Regions with the highest living standards named



April 19th. FINMARKET.RU – Moscow topped the rating of 25 leading regions in socio-economic and economic development at the end of 2020. This is stated in the integral rating compiled by the Civil Society Development Fund based on data from Rosstat, Roskazna, the Ministry of Finance and the Federal Tax Service, Izvestia writes. The assessment indicators were nine criteria, including the average monthly wage and the cost of the consumer basket (the authors of the study called their ratio the “minimum cost of living”), as well as the industrial production index and the ratio of debt to the federal center with regional budget revenues, and so on. At the same time, Moscow does not have the first places in any of them. The best indicators of the capital are two second places in “The ratio of the amount of the state debt of a constituent entity of the Russian Federation to the amount of consolidated budget revenues” and “The ratio of the amount of the state debt of a constituent entity of the Russian Federation to the amount of VAT received by the federal budget from the region”. The FORGO experts placed Moscow in fourth place in terms of wages, fifth in relation to earnings to the cost of a consumer basket, and 64th in terms of the dynamics of gross regional product adjusted for inflation.

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