Invest in Chechen Republic

Chechen Republic

Capital Grozny
rating
2019 year
IC8
Capital Grozny
rating
2019 year
IC8
According to the Rosstat
Area
15,647 km²
Climate
Mountain
Average temperature
January -1.5°C
July +25.7°C

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

Gross Regional Product
0.20 %
CAPEX
0.40 %
Agricultural products
0.50 %
Retail turnover
0.50 %
Extractive industries
0.03 %
Manufacturing industries
0.02 %
Electricity supply
0.27 %
Water supply
0.15 %
GRP Structure
Wholesale and retail trade; repair of motor vehicles and motorcycles
15.80
Public administration and defence; compulsory social security
15.70
Construction
14.80
Education
12.50
Agriculture, forestry and fishing
11.10
Human health and social work activities
9.20
Transportation and storage
3.90
Accommodation and food service activities
3.60
Manufacturing
3.00
Information and communication
2.10
Electricity, gas, steam and air conditioning supply
1.60
Real estate activities
1.60
Arts, entertainment and recreation
1.60
Mining and quarrying
1.20
Professional, scientific and technical activities
1.00
Administrative and support service activities
0.60
Water supply; sewerage, waste management and remediation activities
0.40
Other service activities
0.30
Financial and insurance activities
0.00
Activities of households as employers
0.00

Structure of foreign trade of the region

Export
33.33%
to the CIS countries
66.67%
to other foreign countries
Import
19.12%
from the CIS countries
80.88%
from other foreign countries
Population
2019
1,456.95 thou. people
+1.39 %
Urban population
2019
534.88 thou. people
+6.72 %
Rural population
2019
922.07 thou. people
-1.47 %
GRP
2018, current prices
193.08 bn RUB
+7.90 %
GRP per capita
2018, current prices
133.44 thou. RUB
+6.33 %
GRP physical volume index
201720182019100.00%102.00%104.00%106.00%108.00%110.00%
Direct foreign investments
2020
0.03 mln USD
CAPEX
2020
76.00 bn RUB
-8.04 %
Index of physical volume of CAPEX
201620172018201990.00%94.00%98.00%102.00%106.00%110.00%
Average monthly salary
2020
29,771 RUB
+28.05 %
Inflation
2019
2.97 %
-0.56 p. p.
Consumer price index
20172018201920202.00%2.80%3.60%4.40%5.20%6.00%
Unemployment rate
2020
18.50 %
+5.00 p. p.
Average electricity tariff
2021
2.81 RUB
Industrial production index
201720182019100.00%104.00%108.00%112.00%116.00%120.00%
Depreciation of fixed assets
2019
51.90 %
+32.40 %
Retail volume
2019
176.23 bn RUB
+5.19 %
Retail volume per capita
2019
120,058.00 RUB
+3.69 %