Russia has a modern market economy with a GDP of $2.25 trillion and GDP per capita of $15,800. It imports oil from Saudi Arabia and vehicles from Germany, and exports wood to the Netherlands and metals to Italy. Major companies include oil producers Rosneft and LUKOIL, and Russia has experienced 10 straight years of economic growth, though its economy advantages individuals and disadvantages ensuring all citizens' financial needs are met.

1. Russia By: DJ and Avery

2. Exchange Rate 24,300 Russian rubles is equal to 1000 US Dollars

3. Imports Russia imports oil. From Saudi Arabia.

4. Imports Vehicles from Germany

5. Exports Wood is exported to the Netherlands.

6. Exports They export metals to Italy.

7. Type of Economy Russia has a modern market economy Advantages are individuals buy whatever they want, and the people control this economy Disadvantages are that all people may not be attended to financially and there isnt a careful calculation of how much people should buy or sell these resources.

8. GDP STATS GDP- $2.25 Trillion GDP per capita- $15,800 Unemployment Rate- 6.2%

9. Major Companies Rosneft is a major oil company in Russia. As you can guess, they produce oil. They have been in the business for 68 years as of 2008.

10. Major Companies LUKOIL is another major company They produce oil as well They are newer than Rosneft and have only been in the business for 43 years as of 2008.

11. Current State of the Economy The current state of Russia’s economy is very good. They have just experienced their 10 th straight year of financial growth.