Productivity in Russia decreased to -0.40 percent in 2020 from 2.60 percent in 2019. source: Federal State Statistics Service

Productivity in Russia averaged 3.03 percent from 2003 until 2020, 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 August of 2022.

Productivity in Russia is expected to reach 2.00 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 2.50 percent in 2023, according to our econometric models.

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Russia Productivity

Related Last Previous Unit Reference
Unemployment Rate 3.90 3.90 percent Jun 2022
Unemployed Persons 3.00 2.90 Million Jun 2022
Employed Persons 72.00 71.90 Million Jun 2022
Employment Rate 59.80 59.80 percent Jun 2022
Labor Force Participation Rate 62.10 62.10 percent May 2022
Productivity -0.40 2.60 percent Dec 2020
Wages 62457.00 62269.00 RUB/Month May 2022
Wage Growth -6.10 -7.20 percent May 2022
Minimum Wages 15279.00 13890.00 RUB/Month May 2022
Wages in Manufacturing 57851.00 62675.00 RUB/Month Apr 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
-0.40 2.60 7.50 -4.10 2003 - 2020 percent Yearly