Arkhangelsk Region - Gross regional product at current prices

819,247,006 (thousand rubles) in 2018

In 2018, GRP for Arkhangelsk Region was 819 million thousand rubles. Between 2016 and 2018, GRP of Arkhangelsk Region grew substantially from 680 million to 819 million thousand rubles rising at an increasing annual rate that reached a maximum of 12.84% in 2018.

The description is composed by our digital data assistant.
What is GRP?

Gross regional product is a monetary measure of the market value for all final goods and services produced in a region or subdivision of a country in a period of time. Value of gross regional product in Russia is not the same as Russian GDP because it excludes value added tax on collective non-market services (defense, governance, and so on) provided by public institutions to society as a whole

What is Arkhangelsk Region GRP?