The economic development of the country has been uneven geographically with the Moscow region contributing a The majority of state enterprises were privatized amid great controversy and subsequently came to be owned by insidersDifficulties in collecting government revenues amid the collapsing economy and a dependence on short-term borrowing to finance budget deficits led to the In the 1990s Russia was "the largest borrower" from the International Monetary Fund with loans totaling $20 billion. Russia is the largest diamond-producing nation in the world, estimated to produce over 33 million Russia has more than a fifth of the world's forests, which makes it the largest forest country in the world.Russia comprises roughly three-quarters of the territory of the former Soviet Union. Within services the most important segments are: wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods (17% of total GDP); public administration, health and education (12%); real estate (9%) and transport storage and communications (7%). Northern areas concentrate mainly on livestock, and the southern parts and western Siberia produce grain.Russia's defense industry employs 2.5 – 3 million people, accounting for 20% of all manufacturing jobs.Aircraft manufacturing is an important industry sector in Russia, employing around 355,300 people. Russian software exports have risen from just $120 million in 2000 to $3.3 billion in 2010.Currently, Russia controls 3% of the offshore software development market and is the third leading country (after Russia is one of the few countries in the world with a home grown Tourism in Russia has seen rapid growth since the late Soviet period, first domestic tourism and then international tourism.
The concentration of insurance business is significant across all major segments except Although relative indicators of the Russian insurance market returned to pre-crisis levels, the progress is achieved mainly by the increase of life insurance and accident insurance, the input of these two market segments in premium growth in 2013 largely exceeds their share on the market. RUB. The budget deficit narrowed to 0.6% of GDP in 2017 from 2.8% in 2016. Russia is also a leading producer and exporter of minerals and gold.
Agriculture accounts for the remaining 2%. Industry contributes 40% to total output. In 2013, Russia was visited by 28.4 million tourists being the ninth most visited country in the world.Russia recorded a trade surplus of USD$15.8 billion in 2013.In 2015, Russia main exports are oil and natural gas (62.8% of total exports), ores and metals (5.9%), chemical products (5.8%), machinery and transport equipment (5.4%) and food (4.7%). Russia was the world's 15th largest car producer in 2010, and accounts for about 7% of the worldwide production. Exports in Russia is reported by the Central Bank of Russia. The rise of these lines is connected, evidently, with the increase in consumer loans, as the total sum of credit obligations of population in 2013 increased by 28% to RUB 9.9 trillion. As a consequence, in 2009 the IT market in Russia declined by more than 20% in ruble terms and by one-third in euro terms. Please update this article to reflect recent events or newly available information.Source: Milov, Nemtsov, Ryzhkov, Shorina (2011). The Russian aircraft industry offers a portfolio of internationally competitive military aircraft such as Automobile production is a significant industry in Russia, directly employing around 600,000 people or 0.7% of the country's total workforce. The following table shows the main economic indicators in 1992–2018. At the same time premium to GDP ratio net of life and accident insurance remained at the same level of 1.1% as in 2012.
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