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Russia

Located in Northern Eurasia, Russian Federation is a semi-presidential republic. Its vast

geographical layout and strategic location always put Russia under the spotlights; and we
analyzed its population, economic indicators and insurance activities for our new issue.

The country’s history dates back to 3rd century BC; and centu- lands are covered in forests. Life expectancy stands at 77.1 years
ries later, Russia was the world’s first constitutionally socialist in female population, 65.3 years in male population and 71 years
state and the largest founder of the Soviet Union following the on average.
revolution of October 1917. Russian Federation was founded in
1991 after the dissolution of Soviet Union, and rapidly succeed- “44.71 percent of the population
ed significant technological advancements in 20th century.
consists of adults between 25 and 54
Russia is the world’s largest country with a surface area of year-old”
17,075,400 square kilometers; covering more than one-eighth
of the Earth's inhabited land area. Russia is also the world’s
ninth most crowded country with a population of more than 142 Russia’s total population stands at 142,257,519. 77.7 percent
million people. of the population are Russian, 3.7 percent are Tatars, and 1
percent are Chechenian. Children younger than 15 account for
“More than 13 percent of Russian lands 17.12 percent of the population, and young people between 15
and 24 years-old account for 9.46 percent. People between 25
are agricultural lands” and 54 years-old dominate the population with a share of 44.71
percent, while people between 55 and 64 years-old get a share of
14.44 percent. Elderlies older than 65 account for 14.28 percent
Russia is bordered by Norway, Finland, Estonia, Latvia, Lithua- of entire population. 53.7 percent of total population are female,
nia, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, 46.3 percent are male. Population is heavily concentrated in the
China, Mongolia and North Korea from northwest to southeast; westernmost, fifth of the country extending from the Baltic Sea,
and shares maritime borders with the Sea of Okhotsk, Japan, south to the Caspian Sea, and eastward parallel to the Kazakh
Bering Strait and Alaska. The country harbors various different border; elsewhere, sizeable pockets are isolated and generally
environmental and geographical formations, and is located on found in the South.
nine different time zones as a country that envelops entire North-
ern Europe and a part of Eastern Europe. Having a shoreline
length of 37,653 kilometers, majority of the country is located Selected indicators for Russia
on a mild continental climate zone.
Population 142,2 million
The Arctic Ocean and northern lands are under arctic and GDP Per Capita 27.900 USD
semi-arctic climate zones, while the Caucasian Black Sea shore- Unemployment rate 5,5%
lines enjoy a hot subtropical climate. However, Russia is gener-
ally covered by a continental climate which is snowy and cold in GDP 1,469 trillion USD
winter, and dry and hot in summer. Inflation rate 4,2%
Public debt 11,8% of GDP
Russia’s capital is Moscow. More than 13 percent of the coun-
try’s lands are agricultural lands: 7.3 percent consists of cultiva- Number of insurance companies 226
ble lands and 5.7 percent of meadows. 49.4 percent of Russian Total premium production in 2016 18,2 million USD

Source: OECD, CIA, KPMG