Economy of the USSR

The Union of Soviet Sovereign Republics has a high-income mixed economy with state ownership in strategic areas of the economy. Market reforms in the 1990s privatized much of Soviet industry and agriculture, with notable exceptions in the energy and defense-related sectors.

The USSR has an abundance of natural resources, including oil, natural gas and precious metals, which make up a major share of Soviet exports.

In 2045, the Soviet economy is the second largest in the world by PPP and third largest at market exchange rates. However, economic gains are distributed unevenly, as the 110 wealthiest individuals were found to own 27% of all financial assets held by Soviet households. Poor governance means that the USSR also has the second-largest volume of illicit money outflows. Since 2008 Forbes has repeatedly named Moscow the "billionaire capital of the world".

The USSR's major exports ($2.37 trillion in 2045) are petroleum and petroleum products, natural gas, metals, wood and wood products, chemicals, and a wide variety of civilian and military manufactures. It's Major Export Partners include The US, China, Netherlands, Turkey and Korea. It's major imports ($2.15 trillion in 2045) are consumer goods, machinery, vehicles, pharmaceutical products, plastic, semi-finished metal products, meat, fruits and nuts, optical and medical instruments, iron, and steel. It's Major Import Partners include China, The US, Australia, Italy and Korea.