Business Confidence in Russia increased to 0.70 points in January from -0.30 points in December of 2025. Business Confidence in Russia averaged 0.60 points from 2019 until 2026, reaching an all time high of 7.40 points in May of 2024 and a record low of -8.30 points in April of 2020. source: Federal State Statistics Service

Business Confidence in Russia is expected to be -4.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Business Confidence is projected to trend around 1.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-26 04:00 PM
Business Confidence
Dec -0.3 -2.1 -2
2026-02-11 04:00 PM
Business Confidence
Jan 0.7 -0.9 -0.1
2026-03-04 04:00 PM
Business Confidence
Feb 0.7


Related Last Previous Unit Reference
Business Confidence 0.70 -0.30 points Jan 2026
Capacity Utilization 61.00 59.00 percent Jan 2026
Car Production 73.30 54.10 Thousand Units Dec 2025
Changes in Inventories 1358.00 1933.10 RUB Billion Sep 2025
Corporate Profits 25430.00 21566.00 RUB Billion Nov 2025
Industrial Production YoY 3.70 0.40 percent Dec 2025
Industrial Production Mom 19.00 -2.60 percent Dec 2025
Manufacturing Production 7.80 1.00 percent Dec 2025
Mining Production -2.80 0.40 percent Dec 2025


Russia Business Confidence
In Russia, the business confidence index measures morale among manufacturers. The index is calculated as the arithmetic average balances of assessments of actually existing levels of demand, stocks of finished products (with opposite sign) as well as change in output expected in the next 3 months. The index shows the difference between the percentage share of executives that are optimistic and the percentage of that is pessimistic. The index takes a value between -100 (all responding entities asses their situation as poor and expect it to become worse) up to 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality.
Actual Previous Highest Lowest Dates Unit Frequency
0.70 -0.30 7.40 -8.30 2019 - 2026 points Monthly