Labor productivity in Russia increased by 2.3 percent year-on-year in 2018, following a 1.9 percent rise in 2017.

Productivity in Russia averaged 3.20 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. source: Federal State Statistics Service

Productivity in Russia is expected to be 2.00 percent by the end of this quarter, 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 2020, according to our econometric models.


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Russia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
2.30 1.90 7.50 -4.10 2003 - 2018 percent Yearly
NSA

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

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.60 14.10 4.30 percent [+]
Employed Persons 72.70 72.10 74.10 60.40 Million [+]
Unemployed Persons 3.51 3.48 10.40 3.30 Million [+]
Employment Rate 60.00 59.50 66.60 58.80 percent [+]
Labor Force Participation Rate 62.90 62.40 70.30 61.90 percent [+]
Productivity 2.30 1.90 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 46549.00 45541.00 55569.00 0.00 RUB/Month [+]
Wages in Manufacturing 44173.00 42597.00 47231.00 7397.00 RUB/Month [+]
Wage Growth 3.80 3.10 27.20 -41.40 percent [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 RUB/Month [+]
Living Wage Family 23700.00 23500.00 23700.00 23000.00 RUB/Month [+]
Living Wage Individual 14500.00 14800.00 14800.00 13900.00 RUB/Month [+]