General Character: Extremely centralized.
efforts to privatize and establish market economy weak.
Gross Domestic Product (GDP): In 1992 about
billion; real growth rate -10 percent. Agriculture
23 percent of GDP, industry for 38 percent, and other
Agriculture: Mainly state and collective farms;
sprinkling of small plots for private household use.
crops: fodder, potatoes, wheat, barley, oats, buckwheat,
potatoes, flax, and sugar beets. Cattle, hogs, and sheep
Industry: Machine- and instrument-building
tractors, large trucks, machine tools, and automation
petrochemicals, plastics, synthetic fibers, fertilizer,
food, glass, and textiles.
Minerals: Small deposits of iron ore, nonferrous
ores, dolomite, potash, rock salt, phosphorites,
molding sand, sand for glass production, and various
Energy: Primary energy sources: twenty-two
power plants (total capacity 7,033 megawatts), additional
power plants (total capacity 188 megawatts), and nine
hydroelectric power plants (total capacity six megawatts).
Country's power grid connected to grids of Lithuania,
Ukraine, and Poland. Almost totally dependent on Russia
oil, coal, and natural gas needed to fuel electric-power
Foreign Trade: In 1994 about 84 percent of
trade conducted with other members of Commonwealth of
States. Imports: natural gas, oil and gas condensate,
fuel, mazut, wheat, corn, and sugar. Exports: crude and
oil, heavy machinery, diesel fuel, mazut, chemical and
fertilizers, televisions, trucks, tractors, refrigerators
freezers, meat, and milk.
Fiscal Year: Calendar year.
Exchange Rate: In March 1995, 11,669 rubles per
Data as of June 1995