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$ 468.797 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 2.092 trillion (2014 estimate)

GDP (Purchasing Power Parity)

2.630 trillion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2020
7.3% 7.2% 6.4% 8.2% 8.5% 5.2% -7.8% 4.5%
2011 2012 2013 2014*        
4.3% 3.4% 1.3% 1.3%        

*Estimate

GDP per capita - current prices

US$ 14,645 (2014 estimate)

GDP per capita - PPP

$18,408 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
N/A N/A 2.62% 2.96% 2.89%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 4.2% 
  • industry: 37.5% 
  • services: 58.3% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
8.4% 5.1% 6.8% 5.8%

*Estimate

Unemployment rate
2011 2012 2013 2014*
6.5% 5.5% 5.5% 6.2%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
11.0% 11.7% 12.7% 13.4% 13.0%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-3.4% 1.5% 0.4% -1.3% -0.7%

*Estimate  

Government bond ratings

Standard & Poor's: BBB-

Moody's rating: Baa1

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
US$1.005 trillion US$796.4 billion US$874.7 billion

*2010 Estimate      **2012 Estimate   

Largest companies in Russia

Gazprom, Rosneft, Sberbank, LukOil, Surgutneftegas, VTB Bank, Transneft, Sistema, Novatek, Norilsk Nickel, Tatneft, MegaFon, Magnit, IDGC Holding, RusHydro, Rostelecom, Uralkali, Alrosa, Novolipetsk Steel, Severstal, Inter Rao, UC Rusal, Mail.ru Group Ltd. Sponsored GDR RegS, Nomos Bank, X5 Retail Group, Mechel, Federal Grid of UES, Magnitogorsk Iron & Steel

 
 
Source
Current account balance

US$ 44.901 billion (2014 estimate)

Current account balance by percentage of GDP

2.146% of GDP (2014 estimate)

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

28.4% (2013)

Shares in world total merchandising export

2.88% (2012)

Shares in world total commercial services export

1.33% (2012)

Total exports

US$515 billion (2013 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$341 billion (2013 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 14.6%, China 6.8%, Germany 6.8%, Italy 6.2%, Turkey 5.2%, Ukraine 5.2%, Belarus 4.7% (2012 est.)

Imports - major partners

China 16.6%, Germany 12.2%, Ukraine 5.7%, Japan 5%, United States 4.9%, France 4.4%, Italy 4.3% (2012 est.)

FDI inflows
2011 2012 2013
US$55,084 million US$50,088 million US$79,262 million
FDI outflows
2011 2012 2013  
US$66,851 million US$48,822 million US$94,907 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
US$3,875 million US$4,943 million US$8,302 million US$56,158 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Sberbank Rossii, Dexia SA, Belgium, 3.9

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

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Rosneftegaz, BP PLC, United Kingdom, 27.0; Rosneftegaz, Alfa Petroleum Holdings and OGIP Ventures, British Virgin Islands, 27.0; Russian Federation, VTB Group, Investment AB Kinnevik, Sweden, 3.6

(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 92 out of 189 countries (2013)

Subcategories:

Starting a business: 88 out of 189 countries

Enforcing Contracts: 10 out of 189 countries

Registering Property: 17 out of 189 countries

Getting credit: 109 out of 189 countries

Protecting investors: 115 out of 189 countries

Trading across border: 157 out of 189 countries

Paying Taxes: 56 out of 189 countries

Dealing with Construction Permits: 178 out of 189 countries

Getting Electricity: 117 out of 189 countries

Resolving Insolvency: 55 out of 189 countries

(2013)

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

53

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 140 Score: 51.9 (Mostly Unfree) (2014)

(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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