Russia Labour Productivity Growth

1996 - 2023 | Quarterly | % | CEIC Data

Key information about Russia Labour Productivity Growth

  • Russia Labour Productivity improved by 2.89 % YoY in Sep 2023, compared with a growth of 2.68 % in the previous quarter
  • Russia Labour Productivity Growth data is updated quarterly, available from Mar 1996 to Sep 2023, averaging at 2.71 %
  • The data reached an all-time high of 11.49 % in Dec 1999 and a record low of -8.51 % in Jun 2009

CEIC calculates Labour Productivity Growth from quarterly Real GDP and monthly Employment. Federal State Statistics Service provides Real GDP in local currency based on SNA 2008, at 2021 prices and Employment. Labour Productivity Growth prior to Q1 2012 is calculated from Real GDP based on SNA 1993, at 2008 prices and Employment

View Russia's Labour Productivity Growth from Mar 1996 to Sep 2023 in the chart:

Russia Labour Productivity Growth

What was Russia's Labour Productivity Growth in Sep 2023?

Russia Labour Productivity improved by 2.89 % YoY in Sep 2023, compared with a growth of 2.68 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.89 Sep 2023 2.68 Jun 2023 -8.51 Jun 2009 11.49 Dec 1999 % quarterly Mar 1996 - Sep 2023

