Invest in Novgorod Region

Novgorod Region

Administrative center Velikiy Novgorod
rating
2019 year
IC5
Administrative center Velikiy Novgorod
rating
2019 year
IC5
According to the Rosstat
Area
54,501 km²
Climate
Temperate
Average temperature
January -4.0°C
July +19.4°C

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

Gross Regional Product
0.40 %
CAPEX
0.30 %
Agricultural products
0.50 %
Retail turnover
0.40 %
Extractive industries
0.01 %
Manufacturing industries
0.45 %
Electricity supply
0.38 %
Water supply
0.28 %
GRP Structure
Manufacturing
33.20
Wholesale and retail trade; repair of motor vehicles and motorcycles
10.10
Agriculture, forestry and fishing
7.80
Transportation and storage
7.30
Construction
7.10
Real estate activities
6.70
Electricity, gas, steam and air conditioning supply
6.20
Public administration and defence; compulsory social security
5.70
Human health and social work activities
4.60
Education
3.20
Professional, scientific and technical activities
1.60
Information and communication
1.40
Accommodation and food service activities
1.20
Arts, entertainment and recreation
1.20
Water supply; sewerage, waste management and remediation activities
0.90
Administrative and support service activities
0.80
Mining and quarrying
0.40
Other service activities
0.40
Financial and insurance activities
0.20
Activities of households as employers
0.00

Structure of foreign trade of the region

Export
9.05%
to the CIS countries
90.95%
to other foreign countries
Import
4.15%
from the CIS countries
95.85%
from other foreign countries
Population
2019
600.30 thou. people
-1.02 %
Urban population
2019
428.23 thou. people
-0.52 %
Rural population
2019
172.06 thou. people
-2.23 %
GRP
2018, current prices
262.01 bn RUB
+3.70 %
GRP per capita
2018, current prices
434.23 thou. RUB
+4.75 %
GRP physical volume index
20172018201990.00%94.00%98.00%102.00%106.00%110.00%
Direct foreign investments
2020
1,133.87 mln USD
CAPEX
2020
42.24 bn RUB
-5.56 %
Index of physical volume of CAPEX
201620172018201960.00%70.00%80.00%90.00%100.00%110.00%
Average monthly salary
2020
34,169 RUB
+16.57 %
Inflation
2019
2.54 %
-2.38 p. p.
Consumer price index
20172018201920202.00%2.80%3.60%4.40%5.20%6.00%
Unemployment rate
2020
5.80 %
+2.20 p. p.
Average electricity tariff
2021
4.52 RUB
Industrial production index
20172018201990.00%94.00%98.00%102.00%106.00%110.00%
Depreciation of fixed assets
2019
50.10 %
+9.87 %
Retail volume
2019
120.51 bn RUB
+4.50 %
Retail volume per capita
2019
201,392.00 RUB
+5.37 %