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. Last Updated: 07/27/2016

LEGSI Rating

Russia's state stability shifted upward to 62 in March, its highest level since data for the Lehman Brothers Eurasia Group Stability Index (LEGSI) was first put together in January 2000.

Newly released economic indicators boosted the economy component significantly.

These include market capitalization as a percentage of GDP, the share of private sector assets in the economy, and the percentage of past due loans in total outstanding loans.

BP's announcement of its $6.75 billion investment into the Russian energy sector and the State Duma's approval of the power sector reform package also contributed to the rating shift.

Of the 22 emerging market countries covered by the LEGSI, Russia tied for sixth place from the top with Brazil, China, and South Africa in March.