According to Kudrin, the Russian economy will grow by 4-5 percent annually over the next years and reach the pre-crisis level in late 2012, news agency Prime-Tass reports. Russian GDP in 2009 dropped as much as 7,9 percent.
Oil and gas today account for as much as 25 percent of the country’s GDP. This stake will however decline in the years to come. According to the finance minister, oil and gas will by 2020 account for only 15 percent of GDP following the sector’s lower production figures.
