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:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)