Russia
Russia's vast geography is an important determinant of its economic activity, with some sources estimating that Russia contains over 35 percent of the world's natural resources (oil, natural gas, coal, strategic minerals and timber). Russia has an abundance of oil, natural gas and precious metals, which make up a major share of Russia's exports. Russia has a large and sophisticated arms industry, capable of designing and manufacturing high-tech military equipment. Top military exports from Russia include combat aircraft, air defence systems, ships and submarines.

Descreptive Data

Unemployment, %4.8
Ages 15-24 Population Ratio, %29.945
Population Over 65, %19.5
Net Migration Rate799998
EIU Country Risk Score48
Fitch Sovereign RatingBBB-
S&P Sovereign RatingBBB-
Moody's Sovereign RatingBa1
Big Mac Index2.09

Economic Data

2015201620172018
Ability to Pay
Budget Surplus/def (%GDP)
Currency Reserves ex Gold (BLN USD)320318356
GDP per Capita (USD)952189461095610951
GDP Value (BLN USD)1369126715211640
Real GDP YOY%-3.7%-0.2%1.5%
Reserves 1Y Chg (%)-5.8%-0.7%12%
Total External Debt (%GDP)9.4%10%17%
Total External Debt (BLN USD)129127265
Inflation (Risk)
CPI (yoy %)16%7.1%3.7%
Trade Balance
Current Account (% of GDP)5.1%1.9%2.1%
Exports (BLN USD)346298372
Imports (BLN USD)182182226
Unemployment Rate
Unemployment (%)5.8%5.4%5.1%4.8%

Financial Data

2015201620172018
Credit Market (Risk)
10Y Bond Spread (10Y UST)9.68.47.58.7
5Y CDS309231128153
Equity & Banking Sector (Risk)
1Y Price Change (%) (INDEXCF Index)26%27%-5.5%12%
EIU Banking Risk615454
Foreign Exchange (Risk)
3 Month Deposit (%)11%9.5%6.9%7.7%
FX Vol - 3M Implied Vol20151014
Historical 3M Volatility2017911
Real Effective Exchange Rate71828581
Real Rates (%)-4.2%2.2%3%

Political Risk

2015201620172018
Political Risk Exposure
EIU Political Risk626361
Risk From Doing Business
Ease of Doing Business Rank54364035
Starting a Business Rank34372628
Risk From Government
WGI Control Of Corruption-0.9-0.9-0.9
WGI Govt Effectiveness-0.2-0.2-0.08
WGI Regulatory Quality-0.5-0.4-0.5
WGI Rule Of Law-0.7-0.8-0.8
Deviation of Russia's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk