Labor productivity in Russia increased by 1.5 percent year-on-year in 2017, following a 0.3 percent decline in 2016. Productivity in Russia averaged 3.15 percent from 2003 until 2017, reaching an all time high of 7.50 percent in 2006 and a record low of -4.10 percent in 2009.

Productivity in Russia is expected to be 1.20 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.

Russia Productivity
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.50 14.10 4.50 percent [+]
Employed Persons 72.50 73.20 74.10 60.40 Million [+]
Unemployed Persons 3.61 3.43 10.40 3.43 Million [+]
Employment Rate 59.80 60.30 66.60 59.30 percent [+]
Labor Force Participation Rate 62.80 63.20 70.30 62.50 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1738477.00 1753086.00 2197833.00 1000000.00 Persons [+]
Wages 42000.00 41774.00 51197.00 0.00 RUB/Month [+]
Wage Growth 4.40 4.90 27.20 -41.40 percent [+]
Wages in Manufacturing 40226.00 41126.00 41126.00 7397.00 RUB/Month [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 RUB/Month [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 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 [+]


Russia Productivity

In Russia, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Russia Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Productivity - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 -0.30 7.50 -4.10 2003 - 2017 percent Yearly
NSA




Country Last Previous
Australia 100.70 Sep/18
Brazil 119.16 Oct/18
Canada 105.70 Sep/18
Euro Area 105.30 Sep/18
France 118.72 Sep/18
Germany 101.20 Sep/18
Italy 104.90 Dec/17
Japan 102.10 Sep/18
Mexico 107.00 Sep/18
Netherlands 33.88 Sep/18
Russia 1.50 Dec/17
Singapore 108.30 Sep/18
South Korea 109.20 Jun/18
Spain 111.70 Sep/18
Switzerland 104.72 Jun/18
United Kingdom 101.20 Sep/18
United States 105.69 Sep/18


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