Productivity in Russia increased to 2.80 percent in 2021 from -0.40 percent in 2020. source: Federal State Statistics Service

Productivity in Russia averaged 3.01 percent from 2003 until 2021, reaching an all time high of 7.50 percent in 2006 and a record low of -4.10 percent in 2009. This page provides - Russia Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Productivity - values, historical data and charts - was last updated on January of 2023.

Productivity in Russia is expected to reach -4.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Productivity is projected to trend around 0.80 percent in 2023 and 1.50 percent in 2024, according to our econometric models.

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Russia Productivity

Related Last Previous Unit Reference
Unemployment Rate 3.70 3.90 percent Nov 2022
Unemployed Persons 2.70 2.90 Million Nov 2022
Employed Persons 72.40 72.10 Million Nov 2022
Employment Rate 60.20 59.90 percent Nov 2022
Labor Force Participation Rate 62.20 62.70 percent Sep 2022
Productivity 2.80 -0.40 percent Dec 2021
Wages 62470.00 61879.00 RUB/Month Oct 2022
Minimum Wages 16242.00 15279.00 RUB/Month Jan 2023
Wage Growth 0.40 -1.40 percent Oct 2022
Wages in Manufacturing 61879.00 59907.00 RUB/Month Sep 2022
Population 145.55 146.20 Million Dec 2021

Russia Productivity
In Russia, Productivity is the real value of output produced by a unit of labor during a certain time.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 -0.40 7.50 -4.10 2003 - 2021 percent Yearly