Lewes, DE -- (SBWIRE) -- 12/18/2017 -- As per International Monetary Fund (IMF) Russia's nominal gross domestic product is expected to grow at a CAGR of 5.44% from it's 2015 level of RUB 83232.60 billion and reach RUB 120621.653 billion by 2022.

Russia, also officially known as the Russian Federation, is a country situated in northern Eurasia. It is a federal semi-presidential republic. From northwest to southeast, Russia shares land borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea. It shares maritime borders with Japan by the Sea of Okhotsk and the US State of Alaska across the Bering Strait. At 17,075,400 square km or 6,592,800 square miles, Russia is the largest country in the world, which covers more than 1/8th of the Earth's inhabited land area.

Russia had population of 143.44 million in the year 2016 and expected to reach 142.351 million by 2022. Russias unemployment rate was 5.508% of total labor force in 2016, which is further expected to decline at a CAGR of 0.19 and reach 5.5% by 2022.

Russias real gross domestic product (GDP) was around RUB 61097.50 billions in 2016 whereas the nominal GDP was RUB 85880.60 billions. This resulted in GDP deflator 140.563. Per capita GDP was USD 8928.70 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 26489.82.

In 2016, Russian governments revenue was RUB 27746.72 billions whereas the expenditure was RUB 30888.76 billions. This resulted Russian governments net lending / borrowing negative at RUB 3142.05 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Russia was USD 22.202 billions for the year 2016 and is expected to grow at a CAGR of 2.01% and reach USD 79.298 by 2022. This positive current account balance indicates the Russia is net lender to the whole world.

Scope of the Russia PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Russia.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Russia.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Russia.
- These reports provide risk analysis for Russia.

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