Events in Russia. Statistics.

[ILay]

There is a saying you know:
there is lie, big lie and there is statistics.

I plan to post some statistics on some of Russian events (and discuss it if you are interested) here. Hope to be able to update it here regularily.

Most of the non-Russian media sources place only some 'chosen' data. So, maybe this thread can be helpful for you.

Best regards.

[ILay]

The results were recently discussed on the extended session of the Minestry of Finances + Premier + President.

economy

All the figures below are given for the 1st financial quarter 2001.

• Inflation = 7%
• GDP growth = 4%
• real incomes growth = 5%
• industry production growth = 3.5%
• imports growth =8%
• cash USD bought by physical persons growth = 400% (30% higher than the whole year 2000. In absolute figures it's relatevily low - USD 400 millions)

Planned GDP growth for 2001 is 4-5%

taxes

consolidated budget taxes collected: 370 RUR billions.
growth compared to 1st quarter 2000 = 60%

income tax rate for physical persons = 13% (flat rate)
growth of income tax collection compared to the 1st quarter 2000 in absolute figures = 70%

[ILay]

• According to Merril Lynch, Russia holds the 3d place among the world financial markets for investment efficiency. (China - 1st place, Taiwan - 2nd place)
• during the 1st quarter stock exchange activity index grew by 18.3%
• during the first 2 year after entering WTO, due to liberalization of US anti-dumping barriers, Russian import profits will grow by USD 18 billions.
• AutoVAZ (Lada) plans to produce 750 thousends of vehicles during 2001. This is about 6% higher than vehicles produced during 2000.
• GM plans to invest USD 100 millions in joint with AutoVAZ production of the new 'Niva' car. Planned annual production is 75000 units.
• official salaries have 35% share of the real incomes of the physical persons in Russia (according to the head of the Pension fund)
• 12% of GDP was generated by small business during 2000
• External debt of Russia was reduced by USD 14 billion during 2000
• Oil exports customs fees reduced 2.2 times (from 18 of march)

telecom markets

• Russia hold 7th place in the world by the number of telephones
• there are 31.9 millions of telephones in Russia
• or 22 telephones for each 100 Russians
• ~3.4 millions of people use mobile phones
• about 53000 of inhabited localities do not have telephones at all
• informational technologies markets value grew by 10% during 2000.
• annual PC sales volume grew by 9% during 2000
• annual telecom services grew by 12% during 2000.

So far for now,
Seeya!

[Dr_Woland]

thanks for these interesting stats! What's the source for the "Economy" figures, by the way - A&F?

Oh, and by the way, the original quotation was "Nothing but lies, damn lies, and statistics!", and was first said by Benjamin Disraeli, British PM in the C19th.

Dr W.

[ILay]

Hi Dr.W!

Thanks for the correction!

No, not A&F (frankly speaking I never read it).
Mainly 'Vlastj', 'Denjgi' and 'Expert'

[old-reb]

Hello Ilay,
Thanks for the statistics. It is good to know that the bean counters feel Russia is well.
The whole world economy is a mystery. In my life time I have seen so many jobs disapper and always new ones sprang up to replace them. I think the good world economy is something new in history and everyone is trying to keep the ball rolling.
In 1956 I read an article on technology and they compared it to an airline flight. Someone asked the pilot where they were going and the pilot replied, "I didn't know where we are going but we are getting there in one hell of a hurry."
Gene