Udmurtia, Republic of - Gross regional product at current prices

631,118,267 (thousand rubles) in 2018

In 2018, GRP for Udmurtia, Republic of was 631 million thousand rubles. Between 2016 and 2018, GRP of Udmurtia, Republic of grew substantially from 531 million to 631 million thousand rubles rising at an increasing annual rate that reached a maximum of 14.27% in 2018.

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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 Udmurtia, Republic of GRP?