The economic performance of Dagestan in 2024 demonstrated a positive trajectory, with notable advancements in various sectors. Agriculture emerged as the standout performer, recording a remarkable 6.1% increase in production volume, marking the highest growth rate over the past decade.

In industrial sectors, the overall index stood at 101.8%, albeit slightly lower than the previous year due to the impact of a "high base effect." However, individual sectoral growth rates showcased substantial improvements. The construction sector boasted an index of 102.5%, exceeding the 2023 level.

The regional economy continues to consolidate its position, with a 2.8% increase in the volume of gross regional product (GRP) compared to the previous year. In monetary terms, Dagestan is inching closer to the milestone of RUB 1 trillion. Noteworthy, the growth is also evident in the investment landscape, with an 8.3% increase in investments, primarily driven by enterprise funds, public investments, and borrowed resources.