[lbo-talk] Rich-poor gap widening in Russia

Chris Doss itschris13 at hotmail.com
Sun Jul 20 06:18:32 PDT 2003


Last post per day.
>
>That "thirty million Russians, or one in five in a country of 145 million,
>survive
>on less than $2 dollars a day" is perhaps misleading? What are the PPP
>based
>average wage levels?
>
>Ulhas

(PS. what is India's PPP?)

Russia Economy - 2002 http://www.greekorthodoxchurch.org/wfb2002/russia/russia_economy.html SOURCE: 2002 CIA WORLD FACTBOOK

GDP purchasing power parity - $1.2 trillion (2001 est.)

GDP - real growth rate 5.2% (2001 est.)

GDP - per capita purchasing power parity - $8,300 (2001 est.)

GDP - composition by sector agriculture: 7% industry: 37% services: 56% (2000 est.)

Population below poverty line 40% (1999 est.)

Household income or consumption by percentage share lowest 10%: 2.4% highest 10%: 33.5% (2001 est.)

Distribution of family income - Gini index 39.9 (2000)

Inflation rate (consumer prices) 21.9% (2001 est.)

Labor force 71.3 million (2001 est.)

Labor force - by occupation agriculture 10.8%, industry 27.8%, services 61.4% (2001 est.)

Unemployment rate 8.7% (2001 est.), plus considerable underemployment

Budget revenues: $45 billion expenditures: $43 billion, including capital expenditures of $NA (2001 est.)

Industries complete range of mining and extractive industries producing coal, oil, gas, chemicals, and metals; all forms of machine building from rolling mills to high-performance aircraft and space vehicles; shipbuilding; road and rail transportation equipment; communications equipment; agricultural machinery, tractors, and construction equipment; electric power generating and transmitting equipment; medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts

Industrial production growth rate 5.2% (2001 est.)

Electricity - production 835.572 billion kWh (2000)

Electricity - production by source fossil fuel: 66.14% hydro: 18.89% other: 0.31% (2000) nuclear: 14.66%

Electricity - consumption 767.082 billion kWh (2000)

Electricity - exports 18 billion kWh (2000)

Electricity - imports 8 billion kWh (2000)

Agriculture - products grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk

Exports $103.3 billion (2001 est.)

Exports - commodities petroleum and petroleum products, natural gas, wood and wood products, metals, chemicals, and a wide variety of civilian and military manufactures

Exports - partners Germany 9.0%, US 7.2%, Italy 7.0%, Belarus 5.4%, China 5.1%, Ukraine 4.9%, Netherlands (2000)

Imports $51.7 billion (2001 est.)

Imports - commodities machinery and equipment, consumer goods, medicines, meat, grain, sugar, semifinished metal products

Imports - partners Germany 11.5%, Belarus 11.1%, Ukraine 10.8%, US 8.0%, Kazakhstan 6.5%, Italy 3.6% (2000)

Debt - external $157 billion (2001 est.)

Economic aid - recipient $8.523 billion (1995)

Currency Russian ruble (RUR)

Currency code RUR

Exchange rates Russian rubles per US dollar - 30.4669 (January 2002), 29.1685 (2001), 28.1292 (2000), 24.6199 (1999), 9.7051 (1998), 5,785 (1997) note: the post-1 January 1998 ruble is equal to 1,000 of the pre-1 January 1998 rubles

Fiscal year calendar year

NOTE: The information regarding Russia on this page is re-published from the 2002 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Russia Economy 2002 information contained here. All suggestions for corrections of any errors about Russia Economy 2002 should be addressed to the CIA.

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