Russian cities and regions guide.

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According to World Urbanization Prospects 2018 of the United Nations, by 2050, the population of Russia will be about 132.7 million people, of which 110.6 million - in cities (83.3%). The rural population will decrease from 36.7 to 22.1 million. In 2017, the population of Russia was 144.5 million. The European Bank for Reconstruction and Development has worsened the economic forecast for Russia's GDP growth. In 2018 and 2019, the growth rate of the Russian economy will remain at the level of 2017 - about 1.5%. The main risks are the same and related to oil prices, the lack of business reforms and geopolitical tensions. In March 2018, according to the Central Bank of Russia, the average rate on mortgage housing loans in rubles reached a record low - 9.64%. In total, 118,700 loans were granted for 234.7 billion rubles. Thus, on average, one loan amounted to 2 million rubles (33,000 USD). In 2017, mortgage rates in Russia for the first time fell below 10%. In Q1 2018, according to autostat.ru, 294,700 foreign cars were sold in Russia, 22,3% more than in Q1 2017. The most popular models: Kia Rio (25,370, +20.2%), crossover Hyundai Creta (15,764, +39%), sedan Hyundai Solaris (14,470, +14.2%), sedan Volkswagen Polo (11,558, +14.4%), crossover Renault Duster (10,270, +19.4%). According to GoCompare.com, residents of Moscow spend the most time in Europe in traffic jams (91 hours per year), ahead of London (73) and Paris (65). In the top 10 there are four other Russian cities: Krasnodar (56), St. Petersburg (53), Sochi (49), Nizhny Novgorod (47). More notes from Russia »
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chris asks: Is there a ladies clothes shop in Syktyvkar, Komi Republic, Russia called "Reserved"
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Featured Russian city: Sochi

Sochi

Sochi, Russia

Sochi is Russia's only subtropical resort city located in Krasnodar krai, on the northeast coast of the Black Sea, 1,620 km south of Moscow. Sochi is informally referred to as the summer, the southern and... More...

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