Business revenue in Krasnoyarsk increased nearly 13%
In 2024, despite challenging economic conditions, large and medium-size businesses in Krasnoyarsk Krai managed to swell their earnings significantly, raking in an impressive nearly 6 trillion rubles, marking a 12.6% increase.
FinExpertiza, after analyzing data from Rosstat, conducted the research on these earnings.
The Krasnoyarsk Krai's figures were the highest in Siberia but fell short of Russia's overall business earnings, which increased by a substantial 16.6%. Across the nation, the total revenue for both the raw materials (oil and gas) and non-raw materials sectors amounted to 292.24 trillion rubles (compared to 250.53 trillion rubles the previous year). Approximately 77 trillion rubles is attributable to the oil and gas sector, while the remaining 215.3 trillion rubles is from other sectors.
In 2023, the earnings of large and medium-sized businesses in Krasnoyarsk Krai totaled 5.29 trillion rubles*, with this year seeing a rise to 5.95 trillion rubles. In the Siberian Federal District (SFO) as a whole, businesses brought in 23.46 trillion rubles, making the Krasnoyarsk Krai almost a fifth of the total earnings.
Looking at specific industries, those at the top of the earnings list were businesses in the non-raw materials sector, particularly those dealing with culture, sports, and entertainment (over 55%), administrative work (over 44%), information and communication (more than 27%), HoReCa (+18.5%), and retail (around 18%).
*Editor's note: The 2023 earnings mentioned in the enrichment data are typographical errors and refer to the 2024 earnings.
Photo: DELA
Potential factors contributing to the economic growth in the Krasnoyarsk Krai could include economic diversification, supportive government policies, favorable market conditions, increased investment, and trade opportunities. However, without specific data or reports directly related to the Krasnoyarsk Krai's economic performance in 2024, it's difficult to definitively pinpoint the exact reasons for the revenue increase.
In light of FinExpertiza's analysis of data from Rosstat, it was discovered that large and medium-sized businesses in Krasnoyarsk Krai recorded an impressive increase of 12.6% in their earnings, reaching nearly 6 trillion rubles in 2024, which also attained the highest figures in Siberia. Interestingly, this growth in finance came primarily from the business sectors other than raw materials, such as culture, sports, and entertainment, administrative work, information and communication, HoReCa, and retail.
