Member countries: Russia

Russia is the EFSD founding state:
- Russia’s contribution to the EFSD is US$7,5 billion;
- Russia’s access limit in the EFSD is US$ 3 447 million (37% of total assets of the Fund)
The authorized representative of Russia in the EFSD Council and its Chairman is the Minister of Finance of the Russian Federation — Anton G. Siluanov.
The Chairman of the Expert Council is Deputy Director of the Department for International Financial Relations, Ministry of Finance of Russia – Pavel V. Snisorenko.
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.
Contacts
Ministry of Finance of the Russian Federation
Central Bank of the Russian Federation
The EFSD Project Unit:
1-st Zachatievskiy pereulok,
house 3, block 1,
Moscow, 119034, Russian Federation,
Tel.: +7 (495) 645 04 45
Fax: +7 (495) 645 04 41
E-mail: info@eabr.org
Indicator | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | Source |
Real GDP Growth (%) | 4,3 | 3,7 | 1,8 | 0,7 | -2,0 | 0,3 | 1,8 | 2,5 | N/A | Nat. Stat. |
Nominal GDP (US$ million, in current prices) | 2051 | 2192 | 2296 | 2026 | 1355 | 1274 | 1575 | 1668 | N/A | Nat. Stat. |
GDP per capita (US$, in current prices) | 14349 | 15332 | 16026 | 14105 | 9267 | 8694 | 10725 | 11358 | N/A | Nat. Stat. |
Poverty rate (%, national estimate) | 12,7 | 10,7 | 10,8 | 11,2 | 13,3 | 13,3 | 13,2 | 12,9 | N/A | Nat. Stat. |
Inflation (CPI, average) | 8,5 | 5,1 | 6,8 | 7,8 | 15,5 | 7,0 | 3,7 | 2,9 | N/A | Nat. Stat. |
Nominal interest rate on 3-month credits to the economy (end of period %) | 9,4 | 10,6 | 10,6 | 11,1 | 15,7 | 12,6 | 10,6 | 8,9 | N/A | CB |
Balance of consolidated state budget (% GDP) | 1,4 | 0,4 | -1,2 | -1,1 | -3,4 | -3,7 | -1,5 | 2,9 | N/A | MF |
Trade Balance (% GDP) | 8 | 6,6 | 5,3 | 9,3 | 10,9 | 7,1 | 7,3 | 11,7 | N/A | CB |
Current Account Balance (% GDP) | 4,7 | 3,3 | 1,5 | 2,8 | 5,0 | 1,9 | 2,1 | 6,8 | N/A | CB |
Gross International Reserves (months of imports, end of period) | 14 | 15 | 13 | 11 | 16 | 17 | 15,9 | 16,4 | N/A | CB |
External Public Debt/GDP (%) | 1,7 | 2,5 | 2,7 | 2,0 | 2,3 | 3,1 | 3,5 | 2,6 | N/A | CB |
Gross External Debt/GDP (%) | 26,3 | 29 | 31,8 | 28,8 | 38,3 | 40,2 | 32,9 | 27,3 | N/A | CB |
Human Development Index (index from 0 to 1) | 0,789 | 0,797 | 0,803 | 0,807 | 0,813 | 0,817 | 0,822 | 0,824 | N/A | UNDP |
Global Competitveness Index (rank out of the amount of observed countries) | 67 | 67 | 64 | 53 | 45 | 43 | 38 | 43 | N/A | WEF |
Exchange rate of the National Currency against U.S. dollar (period average, rouble/dollar) | 29,4 | 31,1 | 31,8 | 39,0 | 61,3 | 67,2 | 58,3 | 62,5 | 64,7 | CB |
Exchange rate of the National Currency against Euro (period average, rouble/euro) | 40,9 | 40,0 | 42,2 | 51,8 | 68,0 | 74,4 | 65,8 | 73,9 | 72,5 | CB |