Invest in Smolensk Region

Smolensk Region

Administrative center Smolensk
rating
2019 year
IC6
Administrative center Smolensk
rating
2019 year
IC6
According to the Rosstat
Area
49,779 km²
Climate
Temperate
Average temperature
January -4.5°C
July +18.7°C

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

Gross Regional Product
0.40 %
CAPEX
0.40 %
Agricultural products
0.50 %
Retail turnover
0.50 %
Extractive industries
0.01 %
Manufacturing industries
0.47 %
Electricity supply
0.98 %
Water supply
0.74 %
GRP Structure
Manufacturing
21.60
Wholesale and retail trade; repair of motor vehicles and motorcycles
17.20
Electricity, gas, steam and air conditioning supply
12.50
Transportation and storage
10.30
Public administration and defence; compulsory social security
6.30
Human health and social work activities
5.50
Agriculture, forestry and fishing
4.70
Construction
4.50
Real estate activities
4.50
Education
4.10
Information and communication
1.70
Professional, scientific and technical activities
1.70
Administrative and support service activities
1.70
Accommodation and food service activities
1.00
Water supply; sewerage, waste management and remediation activities
0.80
Arts, entertainment and recreation
0.60
Financial and insurance activities
0.60
Other service activities
0.40
Mining and quarrying
0.30
Activities of households as employers
0.00

Structure of foreign trade of the region

Export
54.50%
to the CIS countries
45.50%
to other foreign countries
Import
77.70%
from the CIS countries
22.30%
from other foreign countries
Population
2019
942.36 thou. people
-0.74 %
Urban population
2019
677.02 thou. people
-0.83 %
Rural population
2019
265.34 thou. people
-0.49 %
GRP
2018, current prices
312.86 bn RUB
+7.33 %
GRP per capita
2018, current prices
330.77 thou. RUB
+7.95 %
GRP physical volume index
20172018100.00%102.00%104.00%106.00%108.00%110.00%
Direct foreign investments
2018
255.00 mln USD
+71.14 %
CAPEX
2019
69.36 bn RUB
-2.18 %
Index of physical volume of CAPEX
20162017201890.00%96.00%102.00%108.00%114.00%120.00%
Average monthly salary
2019
26,269 RUB
-15.99 %
Inflation
2019
2.18 %
-2.72 p. p.
Consumer price index
2017201820192.00%2.60%3.20%3.80%4.40%5.00%
Unemployment rate
2019
5.20 %
+0.10 p. p.
Average electricity tariff
2019
3.87 RUB
+2.38 %
Industrial production index
20172018201980.00%88.00%96.00%104.00%112.00%120.00%
Depreciation of fixed assets
2018
52.20 %
+0.71 %
Retail volume
2019
177.22 bn RUB
+4.42 %
Retail volume per capita
2019
188,805.00 RUB
+5.22 %