The majority of surveyed Russian businessmen in 2019 believed that weakening regulation by the government was necessary for a successful development of business in the country. Furthermore, one fifth of respondents suggested that lower taxes were needed for it.
What do you think is necessary for a successful development of business in Russia?
Characteristic
Share of respondents
Weakening of government regulation (checks, reports)
22%
Lowering taxes
20%
Governmental support (subsidies, investment)
14%
Loans with beneficial conditions
9%
Raising education and qualification level of specialists
6%
Fighting corruption and nepotism
6%
Lifting of sanctions
4%
Changing the regulatory policy
4%
Changing legislation in the entrepreneurial sector
4%
Lowering bureaucratic and administrative barriers
3%
Changing the antimonopoly legislation
3%
Increasing the population's purchasing power and standard of living
* The original survey question was worded as follows: "Some economists find that business in Russia is overregulated by the state and that it is necessary to give it more freedom. Do you agree with such an opinion?"
Survey participants were born in the years 1957-1963 and 1980-1991 and are engaged in entrepreneurship, representing large, middle-sized, and small businesses across the whole country. The interviews included all production areas. The survey was conducted on an anonymous basis.
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PwC. (December 31, 2019). What do you think is necessary for a successful development of business in Russia? [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1087087/factors-necessary-for-business-development-success-in-russia/
PwC. "What do you think is necessary for a successful development of business in Russia?." Chart. December 31, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1087087/factors-necessary-for-business-development-success-in-russia/
PwC. (2019). What do you think is necessary for a successful development of business in Russia?. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1087087/factors-necessary-for-business-development-success-in-russia/
PwC. "What Do You Think Is Necessary for a Successful Development of Business in Russia?." Statista, Statista Inc., 31 Dec 2019, https://www.statista.com/statistics/1087087/factors-necessary-for-business-development-success-in-russia/
PwC, What do you think is necessary for a successful development of business in Russia? Statista, https://www.statista.com/statistics/1087087/factors-necessary-for-business-development-success-in-russia/ (last visited August 24, 2024)
What do you think is necessary for a successful development of business in Russia? [Graph], PwC, December 31, 2019. [Online]. Available: https://www.statista.com/statistics/1087087/factors-necessary-for-business-development-success-in-russia/