Location map
author: OCHA/ ReliefWeb

- Northern Asia (the area west of the Urals is considered part of Europe), bordering the Arctic Ocean, between Europe and the North Pacific Ocean.
- Neighbours: Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, Mongolia, China, North Korea.

- ranges from steppes in the south through humid continental in much of European Russia;
- subarctic in Siberia to tundra climate in the polar north;
- winters vary from cool along Black Sea coast to frigid in Siberia;
- summers vary from warm in the steppes to cool along Arctic coast.

Natural hazards:
- permafrost over much of Siberia is a major impediment to development;
- volcanic activity in the Kuril Islands;
- volcanoes and earthquakes on the Kamchatka Peninsula;
- spring floods and summer/autumn forest fires throughout Siberia and parts of European Russia.

Macro indicators (* 2018 estimates)
GDP*:1,286.05EUR billion

Currency: Ruble
Code: RUB
Since: 1998

Exchange rates at December 31st:

1 EUR = 79.4605 RUB (2018)
1 EUR = 68.8668 RUB (2017)
1 EUR = 63.8111 RUB (2016)
1 EUR = 79.6972 RUB (2015)
1 EUR = 68.3427 RUB (2014)
1 EUR = 44.9699 RUB (2013)
1 EUR = 40.2286 RUB (2012)
1 EUR = 41.6714 RUB (2011)
1 EUR = 40.3331 RUB (2010)




Russia FY2018 Market Portfolio

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Latest news

RUSSIA: Life GWP went up by almost 33% in 2018

Life GWP in 2018, according to preliminary data, increased by 32.8% to RUB 478 billion, and paid claims in the sector went up to RUB 73.4 billion (+37.5%), Igor YURGENS, the President of the All-Russian Insurance Association (ARIA) announced.

RUSSIA: FITCH removed VSK from the Rating Watch Negative

The international rating agency FITCH removed the financial stability rating of VSK from the list of Rating Watch Negative (RWN), where it was placed in July 2018, as well as confirmed the company's rating at BB-, outlook negative, as reported by ASN.