Lutsk ranks 13th in Ukraine by level of socio-economic development, according to the results of a study by the Rating Agency of the non-governmental analytical center "Institute of Reforms." The analysis of the socio-economic development of Ukrainian cities was conducted on the basis of the most recent official statistical data available as of January 10, 2005. The rating was calculated for 176 cities of Ukraine with the status of oblast significance, as well as for Kyiv and Sevastopol. The top twenty of the rating included 9 oblast centers, 5 satellite cities of nuclear power plants, as well as the cities of Yuzhne and Illichivsk of Odesa Oblast, Boryspil of Kyiv Oblast, Truskavets of Lviv Oblast, Novodnistrovsk of Chernivtsi Oblast, and Yalta. The highest level of socio-economic development is in Kyiv. Among oblast centers, Lutsk is surpassed only by two – Uzhhorod and Ivano-Frankivsk. Information from the official website of the "Institute of Reforms" shows that in certain indicators Lutsk is among the top ten. It holds the seventh rating position by the level of retail turnover per 1 resident and the sixth – by net increase in direct foreign investment per 1 resident. In addition, Lutsk's rating position in the subgroup – "Large cities" from 100 to 500 thousand residents – is 4. It is surpassed by Uzhhorod, Simferopol, and Ivano-Frankivsk.
Lutsk ranks 13th in Ukraine by level of socio-economic development…
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