3. CELEBRATING WITH YOU THE SPIRIT OF YOUR GREAT COUNTRY! HAPPY THE 4 TH OF JULY TO YOU, FRIENDS! SINCERELY,ELENA

4. Russia Economy overview Presented by Elena V. Fedorova Vladivostok, VSUE, 04.07.2005

5. Economy overview GDP - Purchasing power parity - $1.408 trillion (2004 est.) Real growth rate: 6.7% (2004 est.) Per capita : purchasing power parity - $9,800 (2004 est.) Composition by sector: * agriculture: 4.9% * industry: 33.9% services: 61.2% (2004 est.) Investment (gross fixed):19.1% of GDP (2004 est.)

6. Economy overview Contd. Population below poverty line:25% (January 2003 est.) Household income or consumption by percentage share: * lowest 10%: 5.9% * highest 10%: 47% (2001) Distribution of family income - Gini index: 39.9 (2001) Inflation rate (consumer prices):11.5% (2004 est.)

7. Economy overview Contd. Labor force:71.83 million (2004 est.) Labor force - by occupation: * agriculture 12.3%, * industry 22.7%, * services 65% (2002 est.) Unemployment rate:8.3% plus considerable underemployment (2004 est.)

8. Economy overview Contd. Budget: * revenues: $106.4 billion * expenditures: $93.33 billion, including capital expenditures of NA (2004 est.) Public debt:28.2% of GDP (2004 est.)

9. Economy overview Contd. Agriculture - products: grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk Industries:mining and extractive industries; machine building; defense industries; 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

10. Economy overview Contd. Industrial production growth rate:6.4% (2004 est.) Electricity - production:915 billion kWh (2003) Electricity - consumption:894.3 billion kWh (2003) Electricity - exports:20.7 billion kWh (2003) Electricity - imports:12.65 billion kWh (2002)

11. Economy overview Contd. Oil - production:8.42 million bbl/day (2003 est.) Oil - consumption:2.31 million bbl/day (2003 est.) Oil - exports:6.11 million bbl/day (2003) Oil - imports:NA Oil - proved reserves:69 billion bbl (2003 est.)

12. Economy overview Contd. Natural gas – Production:578.6 billion cu m (2003 est.) Consumption:405.8 billion cu m (2003 est.) Exports:171 billion cu m (2003 est.) Pproved reserves:47 trillion cu m (2003)

13. Economy overview Contd. Current account balance: $46.04 billion (2004 est.)

14. Economy overview Contd. Exports:$162.5 billion (2004 est.) Exports – Commodities: petroleum and petroleum products, natural gas, wood and wood products, metals, chemicals, wide variety of civilian and military manufactures

15. Economy overview Contd. Partners: Germany 8.4%, Netherlands 6.7%, China 6.4%, US 5.8%, Ukraine 5.7%, Italy 5.4%, Turkey 4.5% (2004)

16. Economy overview Contd. Imports: $92.91 billion (2004 est.) Imports – Imports – Commodities: machinery and equipment, consumer goods, medicines, meat, sugar, semifinished metal products

17. Economy overview Contd. Partners: Germany 16.7%, China 7.1%, Ukraine 6.7%, Italy 5.9%, Finland 5%, France 4.5%, Japan 4.5% (2004)

18. Economy overview Contd. Reserves of foreign exchange & gold: $124.5 billion (3 December 2004 e) Debt - external:$169.6 billion (2004 est.) Economic aid – Recipient: in FY01 from US, $979 million (including $750 million in non-proliferation subsidies); in 2001 from EU, $200 million (2000 est.)

19. Economy overview Contd. Currency: Russian ruble (RUR) Exchange rates: Russian rubles per US dollar – * 28.814 (2004), 28.53 (4.07.2005) Fiscal year: calendar year

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