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In May 2020, according to the Ministry of Economy, the decline in Russia's GDP was 10.9% in annual terms (12% in April). Crude oil production decreased by 14.5%, natural gas - by 16.6%, coal - by 11.2%, retail sales fell by 19.2% (23.2% in April). In Q1 2020, according to the Bank of Russia, the foreign trade turnover of Russia amounted to $ 143.5 billion (90.7% compared to Q1 2019), export - $ 87.8 billion (85.5%), import - $ 55.7 billion (100.1%). Export of fuel and energy products - 78.5%, food products and agricultural raw materials - 119.2%. In April 2020, according to the Ministry of Finance of Russia, the country's nominal GDP (calculated at current prices) amounted to 6.3 trillion rubles, which is 28% less than in April 2019. The average price of the Russian export oil mixture (Urals) was $ 18.2 per barrel ($ 71.5 a year earlier). In April 2020, clothing sales in Russia in monetary terms decreased by 90% compared with February, in Moscow - by 76%. Shopping centers and shops in Russia are closed because of the coronavirus pandemic. This category of goods can be bought only online. In 2017-2019, according to Rosstat, there was a difficult demographic situation in Russia. In 2019, the number of births was 12% lower than in 2017, while mortality decreased by only 1.3%. The population declined in 59 regions. In 2020, the situation is likely to worsen even more, as the migration growth is also expected to be low. More notes from Russia »
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Ask expert about Russia
Elena asks: Hi i m Italian and i would like to work in Moscow like aupair. How much cost the document for ask the Working permit, the invitation letter and health insurance from Moscow immigration? And Also the courier! Because i need to receive this documents for go to my embassy for visa. the family told me that i have to pay 2000 is it possible?
Expert's answer:
To work in Russia, a foreign citizen should apply for a work visa. Before obtaining it, a foreigner must receive a work invitation from a particular company. Therefore, at first, you need to find an employer interested in your services and it will help you to get the documents required. The name of this company will be mentioned in the visa. Some info about the process.

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Featured Russian city: Khanty-Mansiysk


Khanty-Mansiysk, Russia

Khanty-Mansiysk is a city in Russia, the administrative center of the Khanty-Mansi Autonomous Okrug - Yugra. This is one of the oldest, most beautiful, and unusual cities in Western Siberia. Located on seven hills about... More...

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