Russia Labour Productivity Growth

1996 - 2020 | Quarterly | % | CEIC Data

Russia Labour Productivity improved by 0.69 % YoY in Dec 2020, compared with a drop of 0.89 % in the previous quarter. Russia Labour Productivity Growth data is updated quarterly, available from Mar 1996 to Dec 2020, averaging at 2.86 %. 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 2016 prices and Employment. Labour Productivity Growth prior to Q1 2012 is calculated from Real GDP based on SNA 1993, at 2008 prices and Employment.

In the latest reports, Russia Population reached 146.17 million people in Dec 2020. Its Unemployment Rate dropped to 6.35 % in Sep 2020. Monthly Earnings of Russia stood at 688.75 USD in Feb 2021. The country's Labour Force Participation Rate dropped to 67.91 % in Dec 2020.

View Russia's Labour Productivity Growth from Mar 1996 to Dec 2020 in the chart:

Russia Labour Productivity Growth

What was Russia's Labour Productivity Growth in Dec 2020?

Last Previous Min Max Unit Frequency Range
0.69 Dec 2020 -0.89 Sep 2020 -8.51 Jun 2009 11.49 Dec 1999 % quarterly Mar 1996 - Dec 2020

Labour Productivity Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 3.85 Dec 2020 quarterly Mar 2010 - Dec 2020
Algeria (%) -0.29 2019 yearly 1992 - 2019
Argentina (%) -2.96 2019 yearly 1992 - 2019
Armenia (%) -7.59 Dec 2020 quarterly Mar 2009 - Dec 2020
Australia (%) 0.00 Dec 2020 quarterly Jun 1979 - Dec 2020
Austria (%) -4.37 Dec 2020 quarterly Mar 2005 - Dec 2020
Azerbaijan (%) -4.94 Dec 2020 quarterly Mar 2009 - Dec 2020
Bahrain (%) 2.49 Dec 2020 quarterly Mar 2009 - Dec 2020
Bangladesh (%) 6.05 2019 yearly 1992 - 2019
Belarus (%) -0.40 Dec 2020 quarterly Mar 2006 - Dec 2020
Belgium (%) -4.02 Dec 2020 quarterly Mar 2000 - Dec 2020
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 2.94 2018 yearly 2007 - 2018
Botswana (%) -2.48 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) -1.11 2019 yearly 1992 - 2019
Brunei (%) 3.22 2019 yearly 1992 - 2019
Bulgaria (%) -2.89 Dec 2020 quarterly Mar 2001 - Dec 2020
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.32 Dec 2020 quarterly Mar 1977 - Dec 2020
Chile (%) 14.90 Dec 2020 quarterly Mar 1987 - Dec 2020
China (%) 6.16 2019 yearly 1953 - 2019
Colombia (%) 3.06 Dec 2020 quarterly Mar 2002 - Dec 2020
Croatia (%) -4.71 Dec 2020 quarterly Mar 2008 - Dec 2020
Cyprus (%) -4.03 Dec 2020 quarterly Jun 2005 - Dec 2020
Czech Republic (%) -3.18 Dec 2020 quarterly Dec 2004 - Dec 2020
Denmark (%) -0.77 Dec 2020 quarterly Mar 1991 - Dec 2020
Ecuador (%) -1.48 2019 yearly 1992 - 2019
Egypt (%) -2.34 Dec 2020 quarterly Mar 2004 - Dec 2020
Estonia (%) 2.91 Dec 2020 quarterly Mar 1996 - Dec 2020
European Union (%) -2.52 Dec 2020 quarterly Mar 2001 - Dec 2020
Finland (%) 0.48 Dec 2020 quarterly Mar 1991 - Dec 2020
France (%) 0.38 2019 yearly 1979 - 2019
Georgia (%) 5.23 2019 yearly 1997 - 2019
Germany (%) -1.09 Dec 2020 quarterly Mar 1992 - Dec 2020
Ghana (%) 3.90 2019 yearly 1992 - 2019
Greece (%) -4.46 Dec 2020 quarterly Mar 1996 - Dec 2020
Hong Kong SAR, China (%) 11.10 Mar 2021 quarterly Dec 1982 - Mar 2021
Hungary (%) -2.96 Dec 2020 quarterly Mar 1999 - Dec 2020