Labour Productivity Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 0.50 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) -4.67 2022 yearly 1992 - 2022
Argentina (%) -3.50 2022 yearly 1992 - 2022
Armenia (%) 5.60 Sep 2023 quarterly Mar 2009 - Sep 2023
Australia (%) -0.56 Sep 2023 quarterly Jun 1979 - Sep 2023
Austria (%) -2.26 Jun 2023 quarterly Mar 2005 - Jun 2023
Azerbaijan (%) 0.47 Sep 2023 quarterly Mar 2009 - Sep 2023
Bahrain (%) -3.69 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 5.11 2022 yearly 1992 - 2022
Belarus (%) 7.87 Sep 2023 quarterly Mar 2006 - Sep 2023
Belgium (%) 1.00 Sep 2023 quarterly Mar 2000 - Sep 2023
Bolivia (%) -0.64 2022 yearly 2000 - 2022
Bosnia and Herzegovina (%) 3.24 2022 yearly 2007 - 2022
Botswana (%) 7.30 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.52 2023 yearly 1992 - 2023
Brunei (%) -0.76 2022 yearly 1992 - 2022
Bulgaria (%) 0.67 Jun 2023 quarterly Mar 2001 - Jun 2023
Cambodia (%) 1.17 2021 yearly 2008 - 2021
Canada (%) -1.21 Dec 2023 quarterly Mar 1977 - Dec 2023
Chile (%) -1.31 Sep 2023 quarterly Mar 1987 - Sep 2023
China (%) 4.22 2023 yearly 1953 - 2023
Colombia (%) -2.02 Dec 2023 quarterly Mar 2002 - Dec 2023
Croatia (%) 8.79 Jun 2023 quarterly Mar 2008 - Jun 2023
Cyprus (%) 0.57 Dec 2023 quarterly Jun 2005 - Dec 2023
Czech Republic (%) 1.06 Sep 2023 quarterly Mar 1997 - Sep 2023
Denmark (%) 2.32 Dec 2023 quarterly Mar 1991 - Dec 2023
Ecuador (%) 0.87 2022 yearly 1992 - 2022
Egypt (%) -0.59 Jun 2023 quarterly Mar 2004 - Jun 2023
Estonia (%) -4.78 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) -0.80 Jun 2023 quarterly Mar 2006 - Jun 2023
Finland (%) -1.24 Dec 2023 quarterly Mar 1991 - Dec 2023
France (%) -0.19 2022 yearly 1979 - 2022
Georgia (%) 4.42 2022 yearly 1997 - 2022
Germany (%) -0.88 Dec 2023 quarterly Mar 1992 - Dec 2023
Ghana (%) -0.40 2022 yearly 1992 - 2022
Greece (%) 1.63 Jun 2023 quarterly Mar 1996 - Jun 2023
Hong Kong SAR, China (%) 4.63 Dec 2023 quarterly Dec 1982 - Dec 2023
Hungary (%) -0.78 Dec 2023 quarterly Mar 1999 - Dec 2023
Iceland (%) -2.99 Dec 2023 quarterly Mar 2004 - Dec 2023
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.63 2023 yearly 2001 - 2023
Iran (%) -2.03 2022 yearly 1992 - 2022
Ireland (%) -11.70 Dec 2023 quarterly Mar 1999 - Dec 2023
Israel (%) -6.07 Dec 2023 quarterly Mar 2013 - Dec 2023
Italy (%) -1.13 Dec 2023 quarterly Mar 1997 - Dec 2023
Ivory Coast (%) 3.02 2022 yearly 1992 - 2022
Japan (%) 0.49 Dec 2023 quarterly Mar 1995 - Dec 2023
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 2.00 Sep 2023 quarterly Mar 2002 - Sep 2023
Kenya (%) -2.44 2021 yearly 2011 - 2021
South Korea (%) 1.11 Dec 2023 quarterly Sep 1983 - Dec 2023
Kosovo (%) -0.46 Mar 2023 quarterly Mar 2017 - Mar 2023
Kuwait (%) 1.29 2018 yearly 1993 - 2018
Kyrgyzstan (%) 4.55 2022 yearly 1993 - 2022
Laos (%) -0.89 2022 yearly 1992 - 2022
Latvia (%) -1.41 Jun 2023 quarterly Mar 2003 - Jun 2023
Lebanon (%) -9.16 2021 yearly 1992 - 2021
Lithuania (%) -2.16 Dec 2023 quarterly Mar 1996 - Dec 2023
Luxembourg (%) -3.69 Sep 2023 quarterly Mar 1996 - Sep 2023
Macau SAR, China (%) 80.89 Dec 2023 quarterly Mar 2002 - Dec 2023
North Macedonia (%) 1.22 Sep 2023 quarterly Mar 2005 - Sep 2023
Malawi (%) -4.08 2022 yearly 1992 - 2022
Malaysia (%) 0.46 Dec 2023 quarterly Mar 2001 - Dec 2023
Malta (%) 2.07 Sep 2023 quarterly Dec 2001 - Sep 2023
Mauritius (%) 4.55 Sep 2023 quarterly Mar 2005 - Sep 2023
Mexico (%) 0.64 Dec 2023 quarterly Jun 1996 - Dec 2023
Moldova (%) -4.49 Jun 2023 quarterly Mar 2001 - Jun 2023
Mongolia (%) 3.77 Dec 2023 quarterly Sep 2007 - Dec 2023
Montenegro (%) -5.22 Sep 2023 quarterly Mar 2011 - Sep 2023
Morocco (%) 5.72 2021 yearly 2000 - 2021
Mozambique (%) -0.29 2022 yearly 1992 - 2022
Myanmar (%) 63.00 2021 yearly 1992 - 2021
Nepal (%) 0.58 2022 yearly 1992 - 2022
Netherlands (%) -1.26 Dec 2023 quarterly Mar 1996 - Dec 2023
New Zealand (%) -4.09 Sep 2023 quarterly Jun 1988 - Sep 2023
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) -0.17 Dec 2023 quarterly Mar 1996 - Dec 2023
Oman (%) -5.73 2022 yearly 1999 - 2022
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.78 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 5.30 2022 yearly 1992 - 2022
Paraguay (%) 1.10 Sep 2023 quarterly Mar 2018 - Sep 2023
Peru (%) -1.00 2022 yearly 2002 - 2022
Philippines (%) -0.82 2022 yearly 1992 - 2022
Poland (%) 1.43 Dec 2023 quarterly Dec 1999 - Dec 2023
Portugal (%) 0.97 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 3.04 Jun 2023 quarterly Mar 1996 - Jun 2023
Russia (%) 2.89 Sep 2023 quarterly Mar 1996 - Sep 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 4.48 Dec 2023 quarterly Mar 2015 - Dec 2023
Singapore (%) -0.80 Dec 2023 quarterly Mar 1986 - Dec 2023
Slovakia (%) 1.29 Jun 2023 quarterly Mar 1996 - Jun 2023
Slovenia (%) 0.07 Sep 2023 quarterly Mar 1996 - Sep 2023
South Africa (%) -3.56 Dec 2023 quarterly Mar 2009 - Dec 2023
Spain (%) -1.53 Dec 2023 quarterly Mar 1996 - Dec 2023
Sri Lanka (%) 1.62 Sep 2023 quarterly Jun 2013 - Sep 2023
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) -1.16 Dec 2023 quarterly Mar 1994 - Dec 2023
Switzerland (%) -2.27 Dec 2023 quarterly Mar 2011 - Dec 2023

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Russia Key Series

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Includes 274 key indicators for Russia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.8 Sep 2023 quarterly Dec 1993 - Sep 2023
Consolidated Fiscal Balance (USD mn) 5,598.012 Jan 2024 monthly Jan 1993 - Jan 2024
Tax Revenue (USD mn) 398,666.366 Dec 2023 monthly Jan 1996 - Dec 2023
Tax Revenue: % of GDP (%) 20.5 Sep 2023 quarterly Mar 1996 - Sep 2023
National Government Debt (USD mn) 287,795.5 Jan 2024 monthly May 2009 - Jan 2024
Government Debt: % of GDP (%) 15.7 Sep 2023 quarterly Dec 2011 - Sep 2023
Forecast: Government Expenditure (RUB bn) 65,352.080 2028 yearly 1998 - 2028
Forecast: Government Net Debt (RUB bn) 35,477.290 2028 yearly 1997 - 2028
Forecast: Government Revenue (RUB bn) 65,847.280 2028 yearly 1998 - 2028
Consolidated Government Revenue: ytd: Taxes & Contributions for Social Needs (RUB bn) 11,651.900 Dec 2023 monthly Jun 2006 - Dec 2023
Consolidated Government Revenue: ytd: ow Excise Tax: Goods Produced in Russia (RUB bn) -677.000 Dec 2023 monthly Aug 2003 - Dec 2023
Consolidated Government Revenue: ytd: ow Excise Tax: Goods Imported in Russia (RUB bn) 164.189 Dec 2023 monthly Aug 2003 - Dec 2023
Consolidated Government Revenue: ytd: ow VAT: Goods, Works, Services Imported in... (RUB bn) 4,432.168 Dec 2023 monthly Jan 2005 - Dec 2023
Consolidated Government Budget Balance: ytd (RUB bn) 498.125 Jan 2024 monthly Jan 1993 - Jan 2024
Domestic Debt (RUB bn) 20,962.126 Jan 2024 monthly Dec 2008 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.711 2028 yearly 1993 - 2028
Trade Balance (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Total Exports (USD mn) 32,935.8 Jan 2023 monthly Jan 1998 - Jan 2023
Total Exports Growth (%) -28.2 Jan 2023 monthly Jan 1999 - Jan 2023
Aluminum: Exports (USD th) 8,678,074.121 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 669,474.170 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 853,839.583 2022 yearly 1995 - 2022
Total Imports (USD mn) 22,203.9 Jan 2023 monthly Jan 1998 - Jan 2023
Total Imports Growth (%) -4.8 Jan 2023 monthly Jan 1999 - Jan 2023
Imports: Medicament (USD th) 9,142,933.576 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 3,782,568.965 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 968.400 Jan 2022 monthly Mar 2004 - Jan 2022
Total Imports from USA (USD mn) 1,311.100 Jan 2022 monthly Jan 1992 - Jan 2022
Total Exports to China (USD mn) 5,804.600 Jan 2022 monthly Mar 2004 - Jan 2022
Total Imports from China (USD mn) 7,204.900 Jan 2022 monthly Jan 1992 - Jan 2022
MED Forecast: World Urals Price: Baseline Scenario (USD/Barrel) 70.017 2026 yearly 2020 - 2026
MED Forecast: World Urals Price: Conservative Scenario (USD/Barrel) 56.496 2026 yearly 2020 - 2026
MED Forecast: GDP Deflator: YoY: Conservative Scenario (%) 3.665 2026 yearly 2020 - 2026
MED Forecast: Real GDP Growth: YoY: Baseline Scenario (%) 2.242 2026 yearly 2020 - 2026
MED Forecast: Real GDP Growth: YoY: Conservative Scenario (%) 1.520 2026 yearly 2020 - 2026
MED Forecast: GDP Deflator: YoY: Baseline Scenario (%) 3.679 2026 yearly 2020 - 2026
Foreign Trade Balance: Central Bank (USD mn) 10,219.000 Dec 2023 monthly Jan 1997 - Dec 2023
Foreign Trade Turnover: CB: Quarterly: Import of Goods (USD bn) 75.659 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Trade Turnover: CB: Quarterly: Export of Goods (USD bn) 108.928 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Trade Turnover: CB: Quarterly: Export of Services: sa (USD bn) 15.431 Dec 2021 quarterly Mar 1994 - Dec 2021
Foreign Trade Turnover: CB: Quarterly: Import of Services: sa (USD bn) 21.231 Dec 2021 quarterly Mar 1994 - Dec 2021
MED Forecast: Export Products: Conservative Scenario (USD bn) 463.594 2024 yearly 2020 - 2024
MED Forecast: Import Products: Baseline Scenario (USD bn) 335.491 2026 yearly 2020 - 2026
MED Forecast: Import Products: Conservative Scenario (USD bn) 317.603 2024 yearly 2020 - 2024
Exports: ytd: European Union: Netherlands (USD mn) 4,802.400 Jan 2022 monthly Feb 2004 - Jan 2022
Exports: ytd: Turkey (USD mn) 4,261.700 Jan 2022 monthly Feb 2004 - Jan 2022
Imports: ytd: Clothing (USD mn) 657.500 Jan 2022 monthly Dec 2004 - Jan 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,912.4 Sep 2023 quarterly Mar 1994 - Sep 2023
Current Account Balance (USD mn) 600.0 Dec 2023 monthly Jan 2012 - Dec 2023
Current Account Balance: % of GDP (%) 3.5 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Direct Investment (USD mn) 888.0 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.1 Dec 2022 quarterly Mar 1994 - Dec 2022
Foreign Portfolio Investment (USD mn) -2,685.610 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.3 Jun 2023 quarterly Mar 1994 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1,377.0 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -1,308.630 Sep 2023 quarterly Mar 1994 - Sep 2023
