Economy
Novosibirsk Oblast's gross regional product in 2007 was $14,950.2 million. GRP per capita was 144,869 roubles; somewhat under the national average of 198,817 roubles. For many years, the region experienced relatively high rates of industrial output growth: between 1999 and 2008 industrial output grew 170%, exceeding the Russian average growth by 23%.
Read more about this topic: Novosibirsk Oblast
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)