Leningrad region is one of the leaders in terms of economic development in Northwestern federal district and one of the largest industrial centres in Russia.
Over the last years the region sustainably holds positions as one of the fastest-growing Russian regions in terms of the volume of investments. This regional indicator is annually improving almost by a third which characterizes the most successful economics in the world.
GRP dynamics, billion rubles:
965,8
1 147
1 224
1 246
1 481
1657
1 796
2017
2018
2019
2020
2021
2022
2023
>3
trillion forecasted
GRP by 2035
GRP structure:
38%
Industry
8%
Real estate transactions
13%
Transport and communications
5%
Agriculture
10%
Wholesale and retail trade
18%
Other
9%
Construction
Investments in fixed assets, billion rubles:
338,6
511,1
419,1
458,1
442,8
551,3
685,6
2017
2018
2019
2020
2021
2022
2023
37%
share of investments in GRP of the region
Structure of investments in fixed assets by economic activity:
50,4%
Industry
21,8%
Transportation
and storage
7,7%
Provision of electric energy, gas and steam; air conditioning
5,7%
Real estate
transactions
14,4%
Other