Russia is the EFSD founding state:
- Russia’s contribution to the EFSD is US$7,5 billion;
- Russia’s access limit in the EFSD is US$3149.81 million (37% of total assets of the Fund).
The authorized representative of Russia in the Council of the Fund and its Chairman is the Minister of Finance of the Russian Federation — Anton G. Siluanov.
The Chairman of the EFSD Council of Experts is Director of the Department for International Financial Relations, Ministry of Finance of Russia - Andrei A. Bokarev.
Russia is a member of the Eurasian Economic Union since 1 January 2015.
Russia plans to borrow from the EFSD resources only in case it participates in interstate investment projects together with the other EFSD Member States.
The EDB carries out analytical work on the social and economic development of Russian Federation.
Key Development Indicators of Russia
|Real GDP Growth (%)||4,3||3,4||1,3||0,6||Rosstat.|
|Nominal GDP (US$ million, in current prices)||1906890||2001175||2080142||1856840||Rosstat.|
|GDP per capita (US$, in current prices)||13 326||13 977||14 611||12 892||Rosstat., CB|
|Poverty rate (%, national estimate)||12,7||10,7||10,8||11,0||Rosstat.,WB|
|Inflation (CPI, average)||8,52||5,11||6,76||7,81||Rosstat.|
|Nominal Interest Rate on loans to non-financial organizations up to a year in nat. currency (% average)||8,5||9,1||9,5||16,1||CB|
|Balance of consolidated state budget (% GDP)||1,6||0,4||-1,3||0,5||Rosstat.|
|Trade Balance (% GDP)||8,6||7,2||5,9||7,2||CB|
|Current Account Balance (% GDP)||5,1||3,6||1,7||3,2||CB|
|Gross International Reserves (months of imports, end of period)||14,6||14,5||13,0||10,8||CB|
|External Public Debt/GDP (%)||1,8||2,7||3,0||2,2||CB|
|Gross External Debt/GDP (%)||28,3||31,8||35,0||32,2||CB|
|Public External Debt Service/ Exports of Goods and non-factor Services (%)||0,15||0,13||0,10||N/A||CB|
|Human Development Index (rank out of 187 countries)||66||55||57||N/A||UNDP|
|Global Competitveness Index (rank out of the amount of observed countries)||67||67||64||53||WEF|
|Exchange rate of the National Currency against U.S. dollar (period average, rouble/dollar)||29,4||31,1||31,8||38,5||CB|
|Exchange rate of the National Currency against Euro (period average, rouble/euro)||40,9||39,9||42,3||51,1||CB|
Anti-crisis Fund Department of the EDB:
3 Bolshoi Vatin Pereulok
Moscow, 109240 Russia
Tel.: +7 (495) 645 04 45
Fax: +7 (495) 645 04 41