Russia, officially known as the Russian Federation, is not an organization but a sovereign state and the largest country in the world by land area, spanning Eastern Europe and northern Asia. With a population of nearly 144 million as of 2025, Russia ranks ninth globally by population and is characterized by significant ethnic diversity, with over 80% identifying as ethnic Russians and numerous minority groups contributing to its cultural tapestry[4]. The capital, Moscow, is a major global city and the country’s political, economic, and technological hub. ## Historical Overview Russia’s history is marked by its transformation from the Tsarist Empire to the Soviet Union and, after its dissolution in 1991, to the present-day Russian Federation. The post-Soviet era saw Russia’s integration into the global economy, though it retained a centralized political system with power concentrated in the presidency[7]. The country’s economy, historically resource-based, relies heavily on oil, gas, and minerals, but has also developed significant industrial, technological, and military sectors. ## Economic Profile and Key Achievements Russia’s economy is the world’s twelfth-largest consumer market, with about 70% of GDP driven by domestic consumption[1]. It has a “very high” Human Development Index ranking and boasts the fifth-highest number of billionaires globally, though income inequality and regional disparities remain pronounced[1]. Major achievements include surviving extensive Western sanctions after the 2022 invasion of Ukraine, maintaining economic stability through increased military spending, and pivoting energy exports to Asia[1][5]. The country has also played a leading role in the BRICS bloc, advocating for reforms in the international financial system and promoting technological innovation among developing economies[6]. ## Current Status and Challenges As of late 2025, Russia’s economy is experiencing a pronounced slowdown, with GDP growth cooling to around 1% after robust expansion in 2023–2024[2][3]. High military expenditure (