Productivity in Russia increased to 2.80 percent in 2018 from 2.10 percent in 2017. source: Federal State Statistics Service

Productivity in Russia averaged 3.26 percent from 2003 until 2018, 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 December of 2020.

Productivity in Russia is expected to reach -4.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Productivity is projected to trend around 1.70 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Russia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.10 7.50 -4.10 2003 - 2018 percent Yearly
NSA

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.30 14.10 4.30 percent [+]
Employed Persons 70.30 70.50 74.10 60.40 Million [+]
Unemployed Persons 4.69 4.78 10.40 3.30 Million [+]
Employment Rate 58.20 58.30 66.60 58.00 percent [+]
Labor Force Participation Rate 62.30 62.30 70.30 61.70 percent [+]
Productivity 2.80 2.10 7.50 -4.10 percent [+]
Wages 49259.00 47649.00 62239.00 0.00 RUB/Month [+]
Wages in Manufacturing 45426.00 45165.00 50745.00 7397.00 RUB/Month [+]
Wage Growth 2.20 0.10 27.20 -41.40 percent [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
Population 146.80 146.90 148.69 119.90 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.