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Northwestern Economic Region

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Northwestern Economic Region
Се́веро-За́падный Экономи́ческий Райо́н
Economic region
Saint Petersburg, the largest city in the region
Saint Petersburg, the largest city in the region
Map of Northwestern economic region
Map of Northwestern economic region
Country Russia
Largest citySaint Petersburg
Area
 • Total195,247 km2 (75,385 sq mi)
Population
 • Total8,785,379
 • Density45/km2 (120/sq mi)
GDP
 • Total 13,230 billion
US$ 192.610 billion (2022)

The Northwestern Economic Region (Russian: Се́веро-За́падный Экономи́ческий Райо́н; tr.: Severo-Zapadny Ekonomichesky Rayon) is one of twelve economic regions of Russia.

Composition

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Socio-economic indicators

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The Northwestern Economic Region accounted for 5% of the national GRP in 2008. With its Baltic port and proximity to Finland, this region and its chief city St. Petersburg have always been a Russian window on the west. Its history is very different from that of Moscow and other parts of the Russian Federation. This is reflected in the positive outlook of many residents. The evaluation of the current economy is unusually high by Russian standards, and so too is the expectation of life improving. The region is also a magnet for students seeking higher education.

While nominal income is well below the national average, to a significant extent this is compensated by the fact that the likelihood being paid is well above the national average. Moreover, those finding life bearable are also well above the national average. [2]

References

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  1. ^ Валовой региональный продукт по субъектам Российской Федерации в 1998-2022 гг., rosstat.gov.ru
  2. ^ North-West Archived 2007-01-22 at the Wayback Machine