Iceland (%) -0.73 Dec 2020 quarterly Mar 2004 - Dec 2020
India (%) 2.63 2019 yearly 1992 - 2019
Indonesia (%) -1.84 2020 yearly 2001 - 2020
Iran (%) -9.20 2019 yearly 1992 - 2019
Ireland (%) 3.91 Dec 2020 quarterly Mar 1999 - Dec 2020
Israel (%) 0.92 Dec 2020 quarterly Mar 2013 - Dec 2020
Italy (%) -4.31 Dec 2020 quarterly Mar 1997 - Dec 2020
Ivory Coast (%) 3.20 2019 yearly 1992 - 2019
Japan (%) -0.29 Dec 2020 quarterly Mar 1995 - Dec 2020
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) -4.52 Sep 2020 quarterly Mar 2002 - Sep 2020
Kenya (%) 1.01 2019 yearly 2011 - 2019
South Korea (%) 3.25 Mar 2021 quarterly Sep 1983 - Mar 2021
Kosovo (%) -4.03 Sep 2020 quarterly Mar 2017 - Sep 2020
Kuwait (%) -1.25 2019 yearly 1996 - 2019
Kyrgyzstan (%) 2.02 2019 yearly 1993 - 2019
Laos (%) 2.62 2019 yearly 1992 - 2019
Latvia (%) 1.55 Dec 2020 quarterly Mar 2003 - Dec 2020
Lebanon (%) -8.30 2019 yearly 1992 - 2019
Lithuania (%) 1.11 Dec 2020 quarterly Mar 1996 - Dec 2020
Luxembourg (%) -0.36 Dec 2020 quarterly Mar 1996 - Dec 2020
Macau SAR, China (%) -45.77 Dec 2020 quarterly Mar 2002 - Dec 2020
North Macedonia (%) 1.49 Dec 2020 quarterly Mar 2005 - Dec 2020
Malawi (%) 1.15 2019 yearly 1992 - 2019
Malaysia (%) -0.45 Mar 2021 quarterly Mar 2001 - Mar 2021
Malta (%) -5.45 Dec 2020 quarterly Dec 2001 - Dec 2020
Mauritius (%) -5.37 Sep 2020 quarterly Mar 2005 - Sep 2020
Mexico (%) -0.09 Dec 2020 quarterly Jun 2001 - Dec 2020
Moldova (%) 1.45 Dec 2020 quarterly Mar 2001 - Dec 2020
Mongolia (%) 5.36 Dec 2020 quarterly Sep 2007 - Dec 2020
Montenegro (%) 10.62 Dec 2020 quarterly Mar 2011 - Dec 2020
Morocco (%) 0.94 2019 yearly 2000 - 2019
Mozambique (%) -1.00 2019 yearly 1992 - 2019
Myanmar (%) 4.64 2019 yearly 1992 - 2019
Nepal (%) 3.56 2019 yearly 1992 - 2019
Netherlands (%) -1.85 Dec 2020 quarterly Mar 1996 - Dec 2020
New Zealand (%) 0.45 Dec 2020 quarterly Jun 1988 - Dec 2020
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 1.15 Dec 2020 quarterly Mar 1996 - Dec 2020
Oman (%) 2.52 2019 yearly 1999 - 2019
Pakistan (%) 3.09 2015 yearly 2001 - 2015
Palestinian Territory (%) -8.01 Dec 2020 quarterly Jun 2013 - Dec 2020
Panama (%) 0.80 2019 yearly 1992 - 2019
Paraguay (%) 1.41 Dec 2020 quarterly Mar 2018 - Dec 2020
Peru (%) 0.10 2019 yearly 2002 - 2019
Philippines (%) -3.69 2020 yearly 1985 - 2020
Poland (%) -3.24 Dec 2020 quarterly Dec 1999 - Dec 2020
Portugal (%) -5.66 Dec 2020 quarterly Mar 1996 - Dec 2020
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 0.07 Dec 2020 quarterly Mar 1996 - Dec 2020
Russia (%) 0.69 Dec 2020 quarterly Mar 1996 - Dec 2020
Saudi Arabia (%) -3.59 2020 yearly 1971 - 2020
Serbia (%) -0.49 Dec 2020 quarterly Mar 2015 - Dec 2020
Singapore (%) 2.40 Dec 2020 quarterly Mar 1986 - Dec 2020
Slovakia (%) -0.12 Dec 2020 quarterly Mar 1996 - Dec 2020
Slovenia (%) -3.11 Dec 2020 quarterly Mar 1996 - Dec 2020
South Africa (%) 4.78 Dec 2020 quarterly Mar 2009 - Dec 2020
Spain (%) -2.17 Mar 2021 quarterly Mar 1996 - Mar 2021
Sri Lanka (%) 3.18 Dec 2020 quarterly Jun 2013 - Dec 2020
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) -0.33 Dec 2020 quarterly Mar 1994 - Dec 2020
Switzerland (%) -1.89 Dec 2020 quarterly Mar 2011 - Dec 2020

