Economy and investment climate of Leningrad region
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.
Gross regional product
GRP dynamics, billion rubles:
916,4
965,8
1 147
1 224
1 246
1 366,2
2016
2017
2018
2019
2020
2021
>3
trillion forecasted GRP by 2035
GRP structure:
35,5%
Industry
8.2%
Construction
13.4%
Transport and communications
5.2%
Agriculture
10%
Real estate transactions
17.8%
Other
9.9%
Wholesale and retail trade
Investments
Investments in fixed assets, billion rubles:
264,2
338,6
511,1
419,1
458,1
442,8
2016
2017
2018
2019
2020
2021
32.4% share of investments in GRP of the region
Structure of investments in fixed assets by economic activity:
42.2%
Industry
27.3%
Transportation and storage
6.9%
Professional, scientific and technical activity
5.3%
Real estate transactions
18.3%
Other
Foreign direct investment:
2.3
billion USD
volume of foreign direct investment in 2021
11
place among all Russian regions
in terms of the volume of attracted foreign direct investment
Export
2.2
billion USD
volume of non-resource energy export in 2021
2
place among all Russian regions
in terms of the volume of non-resource energy export
