The settlement received its name in honor of the fishing industry widespread in the region, in which participated many residents of the Kama villages.

The total land area of the district is 2053 km2 and its administrative center is located in the urban-type settlement Rybnaya Sloboda.

The blue color emphasizes the importance of water resources for the economy of the region, as well as honor, nobility, spirituality.

The gold color symbolizes harvest, wealth, stability, respect, and silver - purity, perfection, peace and understanding.

The flag of the area was designed on the basis of the coat of arms and is a blue cloth, which depicts a white fishing net and a yellow beluga on the background.

It was erected near a fort which was intended to secure the external borders of the Russian state on the right bank of the Kama river.

He was removed from office as a result of numerous violations revealed in the course of an investigation by the anti-corruption department under the President of Tatarstan.

[6] There are several large industrial enterprises in the region including the Rybnoslobodsky butter-dairy plant, the fishery "Krug" (annual catch - about 160 tons) and the brick factory "Stroykeramika".

Spring wheat, winter rye, barley, oats, peas, and corn are among the main crops cultivated in the region.

[17] Since 2016, the Rybno-Slobodsky district has been implementing a project of the Krasny Vostok agricultural holding for the production of marbled beef, which was supervised by State Duma deputy Ayrat Khairullin.

In 2019 the poultry enterprise "Rybno-Slobodskaya agrofirm " KAZ " specializing in geese breeding was opened on the territory of the Russian-Oshnyaksky rural settlement.

[22] In 2012, the construction of a fish hatchery began using support from the republican sectoral program, eventually becoming associated with one of the largest corruption scandals in the region which lead to the dismissal of former head Ilham Valeev.

In this program, small and medium-sized businesses may apply for subsidies of up to 3 million rubles for the development of new tourist routes and tourism infrastructure, including the installation of signage, the creation of audio guide systems, general improvements, the development of a network of glamping sites and the purchase of required equipment.

13% of the district's territory is covered by Temperate deciduous forest which is primarily composed of Centaurea, iris sibirica, potamogeton, ranunculus lingua, epipactis atrorubens, potentilla erecta.

The reserve contains game such as elk, wild boar, beaver, fox, raccoon dogs, badgers and other animals.

[30][31][32] In 2016, an ecopark of wild spotted and red deer - marals was opened, restoring natural living conditions for these endangered species.

In 2020, Rybno-Slobodsky District became part of the tourist route "1001 Pleasure", which also includes Kamskoye Ustye, Kukmor, Bogatye Saby, Bolgar, Yelabuga, Mamadysh, Chistopol, Almetyevsk and Arsk.

[33][34][35] In addition to tourism, sports projects are being actively developed in the region such as the Ice Palace with an area of 3.1 thousand square meters currently under construction.