Russia is located in both Europe and Asia. The region west of the Ural Mountains, about 25 percent of the country's area, is considered part of Europe. The capital city of Russia, Moscow, is located in the European portion of Russia.
Russia has the largest country in the world by area, covering about 10,624,355 square miles. Its population, as of 2014, is estimated to be 142,470,272. While approximately 75 percent of its area is located in Asia, about 22 percent of the population lives in the European part of Russia; this includes Russia's two largest cities: Moscow and Saint Petersburg. Russia was founded as a principality in the 12th century. On August 24, 1991, it gained independence from the Soviet Union.