Current Regional Real Sector Features in Russian Economy

Abstract

Real sector being the foundation of Russian economy is characterized by positive dynamics, in spite of illegal western sanctions, foreign-policy and economic restrictions. Historically production potential as a basis of real sector develops in the majority of Russian Federation entities. Social and economic potential of the country, its natural resources ensure sustainable functioning of production. In line with it, the article analyzes key indicators of real sector of economy in regions in 2021–2023, i. e. in pre-sanction and sanction periods. Principle macro-economic figures are compared. First of all, the situation in Russian Federation entities holding the leading positions (top-10) was analyzed and estimated. It gave an opportunity not only to identify regions – spots of real sector growth, but to show actual territorial trends. As a final result an integral indicator was calculated. Types of regions in accordance with ranges of the integral indicator were identified. The research showed the predominance of Russian Federation entities that demonstrate the average level of real sector standing. It was pointed out that more than a third of regions reached a high level due to the development of highly-technological manufacturing spheres of economy.