Russia: Socio-Demographic and Economic Information Research Paper

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Russia is supposed to be one of the most significant and most developing countries in the world. It spans Eastern Europe and Northern Asia and is about 1.8 times the size of the US (The World FactBook). The capital of Russia is Moscow, which is the largest European city. According to data estimations, its population had equaled approximately 146,171,015 million residents by 2021 (Russian Federation, n.d.). As ethnic groups, Russia consists of 78% of Russians, 4% of Tatars, 2% of Ukrainians, and 2% of Chuvash and Chechens. The primary religion of Russian residents is Christianity: about 73% of Russian Orthodoxy and 27% of other religions, such as Islam and other Christian faiths (Russian Federation, n.d.).

The Russian Federation is considered to be the most powerful nuclear weapon country globally. The atomic weapon industry of Russia is a significant landmark in this country. According to Trading Economics of 2021 estimation, total GDP equals $4,328 trillion, and GDP per capita is about $29,485 (Russia – Economic Indicators, n.d.). Considering the most profitable sources of overall revenue, the oil and natural gas exportations are the prevailing income resources. This country’s essential commodities and products are steel and aluminum, which are major sources of export, as well as coal, wheat, crude petroleum, and refined petroleum. The major import commodities for Russia are cars and packaged medicine, broadcasting equipment. The main currency in the Russian Federation is rubble, which was established centuries ago.

The governmental type of Russia is a semi-presidential federation. The members of the current governmental body are the Prime Minister, the Federal Ministers, and the deputy prime minister. All policies are conducted under the Constitution of the Russian Federation. Currently, the President of Russia is eligible to appoint the Prime Minister and his subordinates. As to international organizations, the Russian Federation is a member of the United Nations, UNESCO, The European Communities, Council of Europe, NATO, Organization for Security and Co-operation in Europe, and others.

References

Russia – Economic Indicators. (n.d.). Trading Economics. Web.

. (n.d.). New World Encyclopedia. Web.

The World FactBook. (2021). Central Intelligence Agency. Web.

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IvyPanda. 2022. "Russia: Socio-Demographic and Economic Information." October 31, 2022. https://ivypanda.com/essays/russia-socio-demographic-and-economic-information/.

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