Economy
The Gross Regional Product (GRP): RUR 214.45 bln (2010) (153.2 bln— 2008) (111.8 bln — 2007)
Per capita GRP: RUR 214,235 (2010) (152,600 — 2008) (111,100 — 2007)
The economic structure of Kaluga Oblast is typical of the Central region of Russia. The share of industry in the GRP is around 36% (2008), of which 32.1% is manufacturing (primarily machine building and food industry), and 3.2% is power generation. The agricultural complex accounts for 8.2% of the GRP (2008), of which construction is 10.6%.
Read more about this topic: Kaluga Oblast
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)