate within own responsibility.

So far, our fact-sheet should give first indications.

Development GDP and Industrial Production (Y2001 till Y2010)

GDP Growth Rate (in%) from 01/2007 till 06/2011

Fitch Ratings will probably upgrade Russia’s credit score this year if the economy continues to expand and the budget deficit and inflation remain in check. Bonds gained the most in two weeks.

“I think we will see all these trends and if they are in line with our positive expectations, then it is highly probable that there will be an upgrade this year,” Vladimir Redkin, who oversees Russia’s rating at Fitch, said in an interview in Moscow.

Fitch last changed its score for Russia in February 2009, cutting it one step to BBB, the second-lowest investment grade. It put Russia on “watch positive,” indicating optimism, last September and will probably issue a new rating this September, Redkin said. Standard & Poor’s ranks Russia the same as Fitch, while Moody’s Investors Service rates the country one level higher at Baa1, the same as Ireland.

 

The economy of the world’s biggest energy exporter expanded 3.7 percent in the first 11 months of last year and probably meet the full-year target of 3.8 percent growth, Economy Minister Elvira Nabiulina said last month. GDP growth is set to reach an annual 4.2 percent this year, according to government forecasts.

 

Source: Bloomberg, 21.01.2011

Import to Russia by Regions

Growth of Imports from EU from 29% (Y2000) to 38% (Y2009)

EU as most relevant Import-Partner, followed by China - from 2%
(Y2000) to 12% (Y2009)

back