Home Economy Russian cities have earned almost 82 trillion rubles. for the country’s...

Russian cities have earned almost 82 trillion rubles. for the country’s GDP


The gross urban product (GVP; estimates the value of goods and services produced in the city) of all Russian cities formed 78% (81.6 trillion rubles) of the country’s total gross product in 2018, the center of urban economy KB Strelka calculated.

Officially, the gross product is estimated only at the federal and regional levels. At the same time, the data appears in the public domain with a significant time lag. So, the data for 2019 and 2020 is still impossible to analyze due to their absence.

Strelka analysts note that the contribution of cities to the economy has remained unchanged since 2010. The company explains this by the active development of agriculture and the launch of new projects in the extractive industry, which are located mainly outside the cities.

The largest contribution to the economy was made by Moscow, St. Petersburg and Surgut. Despite the fact that less than 1 million people live in Surgut, its high share is provided by the unofficial status of the oil capital of Russia, where the production capacities of the country’s largest oil companies are located. In addition to these cities, Yekaterinburg, Krasnoyarsk, Novosibirsk, Samara, Nizhny Novgorod, Ufa and Krasnodar are included in the top 10 in terms of GVP. The top ten largest urban economies in 2018 totaled 31% of Russia’s GDP, according to KB Strelka.

Daria Andrianova

Leave a Reply