Converter Russian Ruble (exchange rate RUB)

Russian Ruble

• iso 4217: RUB
• Russian Federation (Europe)

Russia Current Account to GDP

The Current Account in Russia was last reported at 5.5 percent of GDP. From 1992 until 2010, Russia's average Current Account as percent of GDP was 6.21 percent reaching an historical high of 18.00 percent in December of 2000 and a record low of -1.40 percent in December of 1992. Usually, when Russia records a strong current account, its Gross Domestic Product expands boosted by exports revenues. Also, Russia's exchange rate appreciates as investors begin to expect higher interest rates going forward. However, when Russia reports a stronger than expected current account to GDP, it may also lead to economic overheating and a general rise in prices, also known as inflation, which will make Russia's products less competitive when sold abroad. This page includes a chart with historical data for Russia's Current Account as a percent of GDP.

source: Central Bank of Russia

Russia Current Account

Russia reported a current account surplus equivalent to 42.3 Billion USD in the first quarter of 2012. Oil and gas dominate Russian exports, so Russia remains highly dependent upon the price of energy. The majority of Russia's exports are made up by raw materials and fertilizers. Russia imports mostly vehicles, machinery and equipment, plastics, medicines, iron and steel, consumer goods, meat, fruits and semi finished metal products. Its main trading partners are: European Union (Germany, Italy, France), China and Ukraine. This page includes: Russia Current Account chart, historical data and news.

source: Central Bank of Russia

Russia Government Debt To GDP

The Government Debt in Russia was last reported at 9.6 percent of the country´s GDP. From 1999 until 2010, Russia's average Government Debt to GDP was 30.00 percent reaching an historical high of 99.00 percent in December of 1999 and a record low of 7.90 percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure Russia's ability to make future payments on its debt, thus affecting Russia's borrowing costs and government bond yields. This page includes a chart with historical data for Russia's General Government Gross Debt as a percent of GDP.

source: International Monetary Fund

Russia Government Budget

Russia reported a government budget surplus equivalent to 0.8 percent of the Gross Domestic Product (GDP) in 2011. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: Russia Government Budget chart, historical data and news.

source: Ministry of Finance of the Russian Federation

Russia Industrial Production

Industrial Production in Russia expanded 1.3 percent in April of 2012. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. From 2006 until 2010, Russia's industrial production averaged 2.25 percent reaching an historical high of 12.60 percent in May of 2010 and a record low of -16.90 percent in January of 2009. This page includes: Russia Industrial Production chart, historical data and news.

source: Federal State Statistics Service

Russia Inflation Rate

The inflation rate in Russia was last reported at 3.6 percent in April of 2012. From 1991 until 2010, the average inflation rate in Russia was 175.36 percent reaching an historical high of 2333.30 percent in December of 1992 and a record low of 5.50 percent in July of 2010. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: Russia Inflation Rate chart, historical data and news.

source: Federal State Statistics Service

Russia Balance of Trade

Russia reported a trade surplus equivalent to 19.5 Billion USD in March of 2012. Metals and energy make up more than 80 percent of Russia's exports. The country is the world’s largest oil producer and the biggest exporter of natural gas, nickel and palladium. Russia imports mostly vehicles, machinery and equipment, plastics, medicines, iron and steel, consumer goods, meat, fruits and semi finished metal products. Its main trading partners are: European Union (Germany, Italy, France), China and Ukraine. This page includes: Russia Balance of Trade chart, historical data and news.

source: Central Bank of Russia

Russia Imports

Russia imports were worth 28.5 Billion USD in March of 2012. Russia imports mostly vehicles, machinery and equipment, plastics, medicines, iron and steel, consumer goods, meat, fruits and semi finished metal products. Its main import partners are: European Union countries (Germany, France, Italy), China, Ukraine, Japan and United States. This page includes: Russia Imports chart, historical data and news.

source: Central Bank of Russia

Russia Exports

Russia exports were worth 48 Billion USD in March of 2012. Metals and energy make up more than 80 percent of Russia's exports. The country is the world’s largest oil producer and the biggest exporter of natural gas, nickel and palladium. Energy sales contribute almost half of Russia’s budget revenue.The Russian fishing industry is the world's fourth-largest. Main export partners are Netherlands, Germany and Italy. This page includes: Russia Exports chart, historical data and news.

