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 of 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 volume. Every year, the region adds approximately one third in this indicator, which is typical for the world's most successful economies.
Gross Regional Product
GRP dynamics, billion rubles:
965,8
1 147
1 224
1 246
1 481
1 657
1 796
2404,1
2596,8
2017
2018
2019
2020
2021
2022
2023
2024
2025
5 052,8
trillion rubles projected GRP in 2036
GRP structure in 2024:
27,4%
Manufacturing
14,6%
Transportation and storage
35,5%
Other
9,6%
Trade
12,9%
Construction
Investment
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
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 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
