St. Petersburg has confirmed its leadership in terms of investment attractiveness

The National Rating Agency (NRA) summed up the results of the 13th annual study of the investment attractiveness of Russian regions, according to which St. Petersburg, along with Moscow, entered the highest group of first-level regions in 2025.
As in the previous year, the two largest megacities remain absolute leaders both in terms of investment activity and in key factors of investor attraction – infrastructure development, quality of institutions and market size.
The investment attractiveness estimates for 2025 were calculated based on the NRA database, which includes the final statistical indicators for 2024. The analytical part of the study also used operational statistical data for the first half of 2025.
Seven factors of regional investment attractiveness are considered: geographical location and natural resources, labor resources, regional infrastructure, internal market (potential of regional demand), production potential of the regional economy, financial stability of the budget and enterprises of the region, institutional environment and socio-political stability. To analyze these factors, we used a set of 55 indicators based on statistical data, surveys of the business community, and expert assessments.
A total of 85 regions of Russia participated in the study. An integral index of investment attractiveness was used to classify the regions into groups: the regions were ranked based on the index values and divided into nine groups and three categories based on specially defined thresholds of the integral index. According to the results, 30 regions formed the category of "high investment attractiveness", 44 regions entered the category of "medium investment attractiveness", the investment attractiveness of 11 regions was assessed as "moderate". 
According to the researchers, the results of the assessment correlate well with statistics on the domestic distribution of investments in fixed assets.: regions with high investment attractiveness are leaders in investment activity. Both in 2024 and in the first half of 2025, regions with high investment attractiveness accounted for about 73% of the total Russian investment in fixed assets, regions with average attractiveness accounted for about 24%, and regions with moderate investment attractiveness accounted for less than 3%.
In 2024, St. Petersburg set an absolute record for attracting investments in fixed assets – more than 1 trillion 529 billion rubles, which is 10.5% more than a year earlier. In January – June 2025, the full range of enterprises engaged in investment activities in St. Petersburg‑In St. Petersburg, 593.3 billion rubles of investments have been invested in the city's economy from all sources of financing.