In order to improve the quality of life in this region, the administration of the Smolensk Region is tasked with ensuring economic growth. That includes the development of our knowledge, investment climate, innovation effort, and technological advancement.

High investment activity is a necessary condition for economic development. In this regard, the main objective of Smolensk's investment policy is to increase the attractiveness in our region and create favorable conditions for business development. The implementation of this policy should result in the growth of investment resources, and that would allow us to develop production capacity, improve the competitive position of the region, and solve any social problems.

Governor of Smolensk Region
Alexei Ostrovsky
 
  • Administrative center

    Smolensk

  • Federal district

    Central

  • Distance to Moscow

    369 km

  • Timezone

    UTC+4/MSK

  • Population

    0.97 million people

    3.30% english speaking population

  • Area of the Region

    49,8 thousand sq km

 

Economic performance

  • Gross Regional Product

    225,59 billion
    ₽ 232,2 thousand per person
  • Foreign Direct Investment

    $ 52,10 million
    $ 54 per person
  • Fixed investment

    56,75 million
    ₽ 58 724 per person
  • Unemployment rate

    5,10 %
  • Percentage of profitable companies

    61,60 %
  • Average cost of living

    8 695
  • Average monthly wage

    22 279
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

  •  

    Smolensk

    331 K people

  •  

    Roslavl

    52 K people

  •  

    Yarcevo

    46 K people

  •  

    Safonovo

    44 K people

 

Border countries

  • Belarus
 
Sunny days Average annual rainfall
258 721 mm
Average January temperature Average July temperature
-6,1°С 21,9°С
Agricultural period Snow cover duration
5 months 4 months
Natural area
Mixed forest
 

Natural resources

  • Mineral resources

    Clay
    64474 thousand m3
    Sand
    49052 thousand m3
    Gravel
    370656 thousand m3
  • Combustible resources

    Turf
    303 million t
    Brown coal
    360 million t
  • Other resources

    Forest resources The total area of forests of Smolensk region is 2184,6 thousand hectares, the Total stock of hardwood - 323,55 mln.m3
    The forests are dominated by deciduous breeds (75%), dominated by deciduous birch stands (61 %).

 
 

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