Russia PESTLE Insights - A Macroeconomic Outlook Report

Russia PESTLE Insights - A Macroeconomic Outlook Report

Summary

Mining, manufacturing and utilities contributed 31.8% to Russia’s gross value added (GVA) in 2021, followed by financial intermediation, real estate and business activities (20.9%), and wholesale, retail and hotels (13.8%). In nominal terms, the three sectors grew by 3.1%, 3.4% and 2.5%, respectively, in 2022.

Metropolitan areas of Moscow and Saint Petersburg account for nearly 19.6% of Russia’s population and 36.1% of its GDP in 2021, according to GlobalData’s cities database

The overall IMOEX index recorded a downward trend over past year. As of December 21, 2022, the Moscow Stock Market Index - IMOEX stood at 2,128.1, compared to 3,693.0 on December 21, 2021.

Scope

• Russia has formulated a comprehensive plan for modernization and expansion of trunk infrastructure, expected to be completed by 2024​

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.