Penza Region - Gross value added in real estate activities at current prices

40,259,659 (Thousand rubles) in 2018

In 2018, GVA in real estate activities for Penza Region was 40.3 million thousand rubles. Between 2016 and 2018, GVA in real estate activities of Penza Region grew substantially from 34.3 million to 40.3 million thousand rubles rising at an increasing annual rate that reached a maximum of 12.96% in 2018.

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What is GVA in real estate activities?

Gross value added provides a dollar value for the amount of goods and services that have been produced in a country or region, minus the cost of all inputs and raw materials that are directly attributable to that production.

What is Penza Region GVA in real estate activities?