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Russia Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2020 quarterly Dec 1993 - Dec 2020
Consolidated Fiscal Balance (USD mn) -10,273.627 Feb 2021 monthly Jan 1993 - Feb 2021
Tax Revenue (USD mn) 80,037.346 Mar 2021 monthly Jan 1996 - Mar 2021
Tax Revenue: % of GDP (%) 20.0 Dec 2020 quarterly Mar 1996 - Dec 2020
National Government Debt (USD mn) 256,531.0 Feb 2021 monthly May 2009 - Feb 2021
Government Debt: % of GDP (%) 17.7 Dec 2020 quarterly Dec 2011 - Dec 2020
Forecast: Government Expenditure (RUB bn) 52,845.670 2026 yearly 1998 - 2026
Forecast: Government Net Debt (RUB bn) 27,320.060 2026 yearly 1997 - 2026
Forecast: Government Revenue (RUB bn) 52,862.710 2026 yearly 1998 - 2026
Consolidated Government Revenue: ytd: ow Excise Tax: Goods Produced in Russia (RUB bn) 192.583 Feb 2021 monthly Aug 2003 - Feb 2021
Consolidated Government Revenue: ytd: ow Excise Tax: Goods Imported in Russia (RUB bn) 15.755 Feb 2021 monthly Aug 2003 - Feb 2021
Consolidated Government Revenue: ytd: Taxes & Contributions for Social Needs (RUB bn) 1,171.215 Feb 2021 monthly Jun 2006 - Feb 2021
Consolidated Government Revenue: ytd: ow VAT: Goods, Works, Services Imported in... (RUB bn) 452.761 Feb 2021 monthly Jan 2005 - Feb 2021
Consolidated Government Budget Balance: ytd (RUB bn) -680.207 Feb 2021 monthly Jan 1993 - Feb 2021
Domestic Debt (RUB bn) 15,434.447 Mar 2021 monthly Dec 2008 - Mar 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.459 2026 yearly 1993 - 2026
Trade Balance (USD mn) 9,044.6 Feb 2021 monthly Jan 1998 - Feb 2021
Total Exports (USD mn) 29,584.4 Feb 2021 monthly Jan 1998 - Feb 2021
Total Exports Growth (%) 1.7 Feb 2021 monthly Jan 1999 - Feb 2021
Aluminum: Exports (USD th) 7,059,353.778 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 567,033.254 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 288,937.367 2019 yearly 1995 - 2019
Total Imports (USD mn) 20,539.8 Feb 2021 monthly Jan 1998 - Feb 2021
Total Imports Growth (%) 15.9 Feb 2021 monthly Jan 1999 - Feb 2021
Imports: Medicament (USD th) 10,869,602.189 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 3,492,713.540 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 1,072.700 Dec 2020 monthly Mar 2004 - Dec 2020
Total Imports from USA (USD mn) 1,391.500 Feb 2021 monthly Jan 1992 - Feb 2021
Total Exports to China (USD mn) 4,157.500 Feb 2021 monthly Mar 2004 - Feb 2021
Total Imports from China (USD mn) 4,717.600 Feb 2021 monthly Jan 1992 - Feb 2021
RU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Belarus (USD mn) 2,023.945 Jan 2021 monthly Jan 1994 - Jan 2021
Foreign Trade Turnover: CB: Quarterly: Export of Goods (USD bn) 93.698 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Trade Turnover: CB: Quarterly: Import of Goods (USD bn) 64.140 Mar 2021 quarterly Mar 1994 - Mar 2021
Foreign Trade Turnover: CB: Quarterly: Export of Services: sa (USD bn) 11.779 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Trade Turnover: CB: Quarterly: Import of Services: sa (USD bn) 16.668 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Trade Balance: Central Bank (USD mn) 8,315.000 Feb 2021 monthly Jan 1997 - Feb 2021
