Analysis of the state of the Russian economy and prospects for its development during the COVID-19 pandemic

At present, during a pandemic, an important role is played by the state and prospects for the development of the Russian economy. An increase in the level of economic development creates conditions for the stability of the national economic system, and also provides the foundation for systematic economic growth, even during a pandemic. The Russian economy is characterized by uneven economic development. So, in 2020, the Russian economy has undergone a severe crisis caused by the corona virus pandemic. The difficult epidemiological situation provoked several notable shocks that hit the economy, especially in certain sectors. In 2020, there was a decrease in Russian GDP by 3.1%. Let us turn to the level of Russia’s GDP for the first half of 2021, it increased by 4.6% in relation to the first half of 2020. According to the Ministry of Economic Development, in June, Russia's GDP reached the level of the fourth quarter of 2019. It should be noted that the economic component plays a crucial role in any state, since all spheres of human activity are linked by economic relations. In our opinion, the development of theoretical provisions and recommendations on promising areas of development of the Russian economy will allow the state to create a powerful economic base necessary for a stable and sustainable development of the economy.