Receive our newsletter – data, insights and analysis delivered to you
19 February, 2021updated 30 Oct 2021 05:07

Investing in Russia: what you need to know

All of the key data and information needed when considering investing in Russia.

By Carmen

As of 2021, Russia has a population of 144.1 million, making it the ninth largest country in the world by this measure. There are 46.4% males and 53.6% females.

There are 67.6 million people employed in Russia, with an unemployment rate of 5.7% – 3.5 million people.


Russia is the 12th largest economy in the world with a GDP of $1.5trn. Russia’s GDP has grown by 4% between 2010 and 2021 and is expected to grow by 35% by 2025.

As of 2021 there are 5.3 million students in tertiary education in Russia, with 11.0 million students in secondary and 6.9 million in primary education. Russia spent 2.8% of its GDP on education in 2019.

Russia ranked 28th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 31st. In the World Economic Forum’s Global Competitiveness Report (2019), Russia finished 43rd, after ranking 43rd in 2018.

Public healthcare expenditure totalled $51.3bn and private healthcare expenditure equalled $36.7bn in 2018.

Content from our partners
Why businesses seeking international expansion are choosing Leipzig
Costa Rica’s rise in delivering agile services to the world’s largest enterprises
How investing in Scotland can help to drive a low-carbon future

The largest urban areas in Russia are Moscow (21.2 million people), Saint Petersburg (7.5 million) and Novosibirsk (1.7 million).

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Data, analysis and deep insights on foreign direct investment delivered to you
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU