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Economy of Russia – $2.13 trillion
It has gradually transformed from a planned economy to a mixed market-oriented economy. Russia has vast natural resources, especially oil and natural gas. Russia’s foreign exchange reserves are the fifth largest in the world. It has a labor force of about 70 million people, the sixth largest in the world.
Russia is widely described as an energy superpower; Because it has the largest natural gas reserves in the world, the second largest coal reserves, the eighth largest oil reserves and the largest oil shale reserves in Europe.
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