Sign up for FlowVella
Sign up with FacebookAlready have an account? Sign in now
By registering you are agreeing to our
Terms of Service
Loading Flow
Russia's Economy
Russia has a market economy with enormous natural resources, particularly oil and natural gas. It has the 8th largest economy in the world by nominal GDP and the 6th largest by purchasing power parity. Oil, natural gas, metals, and timber account for more than 80% of Russian exports abroad.
The economy of the country does have a effect on the power of the nation because the better your economy is the better your side and lace is in the world. If your economy is very good every other country will listen to you and do and your country will have a part in every decisions made. If you have a bad economy then you won't be able to say anything or give your opinions on what you think is right.