FACTBOX: Facts about Russia

Thu Feb 28, 2008 1:48pm EST
 
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(Reuters) - Here are some facts about Russia, which holds a presidential election on Sunday.

ECONOMY:

Nominal GDP (2007) - 32.99 trillion roubles ($1.363 trillion). In 1999, nominal GDP was less than $200 billion.

Economic growth forecast (2008) - 6.6 percent.

Economic growth (2007) - 8.1 percent.

Inflation (2007) - 11.9 percent.

President Vladimir Putin has presided over the Russia's longest economic boom for a generation, helped by soaring prices for Russia's main exports -- oil, gas and commodities.

A consumer boom inside Russia has boosted growth in recent years, though the government has found it hard to bring down inflation. Corruption remains widespread.

Russia is the world's biggest gas producer, the second largest oil exporter and one of the top producers of aluminum, steel, palladium and nickel.  Continued...

 

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