Moscow social and economic development in 2013

1. 01. Краткий анализ текущей ситуации 1
MOSCOW SOCIAL AND ECONOMIC
DEVELOPMENT IN 2013
Digest under support of Department of Economic Policy and Development
of Moscow and Analytical Center of Moscow
February2014|No.1(1)

3. TABLE OF CONTENTS
1. Russia, Moscow and other cities of the world............................................. 6
2. Industry..................................................................................................... 10
3. Power consumption.......................................................................................... 12
4. Construction................................................................................................. 13
5. Transport........................................................................................................ 14
6. Wholesale........................................................................................................... 15
7. Retail................................................................................................................... 16
8. Business Financial result................................................................................. 17
9. Business loans................................................................................................... 18
10. Fixed assets investments................................................................................. 19
11. Business activity............................................................................................... 20
12. Population expenses....................................................................................... 22
13. Population income............................................................................................ 24
14. Budget revenues............................................................................................... 26
15. Budget expenditures........................................................................................ 27
Digest under support of the Department of Economic Policy
and Development of Moscow and Analytical Center of Moscow
“ON SOCIAL AND ECONOMIC DEVELOPMENT OF MOSCOW IN 2013”
Address: 119019, Moscow, Novy Arbat str., 15
Tel: +7 495 691 2898
Fax: +7 495 691 2898
Publishers: Analytical Center of Moscow
Writing Team Manager:
M. G. Reshetnikov – Minister of Moscow Government
Executive Editor: S. S. Novikov
Writing Team: D. A. Andreeva, D. S. Anokhin, A. N. Bochkarev,
A. A. Bykova, S. N. Gavdifattova, M. A. Khil, I. A. Zakharchenkov,
V. K. Laykam, I. V. Yakimenko
Proofreader: A. E. Varcheva
Design: K. S. Erdakov

4. Moscow social and economic development in 2013 | February 2014 | No.1(1)6 7
1. RUSSIA, MOSCOW AND OTHER CITIES OF THE WORLD
Moscow is the largest city of Europe
and one of the largest cities of the world.
In terms of social and economic development Moscow is comparable
with or ahead of other capitals of the world.
Fig. 3. Difference
of Moscow’s GRP structure
from average metropolis
Fig. 4. Moscow’s GRP
structure
Fig. 2. Average
life expectancy by
cities, years, 2013
Fig. 1 GRP by
purchasing power
parity per capita by
city , thous, USD,
2013 (estimated)
Moscow’s structure of the economy is also comparable
with the world’s largest metropolitan areas
Significant deviation
of share of retail and
wholesale is determined by
the accounting in Moscow
of income from sales of
oil and gas. On the other
hand financial sector of
the city is underestimated,
as considerable share of
added value in Moscow’s
financial sector is
accounted by the Federal
State Statistics Service
only at the country level
and not distributed
between the regions.
2,24
2
in comparable prices
Average life expectancy
for the last 3 years
and reached average
European level
years
Moscow’s GRP increased
increased for
more than
46,3
76,0
London
London
Warsaw
Warsaw
Istanbul
Istanbul
Prague
Prague
Madrid
Madrid
Moscow
Moscow
51,5
23,1 47,7 40,0
79,3
79,0
76,0
79,0
81,4
48,0
-5,5
3,6
-3,5
-2,7
21,8%
7,4%2,4%
2,6%
4,0%
5,6%
8,4%
9,3% 38,5%
4,0
21,3
-10,5
-6,7
1. Manufacturing industry without processing
of mineral raw materials
2. Production of oil products
3. Construction
4. Transport and communications
5. Production and distribution of electric power,
gas, water, including other services
6. Trade, repair
7. Entrepreneurship and finances
8. Health care, education, state administration
Manufacturing of oil products
Health care, education,
state administration
1
2
3
4
5
6
7
8
1. Russia, Moscow and other cities of the world
Manufacturing industry without
processing of mineral raw
materials
Production and distribution
of electric power, gas, water
Rendering of other utility, social
and personal services
Construction
Entrepreneurship
and finance
Trade and repair
Transport and
communications
times for the
last 15 years

5. Moscow social and economic development in 2013 | February 2014 | No.1(1)8 91. Russia, Moscow and other cities of the world
Under the
unfavorable economy
fluctuations,
Moscow remains
the city of stable
social and economic
development.
Concentration of assets of
operating financial institutions,
carrying out their activity in
Moscow, is almost 90%.
Such a high concentration is
explained by the degree of
development of Moscow’s financial
sector as well as by the fact
that head offices of the largest
Russian raw materials and logistic
companies are registered in the city.
101,3% 100,2%
60%
Moscow
Moscow
Moscow
Russia
Other Russian
regions
Russia’s GDP growth
in comparable prices
Moscow’s GRP growth
in comparable prices
(estimated)
Fig.5. Comparison of Moscow
with Russian Federation
in terms of key social and
economic indicators, 2013 as
compared to 2012
1. Fixed investments
2.
Volume of shipped
products
3. Construction
4. Retail turnover
5.
Official unemployment
rate
6. Nominal salary
7.
Population per capita
income
9,2
-0,3
21,2
6,2
3,5
0,35
13,3
14,3
6,7
-1,5
3,9
1,2
12,3
10,7
11,3%
40,4%
88,7%
59,6%is concentrated on the accounts of institutions,
located in Moscow.
About
Other Russian
regions
73%
Share of banking
deposits of legal entities
in Moscow comparing
to the country’s total.
37%
Share of deposits of
physical persons
in Moscow comparing
to the country’s total.
of funds
of all legal
entities
in Russia
In Moscow 489 financial institutions carry out their activity, or more than
a half (53%) of all financial institutions operating in Russia.
1
2
3
4
5
6
7

6. Moscow social and economic development in 2013 | February 2014 | No.1(1)10 112. Industry
2. INDUSTRY
Official statistics data is controversial and precludes objective evaluation
of the commenced processes of structural reorganization of the city’s
economy. For example, starting from the fourth quarter of 2012
and to the present day one may observe the mismatch in dynamics
of the industrial production index and the volume of shipped products
of manufacturing industry.
Continious growth of shipment volume despite the industrial production
volume decline is explained by the fact that production facilities are located
outside of Moscow yet shipments are accounted by the statistical bodies
at the location of the enterprise head office. Besides, enterprises have
shifted to manufacturing of products with greater added value. Statistics,
unfortunately, lags behind in terms of adjusting the accounting method
for industrial production index according to the new structure of products,
manufactured by the city enterprises.
Fig. 9. Dynamics of indices
of industrial production and
volume of shipped products
of manufacturing industry,
2012-2013, % (in comparable
prices, for the full range of
manufacturing industries)
According to statistics,
there is
a reduction of
production volume
in oil refining by
Oil processing
depth totaled
At the same time, the largest
manufacturer of oil products in Moscow –
Moscow Oil Refinery –
processed
2012,
million
tons
2013,
million
tons
Growth
Light oil products 5,95 6,2 +4,2%
Including:
High-octane
gasoline
2,1 2,3 +9,6%
Jet fuel 0,6 0,7 +6,5%
Bitumen 0,7 1,07 +48,1%
In the total volume of
shipments of Moscow’s
manufacturing
industry the share
of oil processing
is above 50% and
fully determines the
dynamics of the city’s
industrial production.
Volume of shipped products index, deflated by the producer price index,
reflect the situation in industry more adequately.
3,7%
3,8%
11,08
72,3%
M. tons of oil
in 2013, –
more than
in the previous year.
Index of actually shipped
products
Industrial production index
120
130
%
Iquarter
Iquarter
2012 2013
Sixmonths
Sixmonths
9months
9months
year
year
110
100
Source: Moscow State
Statistics Service
90
80
104,1
100,1 99,6 98,5
102,5 106,7
120,9
125,9
101,0
103,1 100,9 101,4
86,3 86,2 86,9 87,5

7. Moscow social and economic development in 2013 | February 2014 | No.1(1)12 133. Power consumption | 4. Construction
3. POWER CONSUMPTION 4. CONSTRUCTION
Electric power consumption dynamics is based on data of Mosenergosbyt
(Moscow Power Service Company), which covers more than 96% of the total
useful volume of electric power output within the city boundaries.
Rapid growth
is observed in
construction. In 2013
about 8 mln. sq.m of
the total area were
put into operation
by all sources of
financing, including
3 mln. sq.m (3.13) of
housing, which is by
2.7% more than in
previous year (3.05).
Indirect proof of the on-going
structural reorganization of the
economy is the dynamics of
electric power consumption.
Consumption:
40,56
+0,9
bln. kW/h
Consumption
growth:
bln. kW/h (+2.3%)
Fig. 8. Share in the total area of
commissioned construction objects,
2013, %
Fig. 9. Dynamics of work
scope in “Construction”
type of economic
activity.
Housing
Administrative objects
Trade and services
Transport infrastructure objects
Social infrastructure objects
Other
80
100
%
60
40
20
2012.
2011
2013
mln. kW
2012 2013
+74,9
-89,9
-24,0
+841,4
+62,5
+34,4
+1,1%
-0,9%
-0,9%
+4,8%
+9,6%
+1,5%
Construction
Other consumers
(including offices, trade
and business centers)
Consumers referred to
“population” tariff group
(utility service suppliers,
housing cooperatives,
housing associations,
management companies,
intermediaries in electric
power transfer)
Population
Electric city transport
Industrial consumers
2,792 city
development
plans for land
plots were
issued.
Growth: +37.9%.
16,8% 16,6%
5,8% 5,7%
24,4%
23,6%
6,8%
6,6%
44,6% 45,7%
1,6% 1,8%
80
100
120
%
60
40
20
97,2 101,0 106,2
1211
housing were put into
operation in the territory
of new Moscow.
thous.
sq. m of1921thous.
sq. m of
housing were put into
operation in the territory
of old Moscow.
The scope of
construction works
increased by 6.2%
in comparable prices
and totaled 635.9
bln. rubles.
Fig. 7. Dynamics of power
consumption in Moscow,
2013 as compared to 2012
Construction share
in Moscow’s GRP
2,4%
In the electric power distribution the share of industrial consumers
decreased, while power consumption grew by 1.1%.
At the same time the share of consumption by offices, trade and business
centers increased, with power consumption growth by 4.8%.
15,5%
11,9%
13,2%14,8%
39,1%
5,5%

8. Moscow social and economic development in 2013 | February 2014 | No.1(1)14 155. Transport | 6. Wholesale
5. TRANSPORT 6. WHOLESALE
Passenger traffic numbers are growing for all types of transport. During the
last year about 4.6 bln. people were carried. The leader is metro – 2.5 bln.
people. The largest growth of passengers as compared to 2012 is registered
for suburban railway - 4.8% and city public transport – 1.9%.
Freight turnover for the year
increased by
and totaled
Growth:
16,9%
4,6 +3,1%
trn
t-km.
33,6
Cargo volume carried by
motor vehicles in 2013
mln. t
Share of transport
and communications
in Moscow’s GRP
9,3%
Fig. 10. Volume of carriages in 2013
per type of transport, number of
carried passengers, bln. people
Fig. 11 Wholesale turnover
dynamics
2010 2011 2012 2013
95
0,2
2
96
4
97
0,6
6
98
8
99
1,0
10
100
12
101
1,4
14
102
16
103
1,8
18
104
20
105
106
107
108
109
110
%
2,2
2,6
bln.
people
trn.
rub.
2,5
(+1,0%)
12,0
15,2
17,1 18,1
(+1,9%)
0,7
0,2
0,3
1,1
(+4,8%)
Metro
Tram
% - growth as compared to 2012
Trolleybus
Bus
Suburban railway transport
Land city transport:
Wholesale turnover in current
prices, trn. rub.
Wholesale turnover dynamics
in comparable prices, % as
compared to the previous year.
96,8
106,1
103,5
105,2
Wholesale share
in Moscow’s GRP
Wholesale turnover growth totaled +5.2% in 2013.
Commodity turnover totaled 18.1 trn. rubles.
Wholesale share in the total trade turnover is 81.0%.
30,5%
The major players of the wholesale market
(according to Spark-Interfax) are JSC “Gazprom” –
7.8%, JSC “Lukoil” – 3.2%, JSC “Inter RAO” – 2.1%,
LLC “Metro Cash and Carry” – 1.3%, “JTI-MP”
(division of Japan Tobacco Inc.”) – 1.1% (in % of
the total wholesale revenue). Wholesale growth
is due to the registration in Moscow of the largest
distributors of oil and gas processing industry.

9. Moscow social and economic development in 2013 | February 2014 | No.1(1)16 177. Retail | 8. Financial result of enterprises
7. RETAIL 8. FINANCIAL RESULT OF ENTERPRISES
At the same time there are industries in the city’s economy which didn’t
impair but, on the contrary, improved their financial indicators. These are
the production of transport means and equipment and manufacturing of
wood products. Negative developments are concentrated around the sector
of large corporations. Such corporations, by all means, influence the general
climate in Moscow, but do not determine it.
Reduction in growth rate of the country economy influences the city
economy. In particular, it influences the financial result of city enterprises.
Fig. 15. Dynamics of
enterprise income per all
types of economic activity
Fig. 14. Turnover of
organised retail
Fig. 16. Dynamics of finacial
result of enterprises per
branches of manufacturing
indsutry, 2013 as compared
to 2012
2013
2012
0,5
1,0
1,5
2,0
2,5
3,0
bln. rub.
0,57
1,57
1,06
1,93
2,14
(-21,0%)
(-19,3%)
(-32,7%)
(-38,3%)
2,39
2,71
0,93
1. Production of transport means and equipment
2. Wood processing and manufacturing of wood products
3. Production of machines and equipment
4. Chemical production
5. Metallurgy
6. Production of food products
7. Manufacturing of oil products
-21,3%
-109,2%
-7,0%
87,9%
-37,6%
64,9%
-75,4%
1
2
3
4
5
6
7
Moscow’s share in the
total Russian retail
turnover is steady and
totals 17%. The retail
turnover per capita
reached 333 thous.
rubles (9.3% growth)
which is 2 times
higher than the figure
for the country.
Organised retail is
developing at higher
rates (+4.5%).
Increased volume
of retail trade is due
to the income growth
of Moscovites and
stable consumer
demand of the
population.
Retail growth in 2013 totaled
Retail turnover totaled
as compared to 2012
(in comparable prices).
103,5%
4017bln. rubles.
2800
2900
3000
3100
3200
3300
3400
bln. rub. (+4,5%)
3270,1
Fig. 12. Retail turnover
2013
2013
2013
2012
2012
2012
3600
3700
3800
3900
4000
4100
4200
bln. rub.
(+3,5%)
3639,7
4017,0
Fig. 13. Turnover of
non-organised retail
700
710
720
730
750
770
790
bln. rub.
(-0,1%)
708,8
2930,9
746,9
Retail share
in Moscow’s GRP
8%
% - growth rate, in
comparable prices, 2013
as compared to 2012
% - growth rate, in
comparable prices, 2013
as compared to 2012
% - growth rate, in
comparable prices, 2013
as compared to 2012
I quarter 6 months 9 months 12 months

10. Moscow social and economic development in 2013 | February 2014 | No.1(1)18 199. Business loans | 10. Fixed investments
9. BUSINESS LOANS 10. FIXED INVESTMENTS
Overdue loan debt of Moscow
enterprises totaled
Total loan debt of Moscow
enterprises was
with the growth
by
311
8,5
8%
bln. rubles
trn. rubles
The profit reduction of enterprises takes place while their loan debt
increases by 12% according to results of 2013. Total loan debt
of enterprises in Russia was 22.2 trn. rubles.
The inflow of fixed investments keeps on increasing, despite the decline
in financial results. The growth of investments in Moscow totaled 109.2%
in comparable prices against the background of a decline in investments in the
country as a whole (99.7%). The volume of investments totaled 1.4 trn. rubles.
Large share of
investments (54.7%)
in acquisition of
machines, equipment,
transport means, also
proves structural
changes in the city’s
economy, connected
with the application of
new technologies.
Fig. 17. Loan debt
of legal entities
and individual
entrepreneurs
Fig. 19. Volume of investments
in current prices
Fig. 20 Structure of fixed
investments, 2013
Fig. 18 Overdue loan
debt of legal entities
and individual
entrepreneurs
2010 2008
2010
2011 2009
2011
2012 2010
2012
2013 2011 2012 2013
2013
1
200 20
50
2
400 40
100
3
600 60
150
4
800 80
200
5
1000 100
250
6
1200 120
300
7
1400
1600
140
160
350
8
400
9
trn. rub.
bln. rub. %
trn. rub.
(+27%)
(+55%)
(+16%)
(+7%)
(+12%)
(+8%)
5,1
962,5
102,5%
76,4%
95,8%
106,6%
133,1%
109,2%
742,4 732,8 856,4 1220,1 1412,1
1,3% 7,0%
37,0%
54,7%
174
6,5
269
7,5
287
8,5
311
% – loan debt
growth rate
Volume of investments in
current prices, bln. rub.
Dynamics in comparable
prices, %
% – loan debt
growth rate
Housing
Other
Machines,
equipment,
transport means
Buildings (except
housing) and
structures
The share of overdue debt in the
total debt does not exceed 4%.

11. Moscow social and economic development in 2013 | February 2014 | No.1(1)20 2111. Business activity
11. BUSINESS ACTIVITY
Legal entities
registered about
40 thousand
titles.
Growth of registered
enterprises and
organizations in 2013
totaled 23.5% as
compared to 2012.
In 2013 business activity in Moscow is steady and remain quite high,
despite of economy growth pace slowing down.
Demography of organizations was significantly influenced by activity
of tax authorities concerning liquidation of fly-by-night companies.
Fig. 21 Registration of
rights, restrictions and
transactions, Moscow,
thous. units
Fig. 22. Registration of
rights, restrictions and
transactions, Russia,
mln. units
Fig. 23. Registration of title by
legal entities, Moscow, 2013,
thous. units
Fig. 25. Change
in number
of individual
entrepreneurs,
thous. units
Fig. 24. Change
in number of
legal entities,
2012-2013,
thous. units
2013
2013
Non-residential premises
Land plots
Growth in 2013
2012
2012
Residential premises
Registered
Registered
Liquidated
Liquidated
3,5%
3,9%
208,6
1102,5
The number of registered
rights and transactions,
closed in the territory
of Moscow
The number of
registered rights and
transactions, closed in
the territory
As of January 01, 2014
increased by
reduced by
thous. individual
entrepreneurs were
registered
thous. legal entities,
800
40
1000
50
thous. units
mln. units
Total
Total
Legal entities
Legal entities
600
30
400
20
200
10
+3%
+3%
+14%
867,1
2,88
22,4
897,4
2,87
145,0
26,54
146,5
25,51
13,6
3,6
150
45
thous. units
2012 2013
thous. units.
100
30
50
15
50
-15
-100
-30
-150
-45
101,4
33,2
-63,6
-21,4
125,2
28,9
-118,5
-33,6
+37,8
+11,8
+6,7
-4,7
-0,5%
-3,9%

12. Moscow social and economic development in 2013 | February 2014 | No.1(1)22 2312. Personal spending
12. PERSONAL SPENDING
Consumer behavior of citizens
has changed – there is a clear
tendency in favor of saving.
Growth of expenses on mandatory
payments is not connected with
personal spending on payment for
housing and public utilities.
The city economic situation determines the population living standard,
which is characterized by positive dynamics of spendings of Moscovites.
In 2013 the personal spending as a whole increased by 972 bln. rubles
(+12.2%) and totaled 8.94 trn. rubles.
There is a tendency to increased “debt
load” of Moscovites. According to the
results of 2013 the volume of loan
debt increased by 19% and totaled
1.31 trn. rubles. Thus, about 96 thous.
rubles of (mortgage and consumer)
loans fall on each citizen, which
may be the evidence of an increased
confidence of Moscovites in the future.
Fig. 26 Personal
spending
1. Growth of savings in deposits
and securities
2. Payments for goods and use
of bank cards abroad
3. Changes in amounts on
accounts of natural persons –
entrepreneurs
4. Mandatory payments and
voluntary contributions,
including taxes and interests
on loans.
5. Purchase of housing
6. Purchase of goods
7. Payment for services,
including housing
and public utilities
8. Purchases of foreign currency
0 % 510 -5 1020 1530 2040 2550 3060 35 40
29,3% +148,2
bln.
rub.
28,3% +127,0
bln.
rub.
22,2% +13,5
bln.
rub.
16,6% +158,8
bln.
rub.
8,9%
5,1%
0,9%
11,4%
7,4%
46,2%
13,1%
7,0%
11,4% +63,6
bln.
rub.
10,1% +413,4
bln.
rub.
8,3% +84,9
bln.
rub.
-3,1% -20,8
bln.
rub.
Dynamics of personal spending,
2013 as compared to 2012
Structure of personal
spending
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
average rate of income
growth – 12,2%
Fig. 27. Structure of personal
spending on services
Fig. 28. Structure of personal
spending on mandatory
payments
Fig. 29. Volume of
loans to natural
persons, including
mortgage and
consumer loans
2013
2013
2013
2012
2012
2012
Housing and public
utilities, services of
hotels
Taxes
and duties
Transport
services
Insurance
payments
Communication
services
Interests
on loans
Other
payments
Other
payments
200
200
400
400
600
600
800
800
1000
1000
1200
1200
bln. rub.
bln. rub.
193 298
560
137 138 34
337
639
190 189
16
298
1197
(+16 )
(+50 )
284
1105
177
bln.
rub.
bln.
rub.
Growth
(+3,5%)
1,1
1,31
bln.rub.
bln.rub.

13. Moscow social and economic development in 2013 | February 2014 | No.1(1)24 2513. Personal income
13. PERSONAL INCOME
Based on rapid income growth of Moscovites one can see that situation
in the city is stable and favorable. According to preliminary estimates,
per capita personal income in 2013 reached 55.6 thous. rubles per month.
Growth – by 14.3% (by 7.1% in comparable prices).
In the structure of
income of Moscovites
the share of salary
(44%) and social
payments (12.6%),
which today are about
2/3 of the total volume
of income, is increasing.
The income from
business activity of
Moscovites totaled
about 6%.
Average salary is 56.3 thous. rubles. Doctors and teachers in Moscow
are in the top five of the most high-paid professions
Fig. 30. Dynamics
of cash income per
capita
Fig. 31. Structure
of personal income
Cash income of
Moscovites is more
than 2 times higher
than average Russian
level and is comparable
with income level
in the cities
of Eastern Europe
2010 2011 2012 2013
Finances
Activity in the field of law, accounting, audit
Doctors
Activity connected with computing equipment
Production and distribution of power, gas and water
Teachers
State administration and military security personnel
Scientific researches and developers
Other lease services and business services
Wholesale, except motor vehicles
Sale of motor vehicles
Education**
Manufacturing activities
Health care and rendering of social services***
Average salary – 56.3 thous. rub.
20 40 60 80 100
110,8
75,2
72,9
71,8
66,3
58,4
56,8
54,5
52,0
51,7
50,9
50,1
50,1
48,0
73,6
70,4
Operations with real estate
Construction
Other
Total number
of employees per types
of economic activity,
shown in the diagram,
represents 100%
of average staffing
number of organizations
(4.7 mln. people) and
68% of employees
in Moscow economy
(6.9 mln. people)
Average salary in
the city, excluding
employees of large
organizations and their
management structures –
42 thous. rub.
*The column width depends
on average staffing number
per types of economic activity,
thous., people (the share of
average staffing number is
indicated within the brackets,
%)
**Excluding teachers
***Excluding doctors
Transport and communication
Other utility, social and personal services
10
20
30
40
50
60
70
thous. rub
(+7,4%) (+3,6%) (+14,3%)
44,1
12,6%
14,2% 44,0%
23,5%
5,7%
47,3 48,6
55,6
% - dynamics of
personal income
Salary
Social payments
Income from property
Income from
business activity
Other income
Fig. 32. Salary level in economic sectors
600,2(12,7%)
355,8(7,6%)
173,1(3,7%)
292,6(6,2%)
335,4(7,1%)
316,5(6,7%)
524,1(11,2%)
143,5(3,1%)
199,6(4,2%)
356,5(7,6%)
256,7(5,5%)
234,9(5,0%)
75,4(1,6%)
127,1(2,7%)
249,3(5,3%)
327,2(7,0%)
53,7(1,1%)
32,8(0,7%)
45,8(1,0%)
18,7%
Average monthly salary, thous. rub.
39,5
37,7

14. Moscow social and economic development in 2013 | February 2014 | No.1(1)26 2714. Fiscal revenues | 15. Fiscal expenditures
14. FISCAL REVENUES 15. FISCAL EXPENDITURES
The structure of tax revenue has
changed. The leader in terms of
proceeds is the tax on income of natural
persons, but not the tax on income of
organizations. The reduction of income
tax share significantly reduces the
influence of market fluctuations on the
city economy. Moscow budget gets the
“second bearing point” and becomes
more stable and adequate to the
current stage of the city development.
The formation of the “third bearing
point” is on-going, which is the
introduction of tax on shopping and
office premises according to their
cadastral value. Not only will it improve
the city’s budget but also create equal
competitive conditions for all market
participants. At the same time business
conditions will be unified and become
more transparent thus improving the
city’s investment attractiveness.
Fig. 33. Dynamics of
tax and non-tax fiscal
revenues
Fig. 34. Structure of
fiscal expenditures
Non-tax revenue
Income tax (gas, oil)
Other tax revenue
Health care
Tax on income of
natural persons
Education
Culture
Moscow sport
Social support for citizens
Share of social
expensesHousing
Transport system
development
Development of utility
and engineering infrastructure
Promotion of economic activity
Other expenses
Income tax (other)
2010 2011 2012 2013
200
400
600
800
1000
1200
1400
1600
bln. rub.
1084
41% 43% 39% 34%
1319 1402 1442
7%
9% 7% 11%
12%
12% 13% 14%
40%
36% 38% 41%
26% 29% 29% 27%
15% 14% 10% 7%
Moscow’s budget, being of social orientation, remain
the budget for development.
61,0%
2,8% 1,7% 9,0%
933,7
3,4
95%
1,5
15
7
of Moscow’s fiscal
expenditures, or
Growth of fiscal revenues
totaled
Tax revenue increased by Non-tax revenue increased by
and totaled about
1.3 trn. rubles.
and totaled
158.1 bln. rubles.
Social support is rendered to
almost every third Moscovite
or more than
About
Fiscal expenditures remained
stable and totaled more than
There are
of all budget expenditures are
provided within the framework
of corresponding state
programs.
state programs,
corresponding
to
development priorities,
being implemented in
the city.
were spent on social
needs of its citizens.
bln. rubles
mln. persons.
trn. rubles.
1529bln.rub.
61,0%
933,7
bln.rub.
12,3%
16,0%
2,3%
2,4%
19,0%7,6%
20,4%
2,8%
1,0%
16,2%

15. Department of Economic Policy
and Development of Moscow
www.depir.ru
Analytical Center of Moscow