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A smaller population means a country's lower economic potential, a shrinking domestic market, worsening demographic problems and an aging population, as well as a decrease in the country's geopolitical power. The population size still correlates with the weight in international relations, the ability to promote their interests on the world stage. And the declining population for the largest country in the world may cause some neighbors on the continent, especially the eastern ones, to be tempted to solve their internal growing problems by some external adventures. But will Russia find anyone and how to fight back, will there be allies?<ref>[https://thebell.io/do-kontsa-veka-nas-khvatit-demograf-salavat-abylkalikov--o-tom-vymiraet-li-rossiya-i-chto-s-etim-delat?ref=en.thebell.io "Until the end of the century, we will be enough." Demographer Salavat Abylkalikov - about whether Russia is dying and what to do about it], Russian demographer Salavat Abylkalikov</ref>}}
 
A smaller population means a country's lower economic potential, a shrinking domestic market, worsening demographic problems and an aging population, as well as a decrease in the country's geopolitical power. The population size still correlates with the weight in international relations, the ability to promote their interests on the world stage. And the declining population for the largest country in the world may cause some neighbors on the continent, especially the eastern ones, to be tempted to solve their internal growing problems by some external adventures. But will Russia find anyone and how to fight back, will there be allies?<ref>[https://thebell.io/do-kontsa-veka-nas-khvatit-demograf-salavat-abylkalikov--o-tom-vymiraet-li-rossiya-i-chto-s-etim-delat?ref=en.thebell.io "Until the end of the century, we will be enough." Demographer Salavat Abylkalikov - about whether Russia is dying and what to do about it], Russian demographer Salavat Abylkalikov</ref>}}
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== Russia's labor crisis ==
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== Russia's labor crisis and its demographic crisis ==
    
''See also:'' [[Russia's labor crisis]]
 
''See also:'' [[Russia's labor crisis]]
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According to the Eurasian Research Institute:
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{{Cquote|Depopulation, aging and shrinking number of the working-age population are some of the biggest challenges which Russian labor market face today. The year 1995 is an important year for demographic dynamics in Russia because after that year number of population continuously decreased and according to forecasts it will fall even further in the near future. The current problems could be solved by either natural or migration-based option. First, option refers to solve the issues of the labor market with increasing the natural growth of the population while the second solution advocates attracting a large number of migrants to Russia (Rosstat, 2016). However, total fertility rate of Russia is below sustainable growth rate indicating that Russian population will decline and consequently the number of working-age population will decrease Moreover, the current level of the migration flow is not large enough to compensate the losses in the number of population and working-age population (World Bank, 2016).<ref>[https://www.eurasian-research.org/publication/the-future-of-the-labor-market-in-russia/ The Future of the Labor Market in Russia]<ref>}}
    
In 2023, Politico reported:
 
In 2023, Politico reported:
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