Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

 
 
Source
Central bank

Central Bank of Russia

International Reserves

US$ 497.41 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 2.022 trillion (2011 estimate)

GDP (Purchasing Power Parity)

2.511 trillion of International dollars (2011 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
5.1% 4.7% 7.3% 7.2% 6.4% 8.2% 8.5% 5.2%
2009 2010 2011 2012*        
-7.8% 4.3% 4.3% 4%        

*Estimate

GDP per capita - current prices

US$ 14,246 (2011 estimate)

GDP per capita - PPP

$17,691 International Dollars (2011 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 2.67% 3% 3.01%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 4.2% 
  • industry: 37% 
  • services: 58.9% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
11.7%(2008) 6.9% 8.4% 4.8%

*Estimate

Unemployment rate
2009 2010 2011 2012*
8.4% 7.5% 6.5%(2009) 6%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
7.9% 11% 11.7% 9.6% 8.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
4.9% -6.3% -3.5% 1.6% 0.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BBB

Moody's rating: Baa1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$861.4 billion US$1.005 trillion US$796.4 billion
Largest companies in Russia

UC Rusal (Aluminum), Norilsk Nickel (Diversified Metals & Mining), Polyus Gold (Diversified Metals & Mining), IDGC Holding (Electric Utilities), RusHydro (Electric Utilities), Federal Grid (Electric Utilities), Inter Rao (Electric Utilities), Magnit (Food Retail), Novolipetsk Steel (Iron & Steel), Severstal (Iron & Steel), Mechel (Iron & Steel), Magnitogorsk Iron & Steel (Iron & Steel), X5 Retail Group (Iron & Steel), TMK (Iron & Steel), Gazprom (Oil & Gas Operations), Lukoil (Oil & Gas Operations), Rosneft (Oil & Gas Operations), TNK-BP Holding (Oil & Gas Operations), Surgutneftegas (Oil & Gas Operations), Tatneft (Oil & Gas Operations), Novatek (Oil & Gas Operations), Transneft (Oil Services & Equipment), Sberbank (Regional Banks), VTB Bank (Regional Banks), Bank of Moscow (Regional Banks), Uralkali (Specialized Chemicals), Sistema JSFC (Telecommunications Services), Rostelecom (Telecommunications services) (2012)

 
 
Source
Current account balance

US$ 96.4 billion (2011 estimate)(After 2008)

Current account balance by percentage of GDP

4.8% of GDP (2011 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

30% (2010)

(Data released on April 2012)

Shares in world total merchandising export

2.86%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

1.28% (2011)(2007)

(Data were released in 2012)

Total exports

US$530.7 billion (2012 estimate) 

Export commodities

petroleum and petroleum products, natural gas, metals, wood and wood products, chemicals, and a wide variety of civilian and military manufactures

Total imports

US$335.4 billion (2012 estimate) 

 
 
Source
Import commodities

machinery, vehicles, pharmaceutical products, plastic, semi-finished metal products, meat, fruits and nuts, optical and medical instruments, iron, steel

Exports - major partners

Netherlands 12.3%, China 6.5%, Italy 5.6%, Germany 4.6%, Poland 4.3% (2011)

Imports - major partners

China 15.6%, Germany 10%, Ukraine 6.6%, Italy 4.3% (2011)

FDI inflows
2009 2010 2011
US$36,500 million US$43,288 million(2009) US$52,878 million(2009)
FDI outflows
2009 2010 2011  
US$43,665 million US$52,523 million US$67,283 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$16,634 million US$7,599 million(2009) US$3,866 million(2009) US$5,084 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

OAO “Vympel-Kommunikatsii” (Vimpelkom), ZAO “Kyivstar GSM”, Ukraine, $5.5 billion

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Polyus Zoloto, Polyus Zoloto, Russian Federation, $6.3 billion(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 112 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 101 out of 185 countries(2009)

Enforcing Contracts: 11 out of 185 countries

Registering Property: 46 out of 185 countries

Getting credit: 104 out of 185 countries

Protecting investors: 117 out of 185 countries

Trading across border: 162 out of 185 countries

Paying Taxes: 64 out of 185 countries

Dealing with Construction Permits: 178 out of 185 countries

Getting Electricity: 184 out of 185 countries

Resolving Insolvency: 53 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

67

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 144 Score: 50.5 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

17,098,242 km2 (2006)

Capital

Moscow (2009)

Currency

Russian rubles (RUB) (2009)

Government type

federation (2009)

Languages

Russian, many minority languages

Religions

Russian Orthodox 15-20%, Muslim 10-15%, other Christian 2% (2006 estimate)

Total population
1980 1990 2000 2012* 2017**
N/A 147.7 million 144.8 million 141.92 million 139.42 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
53.8% 69.8% 73.4% 73.8%
Population median age

38 years (2010)

Population growth rate

0% (2011)

Life expectancy

69 years (2010)

Adult literacy

100% (2005/2010)

% of population living on less than $2 a day

<2% (2011)

Inequality of wealth distribution (Gini index)

40.11 (2009)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:5 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

210.24% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

49% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Moscow: 4th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

11.0048 (Data were released in 2012 and refer to 2009)

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