Economy
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Dagestan records the highest growth in prices for new apartments in Russia
Economy
Dagestan records the highest growth in prices for new apartments in Russia
Published: 28 October 2024

From 2021 to the end of 2023, prices for new apartments in Dagestan increased by 193%. The region became the leader in the country in this indicator. There are only 20.9 square meters of housing under construction per 100 residents of the republic.
Ingushetia and Chechnya are at the bottom of the scientific and technological development rating
Economy
Ingushetia and Chechnya are at the bottom of the scientific and technological development rating
Published: 28 October 2024

The last lines in the RIA Novosti rating for scientific and technological development were Ingushetia, the Jewish Autonomous Region, Chechnya, Khakassia and Karachay-Cherkessia.
The regions of the North Caucasus Federal District took the last places in terms of purchasing power of the population
Economy
The regions of the North Caucasus Federal District took the last places in terms of purchasing power of the population
Published: 21 October 2024

The lowest ratio of income to the cost of a fixed set of consumer goods and services was recorded in Ingushetia. There, the average salary is 23.3 thousand rubles, for which you can buy 1.19 sets of goods and services.
Chechnya and Dagestan are among the leaders in terms of tourist flow dynamics
Economy
Chechnya and Dagestan are among the leaders in terms of tourist flow dynamics
Published: 17 October 2024

The fastest growing destinations in Russian domestic tourism are Tuva (+78%), Chechnya (+66%), Dagestan (+46%), Ryazan Oblast (+46%) and Yakutia (+40%). This was announced by Russian Deputy Prime Minister Dmitry Chernyshenko at a meeting of the president with members of the government.
The North Caucasus has seen a drop in the growth rate of tourist flow
Economy
The North Caucasus has seen a drop in the growth rate of tourist flow
Published: 14 October 2024

In 2024, the growth rate of tourist flow fell in the republics of the North Caucasus. At the same time, the district itself will consistently attract interest from tourists in the next 10-15 years. This was stated by the vice-president of the Alliance of Travel Agencies Association, Aleksan Mkrtchyan, during a speech at the North Caucasus Tourism Forum in Derbent.
The lowest level of material well-being of the population in the Russian Federation was recorded in the regions of the North Caucasus Federal District
Economy
The lowest level of material well-being of the population in the Russian Federation was recorded in the regions of the North Caucasus Federal District
Published: 14 October 2024

The regions of the North Caucasus were named outsiders in the rating of material well-being of the population, published by RIA Novosti. The worst situation is in Ingushetia, which occupies the last, 85th place. Karachay-Cherkessia is in 83rd place.
Less than 5% of residents of Chechnya and Dagestan can take out a mortgage for an apartment
Economy
Less than 5% of residents of Chechnya and Dagestan can take out a mortgage for an apartment
Published: 7 October 2024

In Karachay-Cherkessia, Dagestan and Chechnya, buying a typical two-room apartment on a mortgage is available to less than 5% of the population. The figure is lower only in Sevastopol (2.8%) and Crimea (2.3%), according to the RIA Novosti rating.
Among large Russian cities, the lowest purchasing power of the population is in Nalchik and Grozny
Economy
Among large Russian cities, the lowest purchasing power of the population is in Nalchik and Grozny
Published: 30 September 2024

The average resident of Nalchik, the capital of Kabardino-Balkaria, can afford to buy only 2.2 consumer sets for the average salary. A resident of the capital of Chechnya - 2.27. This is the last and penultimate places in terms of purchasing power of the population among the top 100 large cities in the country.
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Azerbaijan says its side of infrastructure for Trump Route is largely complete
11 August 2026

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Economy
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Russia brings back Euro 2 fuel as North Caucasus remains at the center of a gasoline crisis
Economy
Russia brings back Euro 2 fuel as North Caucasus remains at the center of a gasoline crisis
6 August 2026

The Russian government has authorized the production, import and sale of Euro 2, Euro 3 and Euro 4 gasoline until July 1, 2027, temporarily reversing environmental standards that had phased out older fuel grades. The move comes amid a nationwide fuel shortage that has hit Russia’s North Caucasus particularly hard, with motorists facing gasoline shortages, long queues at filling stations, purchase limits and sharp price increases throughout the summer.