Investment in Moscow: Investment climate factors

Moscow is the biggest consumer market in Russia and Eastern Europe

The Moscow population is more than 12 million people, which is almost 17 million* together with the Moscow agglomeration, or 11% of Russian population (No. 16 in the world in terms of urban agglomerations' population).

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Population of urban agglomerations in April 2017, million people.

Sources: Demographia World Urban Areas.

*According to some estimates, the population of the Moscow agglomeration may reach 20 million people.

According to consumer spending in 2016 (USD 156.2 billion) Moscow ranks3 among European cities and is included in the ranking of the world's twenty largest consumer markets.

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Consumer spending in European cities in 2016, USD, billion

Source: Euromonitor International, Mosgorstat

The retail sales volume in Moscow exceeded 4,3 trillion rubles in 2016. (USD 64 billion) Moscow accounts for 15% of Russian retail trade.

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Moscow share in Russia's retail trade in 2016,%

Sources: Rosstat, calculations of the Moscow City Investment Agency.

High income of population

In 2016, the average monetary income per capita in Moscow amounted to about 59.1 thousand rubles.  per month (USD 881 according to the average annual rate of the Bank of Russia), with an average income in Russia of about 30.7 thousand rubles. (USD 458)

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Average monetary income per capita in 2016, USD* per month/m

* According to the average annual US dollar exchange rate of the Bank of Russia

Source: Rosstat

The amount of funds deposited by individuals in Moscow credit institutions as of July 1, 2017 is about 717 thousand rubles (12 thousand US dollars) per capita.

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The amount of funds deposited by individuals, at the period end, thousand rubles.

Source: Bank of Russia, calculations of the Moscow City Investment Agency

Sustainable effective demand

The monetary expenditures of the Moscow population in 2016 exceeded 10 trillion rubles; the average annual growth rate over the past six years is about 7.6% per year.

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Monetary expenditures of Moscow population, trillion rubles.

Sources: Mosgorstat

Moscow is characterized by a relatively low credit load of the population, i. e. the loan debt to individual deposits ratio as of May 1, 2017 is less than 15%.

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Loan debt to individual deposits ratio, as of May 1, 2017, %

Sources: Bank of Russia, calculations of the Moscow City Investment Agency

Population of urban agglomerations in April 2017, million people.

Source: Demographia World Urban Areas

Consumer spending in European cities in 2016, USD, billion

Source: Euromonitor International, Mosgorstat

Moscow share in Russia's retail trade in 2016,%

Sources: Rosstat, calculations of the Moscow City Investment Agency

Average monetary income per capita in 2016, USD* per month

*According to the average annual US dollar exchange rate of the Bank of Russia.

Source: Rosstat

The amount of funds deposited by individuals, at the period end, thousand rubles.

Source: Bank of Russia, calculations of the Moscow City Investment Agency

Monetary expenditures of Moscow population, trillion rubles.

Source: Mosgorstat

Loan debt to individual deposits ratio, as of May 1, 2017, %

Source: Bank of Russia, calculations of the Moscow City Investment Agency