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13 mind-blowing facts about Russia's economy

Pat Evans   

13 mind-blowing facts about Russia's economy
Stock Market1 min read

Russian President Vladimir Putin reacts during a meeting with businessmen and officials in Moscow, Russia March 20, 2019. Alexander Nemenov/Pool via REUTERS

Reuters

Russian President Putin attends a meeting with businessmen in Moscow

  • Following World War II, the Soviet Union emerged as a global superpower to rival the United States.
  • But after the Soviet Union crumbled in the early 1990s, Russia had to reinvent its economy.
  • Markets Insider compiled 13 surprising facts about Russia's economy.
  • Visit MarketsInsider.com for more stories.

Following World War II, the Soviet Union emerged as a global superpower to rival the United States.

But when the Soviet Union crumbled in the early 1990s and reemerged as Russia, it had to reinvent its economy. In the decades that followed, the communist nation has experienced plenty of economic struggles.

As Russia continues to try to reassert itself as a global power, it faces a fluctuating currency, declining population, and an economy that is in many ways dependent on oil and gas.

Here are 13 mind-blowing facts about Russia's economy:

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