Corporate profits in Russia fell 38.1 percent to RUB 6.50 trillion in the first eight months of 2020 from RUB 10.50 trillion in the corresponding period of the previous year. Profits fell in manufacturing (-32.6 percent); mining (-42.1 percent), in particular oil and natural gas production (-27 percent); wholesale and retail trade; repair of motor vehicles and motorcycles (-55.1 percent); electricity, gas, steam & air conditioning (-28.9 percent); and transport & storage (-55.3 percent). source: Federal State Statistics Service
Corporate Profits in Russia averaged 4939.95 RUB Billion from 2010 until 2020, reaching an all time high of 15758.40 RUB Billion in December of 2019 and a record low of -224 RUB Billion in January of 2015. This page provides - Russia Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Corporate Profits - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Corporate Profits in Russia is expected to be 6125.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Corporate Profits in Russia to stand at 5800.00 in 12 months time. In the long-term, the Russia Corporate Profits is projected to trend around 14000.00 RUB Billion in 2021 and 15000.00 RUB Billion in 2022, according to our econometric models.