Northwestern Economic Region
Northwestern Economic Region Се́веро-За́падный Экономи́ческий Райо́н | |
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Economic region | |
![]() Saint Petersburg, the largest city in the region | |
![]() Map of Northwestern economic region | |
Country | ![]() |
Largest city | Saint Petersburg |
Area | |
• Total | 195,247 km2 (75,385 sq mi) |
Population (2021) | |
• Total | 8,785,379 |
• Density | 45/km2 (120/sq mi) |
GDP [1] | |
• Total | ₽ 13,230 billion US$ 192.610 billion (2022) |
The Northwestern Economic Region (Russian: Се́веро-За́падный Экономи́ческий Райо́н; tr.: Severo-Zapadny Ekonomichesky Rayon) is one of twelve economic regions of Russia.
Composition
- Leningrad Oblast
- Novgorod Oblast
- Pskov Oblast
- federal city of St. Petersburg
Socio-economic indicators
The Northwestern Economic Region accounted for 5% of the national GRP in 2008. With its Baltic port and proximity to Finland, this region and its chief city St. Petersburg have always been a Russian window on the west. Its history is very different from that of Moscow and other parts of the Russian Federation. This is reflected in the positive outlook of many residents. The evaluation of the current economy is unusually high by Russian standards, and so too is the expectation of life improving. The region is also a magnet for students seeking higher education.
While nominal income is well below the national average, to a significant extent this is compensated by the fact that the likelihood being paid is well above the national average. Moreover, those finding life bearable are also well above the national average. [2]
References
- v
- t
- e
- Droughts and famines
- Industrialization in the Russian Empire
- Economy of the Russian Empire after the abolition of serfdom
- Soviet Union
- Privatization
- Financial crises
- Monetary reforms in Russia (1991
- 1993
- 1998
- 2022)
- National Priority Projects
- Stabilization Fund
- Great Recession in Russia
- Medvedev modernisation programme
- Impact of the COVID-19 pandemic
- Russian ruble (Digital ruble)
- Account Chamber
- Banking (Banks
- Central Bank of Russia
- SWIFT ban against Russian banks)
- Federal budget
- Federal Treasury
- Moscow Exchange
- National Card Payment System
- Federal Compulsory Medical Insurance Fund
- Pension and Social Insurance Fund
- Social Insurance Fund
- Stock market
- Taxation
- Excise stamps
- Billionaires
Category
Commons