Economy
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The regions of the North Caucasus Federal District were at the bottom of the ranking of the socio-economic situation
Economy
The regions of the North Caucasus Federal District were at the bottom of the ranking of the socio-economic situation
Published: 15 May 2023

Ingushetia took 81st place out of 85 in the ranking of the socio-economic situation of Russian regions in 2022. Karachay-Cherkessia - 80th place.
The resumption of flights with Georgia may reduce tourism within Russia
Economy
The resumption of flights with Georgia may reduce tourism within Russia
Published: 12 May 2023

Direct flights between the Russian Federation and Georgia, which will come into force on May 15 and have been canceled since 2019, can hit the tourist flow in Russia hard.
In the North Caucasus, Islamic banking is planned to be launched from the summer season
Economy
In the North Caucasus, Islamic banking is planned to be launched from the summer season
Published: 12 May 2023

The start of the Islamic banking experiment in Dagestan, Chechnya and other regions was postponed to the summer. This was announced at the St. Petersburg International Legal Forum.
Apartments in Grozny and Makhachkala have risen in price
Economy
Apartments in Grozny and Makhachkala have risen in price
Published: 11 May 2023

In April, the price per square meter in new buildings rose the most in Sochi (+7.4%). An increase was also noted in Volzhsky (+6.1%), Grozny (+5.5%), Makhachkala (+5%) and other cities. This is reported by specialists of the federal portal "World of Apartments".
The highest rate on mortgage loans was recorded in Chechnya
Economy
The highest rate on mortgage loans was recorded in Chechnya
Published: 11 May 2023

In Chechnya, the mortgage rate reached 11.4% in March. This is the highest figure in the country according to the Central Bank of the Russian Federation. In second place was Karachay-Cherkessia - 9.8%.
Chechnya for tourism: expectations and impressions of Russian tourists
Economy
Chechnya for tourism: expectations and impressions of Russian tourists
Published: 10 May 2023

Today, Russian domestic tourism is experiencing a boom due to various restrictions preventing external tourism, as well as due to the implementation of a national project aimed at developing tourism in Russian regions. This project started even before the pandemic and the international isolation of the country.
The regions of the North Caucasus Federal District took the last places in terms of wage dynamics
Economy
The regions of the North Caucasus Federal District took the last places in terms of wage dynamics
Published: 10 May 2023

It will take 17.5 years for half of the inhabitants of Chechnya to receive a salary of more than 100 thousand rubles, if their average growth rates over the past five years continue. The republic took the last (85th) place in this indicator among the constituent entities of the Russian Federation, according to a study by the RIA Rating agency, prepared according to Rosstat.
Authorities and corporations are redrawing the boundaries of the reserve to build ski slopes on the Lagonaki plateau
Economy
Authorities and corporations are redrawing the boundaries of the reserve to build ski slopes on the Lagonaki plateau
Published: 9 May 2023

Activists of the public organization “Civil Initiative against Ecocrime” published details of official correspondence between the Federal Agency for Tourism, JSC Tourism.RF Corporation and NJSC Krasnaya Polyana, which discusses the construction of a large ski resort in the Caucasus State Natural Biosphere Reserve. The tasty area is located on the territory of Adygea, is a World Natural Heritage Site and is under the protection of UNESCO.
Последние новости
The North Caucasus republics have been named the most risky regions due to fraud and accidents in the compulsory motor third-party liability insurance (CMTPLI) sector
Economy
The North Caucasus republics have been named the most risky regions due to fraud and accidents in the compulsory motor third-party liability insurance (CMTPLI) sector
10 October 2025

The Russian Union of Auto Insurers (RSA) has identified the North Caucasus regions of Dagestan, Ingushetia, Chechnya, North Ossetia, and Kabardino-Balkaria as high-risk zones due to CMTPLI fraud. Nearly all insurance companies operating in these republics are experiencing CMTPLI payouts that exceed insurance premiums, which, at best, results in zero profit.
Ingushetia and Dagestan lead in the scale of informal employment
Economy
Ingushetia and Dagestan lead in the scale of informal employment
7 October 2025

According to Minister of Labor and Social Protection Anton Kotyakov, approximately 5 million Russians will be involved in the informal economy by 2025. He noted that the situation is most severe in the North Caucasus regions, particularly Ingushetia and Dagestan, as well as Tyva and Kalmykia.
Ingushetia and Chechnya ranked last in the material well-being rankings
Economy
Ingushetia and Chechnya ranked last in the material well-being rankings
6 October 2025

Based on the 2024 results, Ingushetia and Chechnya ranked 85th and 83rd among Russian regions in terms of material well-being. Tuva ranked between them.
Gasoline prices in Dagestan and Chechnya hit record highs
Economy
Gasoline prices in Dagestan and Chechnya hit record highs
1 October 2025

Fuel prices in Dagestan and Chechnya rose sharply in September, making these regions among the worst-rated regions for this indicator. According to Rosstat, gasoline prices increased by almost 14.7% in Dagestan and by 16% in Chechnya.