This overview provides a summary of the selected indicators, including their latest values, changes over time, and key statistics.
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The Russia Urban Population percentage (RUSURBAN) quantifies the proportion of Russia's total population residing in urban areas. This metric is a crucial indicator for economists and policymakers as it reflects the pace of urbanization, a significant driver of economic development and social change. Higher urbanization rates often correlate with increased industrialization, a growing service sector, and demand for infrastructure like housing, transportation, and utilities. This indicator is typically calculated by dividing the total number of individuals living in cities and towns by the country's overall population, then multiplying by 100. An increasing RUSURBAN suggests a shift towards urban centers, often signaling economic growth, job opportunities in non-agricultural sectors, and potentially a migration from rural to urban areas. Conversely, a declining or stagnant urban population percentage might indicate economic stagnation, a lack of urban job creation, or a return to rural living, which can have implications for resource allocation, social services, and regional development strategies.
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