Dear Partners!

The Republic of Mordovia is above all considered as a territory of innovations. The region is developing due to the implementation of science-intensive technologies. In the last five years, the Republic of Mordovia has risen by 55 points in the rating of innovative development. For the last decade the volume of the Republic’s gross regional product increased twofold. Moreover, we will double our GRP in the forthcoming five years.

The Republic of Mordovia is actively participating in almost all federal development programs ― in part due to federal loans. By executing high-technology industrial projects and implementing modern agricultural technologies, the republic increases its own revenues and creates a solid foundation for further competitive development of its economy.

Head of Republic of Mordovia
Vladimir Volkov
 
  • Administrative center

    Saransk

  • Federal district

    Volga

  • Distance to Moscow

    513 km

    Moscow—Saransk — 1 hour

  • Timezone

    UTC+4/MSK0

  • Population

    0.81 million people

    1.90% english speaking population

  • Area of the Region

    26,1 thousand sq km

 

Economic performance

  • Gross Regional Product

    149,33 billion
    ₽ 183,15 thousand per person
  • Foreign Direct Investment

    $ 1,20 million
    $ 1,50 per person
  • Fixed investment

    55,29 million
    ₽ 68 217 per person
  • Unemployment rate

    4,20 %
  • Percentage of profitable companies

    70,40 %
  • Average cost of living

    6 997
  • Average monthly wage

    20 342
Gross Regional Product
GRP per capita
Foreign Direct Investment
Fixed investment
Fixed investment per capita
Unemployment rate
Average monthly wage
Percentage of profitable companies

Geographical location and climate

Largest cities

  •  

    Saransk

    326 K people

  •  

    Ruzayevka

    46 K people

  •  

    Kovylkino

    20 K people

 
 
Sunny days Average annual rainfall
150 550 mm
Average January temperature Average July temperature
-11°С 19°С
Natural area
Forest-steppe
Deciduous forest
 

Natural resources

  • Mineral resources

    Phosphorites
    0,05 million t
    Clay
    50 million m3
    Sand
    50 million m3
  • Combustible resources

    Turf
    80 thousand tonnes
  • Other resources

    Forest resources Forest lands cover 30% of the republic's territory

 
 

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