External Debt (USD mn) 326,589.0 Dec 2023 quarterly Dec 2000 - Dec 2023
External Debt: % of GDP (%) 16.3 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 81,431.3 Sep 2023 quarterly Dec 2001 - Sep 2023
External Debt: Short Term: % of GDP (%) 3.2 2022 yearly 2001 - 2022
Forecast: Current Account Balance (USD bn) 45.538 2028 yearly 1992 - 2028
Net International Investment Position (USD mn) 828,779.340 Sep 2023 quarterly Dec 2013 - Sep 2023
RU: BoP: Financial Account: Official Reserve Assets (USD mn) 15,384.980 Dec 2019 quarterly Mar 1994 - Dec 2019
RU: BoP: Net Errors & Omissions (USD mn) 1,003.680 Dec 2019 quarterly Mar 1994 - Dec 2019
RU: BoP: Financial Account: Other Investment: Liabilities (USD mn) 261.490 Dec 2019 quarterly Mar 1994 - Dec 2019
BoP: Current Account: sa: Goods: Exports (USD mn) 139,127.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Goods (USD mn) 59,772.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Services: Exports (USD mn) 15,431.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Services: Imports (USD mn) 21,231.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Services (USD mn) -5,800.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Primary Income (USD mn) -4,919.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Primary Income: Receivable (USD mn) 8,534.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Goods: Imports (USD mn) 79,354.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Primary Income: Payable (USD mn) 13,453.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Secondary Income: Payable (USD mn) 3,928.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Secondary Income (USD mn) -1,569.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Secondary Income: Receivable (USD mn) 2,359.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: NP: FA: Direct Investment: Net Incurrence of Liabilities (USD mn) 1,416.580 Dec 2018 quarterly Mar 2000 - Dec 2018
BoP: CA: Secondary Income: FC: Personal Transfers: Debit (USD mn) 3,693.690 Dec 2018 quarterly Mar 1994 - Dec 2018
BoP: CA: Secondary Income: FC: Personal Transfers: Credit (USD mn) 1,195.990 Dec 2018 quarterly Mar 1994 - Dec 2018
BoP: CA: Secondary Income: FC: Personal Transfers (Current Transfers between Res... (USD mn) -2,497.700 Dec 2018 quarterly Mar 1994 - Dec 2018
FDI: BoP Data: Outward (USD mn) 27,837.445 Dec 2021 quarterly Mar 1994 - Dec 2021
FDI: BoP Data: Inward (USD mn) 13,120.334 Dec 2021 quarterly Mar 1994 - Dec 2021
External Debt: Long Term (USD mn) 240,881.370 Sep 2023 quarterly Dec 2002 - Sep 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 16.8 Nov 2020 monthly Jun 2009 - Nov 2020
Household Debt: % of GDP (%) 21.1 Sep 2023 quarterly Dec 2000 - Sep 2023
Money Supply M1 (USD mn) 544,246.920 Jan 2024 monthly Dec 2007 - Jan 2024
Money Supply M2 (USD mn) 1,095,510.406 Jan 2024 monthly Jun 1992 - Jan 2024
M2 Growth (%) 19.0 Jan 2024 monthly Dec 1992 - Jan 2024
Reserve Requirement Ratio (%) 4.5 Feb 2024 monthly Jul 2004 - Feb 2024
Foreign Exchange Reserves (USD mn) 405,596.0 Jan 2024 monthly Dec 1996 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 18.828 Sep 2023 quarterly Dec 2011 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 19.1 Jan 2023 monthly Jan 1998 - Jan 2023
Gold Reserves (USD mn) 151,516.000 Jan 2024 monthly Dec 1993 - Jan 2024
Total Deposits (USD mn) 972,721.967 Jan 2022 monthly Jan 1998 - Jan 2022
Total Deposits Growth (%) 14.1 Jan 2022 monthly Jan 1999 - Jan 2022
Domestic Credit (USD mn) 1,329,086.2 Jan 2024 monthly Dec 2000 - Jan 2024
Domestic Credit Growth (%) 25.4 Jan 2024 monthly Dec 2001 - Jan 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.000 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 375.478 Sep 2023 quarterly Mar 1998 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 1,698.238 Sep 2023 quarterly Jun 1995 - Sep 2023
Household Debt (USD mn) 399,645.6 Jan 2024 monthly Dec 2000 - Jan 2024
Total Loans (USD mn) 1,199,473.962 Dec 2023 monthly Sep 2002 - Dec 2023
Total Loans Growth (%) 24.32 Dec 2023 monthly Sep 2003 - Dec 2023
Private Debt: % of Nominal GDP (%) 57.84 Sep 2023 quarterly Sep 2002 - Sep 2023
Money Supply: M2: M1: M0: Cash (RUB bn) 16,756.400 Jan 2024 monthly Dec 1991 - Jan 2024
Banking System Survey: Domestic Claims (RUB mn) 54,882,039.000 Apr 2019 monthly Dec 2014 - Apr 2019
Loans Debt (RUB bn) 107,578.781 Dec 2023 monthly Sep 2002 - Dec 2023
Loans: As % of Total: Loss (%) 7.379 Nov 2020 monthly Jun 2009 - Nov 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.0 Feb 2024 monthly Jan 2006 - Feb 2024
Entrepreneur Confidence Indicator: Construction (% Point) -20.000 Mar 2019 quarterly Jun 2002 - Mar 2019

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