National Regional Investment Climate Ranking

National regional investment climate ranking logo

The National Investment Climate Ranking is to assess the efforts the regional authorities take to create favorable business environment and is also to identify best practices; its results promote competition for regional investments.

The pilot tests of the National Ranking were carried out in 2014 in 21 entities of the Russian Federation. Full-scale rankings were first compiled in 2015. The measures regional teams take to create comfortable business environment were assessed in 76 entities of the Russian Federation. In 2016, the analysis covered all the 85 regions of Russia. Four of those (the Nenets Autonomous District, the Chukotka Autonomous District, the Republic of Crimea and Sevastopol) were assessed outside the rankings.

average score

Ranking Results

The National Investment Rankings were presented at the St. Petersburg International Economic Forum 2016; however, the presentation only covered Top 20. The rest of the regions got ‘cards’ that specify their indicators.

"We want to draw attention to the regions that achieve more, those one can learn a lot from. It’s the today’s imperative to look at those who push the country forward and produce good business support and development practices".

Andrey Belousov, Assistant to the President of Russia

  • Groups
  • Federal districts


The methodology consists of three key components: indicators; data sampling and processing principles; calculation methodology. When developing the methodology, we took into account the existing Russian and international rankings as well as other investment climate assessment tools.

Ranking Structure

The indicators of the Ranking have been designed with due account of Russia’s and the world’s best investment climate assessment practices, whereas the 2014 tests were factored in.

The Ranking is based upon 45 indicators grouped into 17 factors that comprise four major focus areas:

  • Regulatory
  • Institutions
    for Businesses
  • Infrastructure
    and Resources
  • Small Business
  • Indicators Outside
    the Ranking

The quality of public services, i.e. the efficiency of various services the state provides for businesses: time to complete procedures, the number of procedures, the entrepreneurs’ satisfaction with standard administrative procedures such as legal entity registration, issuance of construction permits, issuance of licenses, property right registration, connection to power networks, etc.

The efficiency of institutions for businesses: the availability and quality of protection means and tools to improve investment environment. The performance and the developmental dynamics of institutions and mechanisms for businesses, e.g. the presence and quality of legal protection for investments, mechanism to support investments, corruption and PPP mechanism assessments, etc.
The availability and quality of infrastructure: the performance and development of infrastructure, the availability of resources for business and investments, e.g. the assessment of public support measures and financing; the availability of physical infrastructure and resources such as roads, telecommunications infrastructure, investment infrastructure like tech parts/industrial parks/incubators; the availability, qualification, and sufficiency of human resources.
The small business situation (i.e. the number of small businesses per thousand of regional population) and the efficiency of various kinds of small business support, i.e. (i) the assessment of procedures small and mid-size enterprises rely on to get public and municipal orders, (ii) the assessment of real estate businesses need, (iii) the assessment of credit funds availability, etc.

31 additional indicators are used outside the Ranking to analyze their applicability to future rankings as well as to identify best regional practices based on such non-ranking indicators.

Best Practices

Analysis of the 2015 Ranking identified best regional indicator-specific practices in 76 regions. The successes of 18 of these regions were described and formalized by regional experts in cooperation with entrepreneurs and executive officials for further implementation across the country.

A. Regulatory Environment

  • Enterprise registration

  • Issuance of construction permits

  • Connection to power networks

B. Institutions for businesses

  • Regional legislative support for investors

  • Institution for assessing the regulatory impact

  • Regional organization to attract investments and cooperate with investors

C. Infrastructure and Resources

  • Investment infrastructure facilities

  • Registration of land plot property rights

  • Regional tax cuts

  • Public guarantees and guarantee funds

D. Small business support

  • Financial support for small businesses