Karachayevo-Cherkessia, Republic of - Gross regional product at current prices

77,046,341 (thousand rubles) in 2018

In 2018, GRP for Karachayevo-Cherkessia, Republic of was 77 million thousand rubles. GRP of Karachayevo-Cherkessia, Republic of increased from 71.4 million thousand rubles in 2016 to 77 million thousand rubles in 2018 growing at an average annual rate of 3.91%.

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 Karachayevo-Cherkessia, Republic of GRP?