Talk:Petrostate

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Is Russia a petrostate? edit

Latest comment: 3 months ago2 comments2 people in discussion

Russian economy looks as diversified as Canadian economy or US economy, featuring services, industires, and beingthe 9th most touristic country in the world.....(thought it could be much lower in relative number). 28 millions of tourists, 10 % of the population roughly looks rather important.

Algeria on the other hand has....98 % of export represented by petrol (and gas), they export also dates, as agricultural products and that is about it. Algeria is probably one of the least touristic places in the world. --Joujyuze (talk) 17:47, 26 July 2021 (UTC)Reply

Not that diversified

Russia's oil and gas exports as a percent of GDP is 16%, where as Canada's is 5% and US is about 8%.

As a percent of exports: Russia is 48%, Canada is 20%, and US is 15% - 5%(minus 5 because US imports 5% and then exports 5% as refined).

Both the US and Canada are dynamic economies and have a high GDP per capitia. A downturn in oil/gas won't cripple them. Russia is certainly neither of those. 108.203.120.57 (talk) 21:55, 7 February 2024 (UTC)Reply

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