Description
The population growth in Russia is declining every year. In 2021, the Russian population reached to 146.7 million.
Russia GDP in 2021 was recorded $1.5 trillion, despite its declining population growth rate. In the year 2021, Russian ranks as the 11th largest exporters in the world, this positions reflects the country’s strong presence in the global trade market and ability to compete with any nations.
Russia is an energy-rich country that makes Russia a major players in the global oil and gas exports. In 2021, Russia export for over 60% crude oil to world making it the country’s top exported product. Other petroleum products are also top listed such as refined oils, natural gas and coal. Russia makes a significant revenue from exports.
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