MACROECONOMIC INDICATORS

OF RUSSIA

2007 –

2011

by Prof. Dr. Mstislav

AFANASIEV 

rector www.abik.ru

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE 

OF THE RUSSIAN FEDERATION

February 2011

GDP in Russia and Japan 

1

Source: International Monetary Fund, World Economic Outlook Database, October 2010: Global Insight and Nomura database. Russian Federal State Statistics Service.

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Structure of elements of GDP use in Russia (at constant prices 2003), as percentage of total GDP

2

*first estimate Source: Russian Federal State Statistics Service

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Investments in fixed capital in Russia

3

Source: Russian Federal State Statistics Service, author calculations

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Production indices by kinds of economic activity (2006 = 100%)

4

Source: OECD, Russian Federal State Statistics Service, author calculationsTHE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE 

OF THE RUSSIAN FEDERATION

Inflation in Russia and in Japan 

5

Source: International Monetary Fund, World Economic Outlook Database, October 2010; Russian Federal State Statistics Service.

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Consumer prices indices in Russia  in

2009 and 2010,

to December of the previous year; percentage

6

Source:

OECD, Russian Federal State Statistics Service

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Consumer prices indices in Russia in

2010,  to December of the previous year; percentage

7

Source: Russian Federal State Statistics Service THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE 

OF THE RUSSIAN FEDERATION

Current account balance

8

Source: The Central Bank of the Russian Federation; International Monetary Fund, World Economic Outlook Database, October 2010

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Export and import of the Russia (according to the methodology of the Balance of payment)

9

Source: 

The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Ruble exchange rate (annual average)

10

Source: The Central Bank of the Russian Federation,IMF: Principal Global Indicators

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Net capital export/import by private sector  in Russia in 2007 ‐

2010

(based on the Balance of Payments, Flows Data)

11

Source: The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Balance of Payments  of the Russian Federation for 2008 ‐

2010

12

Source: The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

International Reserves

13

Source: Japan Ministry of Finance; The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Money supply (М2)

14

Source: Bank of Japan, The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Deposits taken by Credit  institutions in Russia

15

Source: The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Loans and other funds placed with  organizations and individuals in Russia

16

Source: The Central Bank of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Unemployment in Russia and in Japan

17

Source: International Monetary Fund, World Economic Outlook Database, October 2010.Russian Federal State Statistics Service.

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Real accrued wages and unemployment  rate in Russia

(seasonally adjusted)

18

Source: The Ministry of Economic Development of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Real disposable money incomes and turnover of  retail trade in Russia (seasonally adjusted)

19

Source: The Ministry of Economic Development of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Government Revenues in Russia and Japan

20

Source: Japan Ministry of Finance; Ministry of Finance of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Government Expenditures in Russia and Japan

21

Source: Japan Ministry of Finance, Ministry of Finance of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

Reserve and National Wealth Funds in Russia

22

Source: Ministry of Finance of the Russian Federation

THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

THANK YOU FOR YOUR ATTENTION!

23THE BUDGET AND TREASURY ACADEMY OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION