Ingushetia and other regions of the North Caucasus have the lowest personal income levels in Russia. In the RIA Novosti rating, Ingushetia ranked 85th, with a per capita income to cost ratio of 1.20 and a per capita income of 26,800 rubles per month, the lowest in the country.
Trade turnover between Georgia and the Russian Federation has decreased significantly
In January of this year, trade turnover between Georgia and the Russian Federation decreased by 28% compared to the same period in 2023. The figure was $190 million.
According to this indicator, Turkey ranks first among Georgia’s largest trading partners - trade turnover is $233 million, the Russian Federation is in second place, and China is in third ($96 million).
In addition, in January the volume of remittances from the Russian Federation to Georgia decreased by 74%. Despite the decline, Russia remains the main source of remittances to Georgia ($67.7 million), followed by Italy ($44.2 million) and the United States ($38 million) in third place.
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