Invest in The Republic of Karelia

The Republic of Karelia

Capital Petrozavodsk
rating
2019 year
IC6
Capital Petrozavodsk
rating
2019 year
IC6
According to the Rosstat
Area
180,520 km²
Climate
Temperate
Average temperature
January -6.1°C
July +18.3°C

The share of the Region in the all-Russian basic economic indicators

Gross Regional Product
0.30 %
CAPEX
0.20 %
Agricultural products
0.10 %
Retail turnover
0.40 %
Extractive industries
0.46 %
Manufacturing industries
0.27 %
Electricity supply
0.45 %
Water supply
0.35 %
GRP Structure
Manufacturing
20.80
Mining and quarrying
17.10
Transportation and storage
11.30
Public administration and defence; compulsory social security
8.70
Human health and social work activities
7.00
Agriculture, forestry and fishing
6.10
Wholesale and retail trade; repair of motor vehicles and motorcycles
5.30
Real estate activities
5.30
Education
4.00
Construction
3.50
Electricity, gas, steam and air conditioning supply
2.80
Professional, scientific and technical activities
2.00
Administrative and support service activities
1.80
Information and communication
1.20
Water supply; sewerage, waste management and remediation activities
0.90
Accommodation and food service activities
0.90
Arts, entertainment and recreation
0.80
Financial and insurance activities
0.30
Other service activities
0.20
Activities of households as employers
0.00

Structure of foreign trade of the region

Export
4.26%
to the CIS countries
95.74%
to other foreign countries
Import
11.25%
from the CIS countries
88.75%
from other foreign countries
Population
2019
618.06 thou. people
-0.71 %
Urban population
2019
498.83 thou. people
-0.35 %
Rural population
2019
119.23 thou. people
-2.21 %
GRP
2018, current prices
280.01 bn RUB
+11.19 %
GRP per capita
2018, current prices
451.44 thou. RUB
+12.00 %
GRP physical volume index
20172018100.00%102.00%104.00%106.00%108.00%110.00%
Direct foreign investments
2018
31.00 mln USD
-81.76 %
CAPEX
2019
48.16 bn RUB
+0.09 %
Index of physical volume of CAPEX
20162017201890.00%96.00%102.00%108.00%114.00%120.00%
Average monthly salary
2019
34,434 RUB
-19.85 %
Inflation
2019
2.78 %
-1.52 p. p.
Consumer price index
2017201820192.00%2.60%3.20%3.80%4.40%5.00%
Unemployment rate
2019
7.40 %
-1.30 p. p.
Average electricity tariff
2019
3.52 RUB
+4.14 %
Industrial production index
201720182019100.00%102.00%104.00%106.00%108.00%110.00%
Depreciation of fixed assets
2018
49.60 %
+3.10 %
Retail volume
2019
129.12 bn RUB
+6.00 %
Retail volume per capita
2019
209,593.00 RUB
+6.72 %