IMD World Competitiveness Booklet 2021
COMPETITIVENESS TRENDS - OVERALL RUSSIA
OVERALL PERFORMANCE (64 countries)
BASIC FACTS Capital Land area (square km '000)
Rank
Moscow
2017 2018 2019 2020 2021
17,098 2020 72.105 2020 146.20 2020 1,478.5 2020 28,020 2020 -3.1 2020 3.38 2020 5.80 2020 74.92 2020 2.20 2020 463.9 2019 1.90 2019
45
45
45
46
Exchange Rate (per $)
50
6
Population - market size (millions)
CHALLENGES IN 2021 Speeding up economic growth (for the past decade it was less than half of global average). • Speeding up economic growth (for the past decade it was less than half of global average). • Fighting poverty and inequality: while some regions like Moscow or oil-rich Tyumen have achieved significant progress, most of the country lags far behind. • Fight declining demography through organic growth and migration, which may bring social tension. • Overhaul infrastructure, especially transport. Russia’s logistics are inadequate for the world’s largest country. • Develop modern digital economy through a stream of market- driven world-class innovations. Pr vided by: Moscow School of Management Skolkovo Moscow School of Management Skolkovo
11
Gross Domestic Product (GDP) (US$ billions)
43
GDP (PPP) per capita (US$)
20
Real GDP growth (%)
55
Consumer price inflation (%)
28
Unemployment rate (%)
6
Labor force (millions)
28
Current account balance (% of GDP)
17
Direct investment stocks inward ($bn)
36
Direct investment flows inward (% of GDP)
COMPETITIVENESS LANDSCAPE
Economic Performance
Government Efficiency
Business Efficiency
Infrastructure
Domestic Economy
International Trade
International Investment Employment Prices
Public Finance
Tax Policy
Institutional Framework Business Legislation
Societal Framework
Productivity & Efficiency Labor Market Finance
Management Practices
Attitudes and Values
Basic Infrastructure
Technological Infrastructure Scientific Infrastructure
Health and Environment Education
16
22 25
24
27
33
35
38
39 42
42
47
48
53
54
56
56
57 59
58
PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)
POPULATIONS > 20 MILLION (29 countries)
2017 2018 2019 2020 2021
2017 2018 2019 2020 2021
18
30
30
30
30
19
19
20
21
34
99
IMD WORLD COMPETITIVENESS BOOKLET 2021
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