Economy and Investment Climate of the Leningrad region

The Leningrad region is one of the leaders in economic development in the Northwestern Federal District and one of the largest industrial centers in Russia.

In recent years, the region has firmly held its position as one of the fastest-growing constituent entities of the Russian Federation in terms of investment. Annually, in this indicator the region adds about a third, which is typical of the most successful economies in the world.

Gross Regional Product

GRP dynamics, billion rubles:

965,8

1 147

1 224

1 246

1 481

1657

1 796

2 404,1

2 596,8

2017

2018

2019

2020

2021

2022

2023

2024

2025

5 052,8
trillion rubles
projected GRP
in 2036

Structure of GRP in 2024:

27,4%

Manufacturing

12,9%

Construction

9,6%

Trade

14,6%

Transportation and storage

35,5%

Other


Investments 

Dynamics of fixed capital investment, billion rubles:

338,6

511,1

419,1

458,1

442,8

551,3

685,6

1 114,3

1 593

1 770,9

2017

2018

2019

2020

2021

2022

2023

2024

2025

2036 (forecast)

61,3%

share of investment
in the region's GRP


Structure of fixed capital investment by types of economic activity in 2025 (medium and large enterprises):

71,5%

Manufacturing industry

10,1%

Transportation
and storage

5%

Electricity, gas and steam supply; air conditioning

4,6%

Real estate activities

8,8%

Other

Ratings

AAA

Highest creditworthiness rating
for regions, outlook — “stable”

Group IC3

Level of investment attractiveness of the region in 2025

1st place

By economic development
among constituent entities of the Russian Federation

4th place

By management effectiveness in political-administrative, social and financial-economic blocks

7th place

Among regions of the Russian Federation by quality of life
for 2025 (RIA rating)

10th place

In the investment attractiveness rating among regions of the Russian Federation