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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