Russia - Economist Intelligence Unit - The Economist
ELECTION WATCH: The result of the election on December 4th 2011 for the State Duma (the lower house of parliament) was broadly in line with pre-election opinion polls. Winning just under 50% of the votes cast, United Russia achieved a result well down on the election in 2007, when it recorded 64% of the vote. It also lost its two-thirds constitutional majority. However, the result was not a complete disaster for the party, which retained an overall majority. The turnout at the election of about 60% was respectable. The presidential election on March 4th was an even greater success for the regime: Mr Putin won an overwhelming victory, also on a respectable turnout. Despite the widespread belief that the scale of electoral irregularities was greater than in past elections, especially in the parliamentary poll, it is difficult to prove that there was massive fraud that materially affected the outcome.
Country Forecast Overview (3 Year)
| Key Indicators |
2011 |
2012 |
2013 |
| Real GDP Growth (%) |
4.51 |
3.80 |
4.00 |
| Consumer Price Inflation (av;%) |
8.42 |
4.80 |
5.80 |
| Budget Balance (% of GDP) |
.79 |
-.90 |
-1.10 |
| Current-Account Balance (% of GDP) |
5.50 |
3.90 |
1.90 |
| Exchange Rate US$:Euro (av) |
29.38 |
30.21 |
29.99 |
| Exchange Rate US$:Euro(year-end) |
32.40 |
30.10 |
29.89 |
| Year |
GDP in Billions of USD PPP |
% GDP Growth |
| 2007 |
2,116.70 |
8.72 |
| 2008 |
2,277.20 |
5.64 |
| 2009 |
2,121.20 |
-7.88 |
| 2010 |
2,238.80 |
4.51 |
| 2011 |
2,385.70 |
4.51 |
Source: EIU Country Data
Russia: risk assessment
| Risk |
May 2012 |
| Sovereignrisk |
BBB |
| Currencyrisk |
BBB |
| Bankingsector risk |
B |
| Politicalrisk |
B |
| Economic structure risk |
BB |
|
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