source: Central Bank of Russia

Russia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Russia expanded 4.9 percent in the first quarter of 2012 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 1995 until 2011, Russia's average annual GDP Growth was 3.31 percent reaching an historical high of 12.00 percent in December of 1999 and a record low of -10.80 percent in June of 2009. This page includes: Russia GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Russia GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: Federal State Statistics Service

Russia Consumer Confidence

In Russia, consumer confidence improved to -5 in the first quarter of 2012 from -5 in the fourth quarter of 2011. The Federal Statistics Service consumer confidence index is based on a survey of 5,000 people around Russia. The index is an arithmetical average of 5 indices: the change in the respondent's personal financial situation over the last 12 months and next 12 months, the change in the country's economic situation over the last year and in the next 12 months, and the current climate for durable goods purchase. This page includes a chart with historical data for Russia's Consumer Confidence.

source: Federal Statistics Service

Russia Annual Retail Sales

Retail Sales in Russia increased 7.3 percent in March of 2012 over the previous year. From 2006 until 2011, Russia's average Retail Sales was 8.50 percent reaching an historical high of 17.70 percent in December of 2007 and a record low of -9.80 percent in September of 2009. This page includes a chart with historical data for Russia's Retail Sales.

source: Federal Statistics Service

Russia Unemployment Rate

The unemployment rate in Russia was last reported at 6.5 percent in March of 2012. From 1999 until 2010, Russia's Unemployment Rate averaged 8.37 percent reaching an historical high of 14.60 percent in February of 1999 and a record low of 5.40 percent in May of 2008. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: Russia Unemployment Rate chart, historical data and news.

source: Federal State Statistics Service

Russia GDP Growth Rate

The Gross Domestic Product (GDP) in Russia expanded 1.8 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 2003 until 2011, Russia's average quarterly GDP Growth was 1.22 percent reaching an historical high of 3.20 percent in December of 2006 and a record low of -4.20 percent in December of 2008. The Russian economy is commodity-driven. Payments from the fuel and energy sector in the form of customs duties and taxes accounted for nearly half of the federal budget's revenues. However, during the past decade, poverty and unemployment declined steadily and the middle class continued to expand. This page includes: Russia GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Russia GDP Annual Growth Rate, which measures growth over a full economic year.

source: Rosstat

Russia Interest Rate

The benchmark interest rate in Russia was last reported at 8 percent. In Russia, interest rate decisions are taken by the Central Bank of the Russian Federation. The official interest rate is the refinancing rate, which is seen as a ceiling for borrowing money and a benchmark for calculating tax payments. From 1991 until 2010, Russia's average interest rate was 55.34 percent reaching an historical high of 210.00 percent in October of 1993 and a record low of 7.75 percent in June of 2010. This page includes: Russia Interest Rate chart, historical data and news.

source: Central Bank of Russia

Russia Retail Sales

Retail Sales in Russia declined 0.4 percent in February of 2012 over the previous month. From 2011 until 2011, Russia's average Retail Sales was 1.20 percent reaching an historical high of 2.80 percent in October of 2011 and a record low of -0.40 percent in September of 2011. This page includes a chart with historical data for Russia's Retail Sales.

source: Federal Statistics Service

Russia GDP per capita

The GDP per capita in Russia was last reported at 2923 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Russia standed at 2808 US dollars in December of 2009. The GDP per capita in Russia is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1989 until 2010, Russia's average GDP Per Capita was 2188.90 dollars reaching an historical high of 3043.67 dollars in December of 2008 and a record low of 1510.54 dollars in December of 1998. This page includes a chart with historical data for Russia's GDP Per Capita.

source: World Bank

Russia GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in Russia was last reported at 19840 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in Russia standed at 18878 US dollars in December of 2009. The GDP per capita PPP in Russia is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1989 until 2010, Russia's average GDP per capita PPP was 10245.68 dollars reaching an historical high of 20276.16 dollars in December of 2008 and a record low of 6256.08 dollars in December of 1998. This page includes a chart with historical data for Russia's GDP per capita PPP.

source: World Bank

Russia Population

The total population in Russia was last reported at 142.9 million people in 2010 from 119.9 million in 1960, changing 19 percent during the last 50 years. Russia has 2.07 percent of the world´s total population which means that one person in every 48 people on the planet is a resident of Russia. This page includes a chart with historical data for Russia's Total Population.

source: World Bank

datas from tradingeconomics.com

21 May 2012 ► Converter Russian Ruble ► Free online currency conversion based on exchange rates. Currency converter