Northwestern Economic Region | |
Native Name: | Се́веро-За́падный Экономи́ческий Райо́н |
Settlement Type: | Economic region |
Subdivision Type: | Country |
Subdivision Type2: | Largest city |
Population Footnotes: | (2021) |
Area Total Km2: | 195247 |
Population Total: | 8785379 |
Population Density Km2: | auto |
Demographics Type2: | GDP |
Demographics2 Title1: | Total |
Demographics2 Info1: | ₽ 13,230 billion US$ 192.610 billion (2022) |
The Northwestern Economic Region (ru|Се́веро-За́падный Экономи́ческий Райо́н; tr.: Severo-Zapadny Ekonomichesky Rayon) is one of twelve economic regions of Russia.
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. [1]