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Financial Considerations in Russia

Financial ConsiderationsSince the fall of the Soviet Union, Russia has experience significant economic changes in moving from a centrally planned economy to a market-based one. According to the World Bank, Russia has a GDP of US$ 2,015 billion in 2013 (growing annually at a rate of 3.4%), which works out at US$ 14,037 per capita. Inflation is 5.1% in terms of the consumer price index (CPI) and 8.5% in terms of the GDP deflator.



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