Productivity in Russia decreased to 2 percent in 2019 from 2.80 percent in 2018. source: Federal State Statistics Service

Productivity in Russia averaged 3.18 percent from 2003 until 2019, 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 May of 2021.

Productivity in Russia is expected to reach 1.70 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Productivity is projected to trend around 2.00 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Russia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.80 7.50 -4.10 2003 - 2019 percent Yearly
NSA

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.70 14.10 4.30 percent [+]
Employed Persons 71.00 70.80 74.10 60.40 Million [+]
Unemployed Persons 4.10 4.24 10.40 3.30 Million [+]
Employment Rate 58.70 58.60 66.60 58.00 percent [+]
Labor Force Participation Rate 62.10 62.10 70.30 61.70 percent [+]
Productivity 2.00 2.80 7.50 -4.10 percent [+]
Wages 51229.00 49516.00 69278.00 0.00 RUB/Month [+]
Wages in Manufacturing 46376.00 46201.00 50745.00 7397.00 RUB/Month [+]
Wage Growth 2.00 0.10 27.20 -41.40 percent [+]
Minimum Wages 12792.00 12130.00 12792.00 132.00 RUB/Month [+]
Population 146.70 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]


Russia Productivity
In Russia, Productivity is the real value of output produced by a unit of labor during a certain time.