Socio-Economic Development in the Regions: 2018 Results

Natalia V. Zubarevich – Main Researcher of the Russian Presidential Academy of National Economy and Public Administration, Doctor of Geographic Sciences, Professor (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Against the background of a more sustainable growth of industrial production than a year ago investments contracted in more than 40% of the subjects of the Russian Federation and as before concentrate in the metropolitan agglomeration and oil and gas producing regions. Housing construction continued downward trend in more than half of the regions and household cash income was falling in nearly ¾ of territories. Notable revenue growth of regional budgets was due not only to the growth of tax revenues but to transfers up 22%. This fact leads to a decline by three-fold of the number of regions with budget deficits and a reduction of debt burden, although debt volume decreased only by 4%.

Key words: RF regions, socio-economic situation of regions, regional budgets.