Ural Economic Region - Socio-economic Indicators

Socio-economic Indicators

Being one of the most populated areas of Russia, Ural economic region has a large Gross Domestic Product (GDP), mostly due to the urban economic activity. The GDP per capita is above the national average, but the average monthly wages are lower than those in the major central-European cities such as Moscow and Saint Petersburg. The fraction of wages paid in full is below the national average. Most industry is based on large enterprises; their structure has not been affected much by the privatization and reforms after the collapse of the Soviet Union. The proportion of employees in ex-Soviet enterprises in the Urals is above the national average, while the proportion in new private enterprises is well below average.