Industrial production in Russia fell 2.5 percent year-on-year in January 2021, after a revised 2.1 percent rise in the previous month and compared to market expectations of a 0.1 percent decrease. Output fell for manufacturing (-1 percent vs 7.9 percent in December) and continued to decline for extraction of raw materials (-7.1 percent vs -7.5 percent). Meantime, production of both electricity, gas and steam; air conditioning (7.3 percent vs 5.6 percent) and water supply (10.7 percent vs 6.5 percent) advanced faster. On a monthly basis, industrial production tumbled 21.1 percent, after a 13 percent jump in December. source: Federal State Statistics Service

Industrial Production in Russia averaged 3.11 percent from 2000 until 2021, reaching an all time high of 17.70 percent in April of 2000 and a record low of -16.90 percent in January of 2009. This page provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Industrial Production in Russia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Russia to stand at 3.80 in 12 months time. In the long-term, the Russia Industrial Production is projected to trend around 3.40 percent in 2022, according to our econometric models.

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Russia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 2.10 17.70 -16.90 2000 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-17 04:00 PM Oct -5.9% -3.6% -6.1% -6%
2020-12-15 04:00 PM Nov -2.6% -5.5% -4.8% -4.4%
2021-01-25 04:00 PM Dec -0.2% -1.5% -3% -3.2%
2021-02-15 04:00 PM Jan -2.5% 2.1% -0.1% -0.3%
2021-03-17 04:00 PM Feb -2.5%
2021-04-22 04:00 PM Mar
2021-05-21 04:00 PM Apr
2021-06-16 04:00 PM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Russia Industrial Output Falls More than Expected
Industrial production in Russia fell 2.5 percent year-on-year in January 2021, after a revised 2.1 percent rise in the previous month and compared to market expectations of a 0.1 percent decrease. Output fell for manufacturing (-1 percent vs 7.9 percent in December) and continued to decline for extraction of raw materials (-7.1 percent vs -7.5 percent). Meantime, production of both electricity, gas and steam; air conditioning (7.3 percent vs 5.6 percent) and water supply (10.7 percent vs 6.5 percent) advanced faster. On a monthly basis, industrial production tumbled 21.1 percent, after a 13 percent jump in December.
2021-02-15
Russia Industrial Output Shrinks Less than Expected
Industrial production in Russia decreased 0.2 percent year-on-year in December of 2020, following a 1.5 percent fall in the previous month and compared to market expectations of a 3 percent drop. It was the smallest decline in industrial activity in the current ninth-month sequence of falls. Output continued to decline for extraction of raw materials (-8.5 percent vs 7.5 percent in November) while distribution of electricity & gas rebounded (4.7 percent vs -2.8 percent). Also, production advanced faster for both distribution of water & sewage (6.5 percent vs 4.7 percent) and manufacturing (4.4 percent vs 2.9 percent). On a monthly basis, industrial output jumped 10.5 percent, extending a 1.1 percent rise in November. Considering full 2020, industrial output tumbled 2.9 percent, down from a 3.4 percent advance in 2019.
2021-01-25
Russia Industrial Output Falls the Least in 8 Months
Industrial production in Russia decreased 2.6 percent year-on-year in November of 2020, following a downwardly revised 5.5 percent fall in the previous month and compared to a 4.8 percent drop. It was the smallest decline in industrial activity in the current eight-month sequence of falls. Output fell less for extraction of raw materials (-7.6 percent vs -9 percent in October) and distribution of electricity & gas (-2.8 percent vs -2.9 percent). In addition, production rose for manufacturing (1.1 percent vs -3.7 percent) and for distribution of water & sewage (3.3 percent vs 4.1 percent). On a monthly basis, industrial output edged down 0.1 percent, after a 4.2 percent rise in October.
2020-12-15
Russia Industrial Output Drops for 7th Month
Industrial production in Russia declined 5.9 percent year-on-year in October of 2020, following a downwardly revised 3.6 percent fall in the previous month and compared to market expectations of a 6.1 percent drop. It was the seventh consecutive monthly decline in industrial activity. Output fell for distribution of electricity & gas (-3.7 percent vs -2.4 percent in September); manufacturing (-3.5 percent vs 0.5 percent); extraction of raw materials (-8.8 percent vs -9.4 percent). On the other hand, production of distribution of water & sewage rebounded (2 percent vs -0.7 percent). On a monthly basis, industrial output climbed 3.8 percent, following a 1.5 percent rise in September.
2020-11-17

Russia Industrial Production
In Russia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 55 percent of total production. The biggest segments within manufacturing are: metallurgy (9.6 percent); coke and refined petroleum products (9.5 percent); food beverages and tobacco (8.4 percent); chemicals (4 percent); machinery and equipment (3.8 percent); transport (3.7 percent) and electrical equipment (3.4 percent). Mining and quarrying accounts for 35 percent, and natural gas and crude oil exploration represents 29 percent of total output. Also, electricity, gas and water supply accounts for 11 percent.