Imports: ytd: Passenger Car (USD mn) 1,062.500 Feb 2021 monthly Dec 2004 - Feb 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,157.9 Dec 2020 quarterly Mar 1994 - Dec 2020
Current Account Balance (USD mn) 3,700.0 Mar 2021 monthly Jan 2012 - Mar 2021
Current Account Balance: % of GDP (%) 1.5 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Direct Investment (USD mn) 3,885.6 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Direct Investment: % of GDP (%) 1.0 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) -1,973.6 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) 0.2 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Portfolio Investment (USD mn) 675.260 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 2,648.860 Dec 2020 quarterly Mar 1994 - Dec 2020
External Debt (USD mn) 459,306.0 Mar 2021 quarterly Dec 2000 - Mar 2021
External Debt: % of GDP (%) 31.5 2020 yearly 1993 - 2020
External Debt: Short Term (USD mn) 62,189.0 Dec 2020 quarterly Dec 2001 - Dec 2020
External Debt: Short Term: % of GDP (%) 4.2 2020 yearly 2001 - 2020
Forecast: Current Account Balance (USD bn) 42.379 2026 yearly 1992 - 2026
Net International Investment Position (USD mn) 504,533.200 Dec 2020 quarterly Dec 2013 - Dec 2020
RU: BoP: Financial Account: Other Investment: Liabilities (USD mn) 261.490 Dec 2019 quarterly Mar 1994 - Dec 2019
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
BoP: Current Account: sa: Primary Income: Receivable (USD mn) 11,417.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Secondary Income (USD mn) -1,047.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Primary Income (USD mn) -11,365.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Primary Income: Payable (USD mn) 22,782.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Secondary Income: Receivable (USD mn) 3,358.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Secondary Income: Payable (USD mn) 4,405.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Goods (USD mn) 21,328.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Goods: Exports (USD mn) 84,380.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Goods: Imports (USD mn) 63,052.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Services (USD mn) -4,888.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Services: Exports (USD mn) 11,779.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Current Account: sa: Services: Imports (USD mn) 16,668.000 Dec 2020 quarterly Mar 1994 - Dec 2020
BoP: Analytical Presentation (AP): Current Account (CA) (USD mn) 16,800.000 Mar 2021 quarterly Mar 2000 - Mar 2021
BoP: AP: CA: Services (USD mn) -2,600.000 Mar 2021 quarterly Mar 2000 - Mar 2021
BoP: AP: CA: Goods (USD mn) 24,400.000 Mar 2021 quarterly Mar 2000 - Mar 2021
BoP: NP: CA: Primary Income (USD mn) -11,203.850 Dec 2020 quarterly Mar 2000 - Dec 2020
BoP: NP: CA: Primary Income: Payable (USD mn) 23,577.280 Dec 2020 quarterly Mar 2000 - Dec 2020
BoP: NP: FA: Direct Investment: Net Incurrence of Liabilities (USD mn) 1,416.580 Dec 2018 quarterly Mar 2000 - Dec 2018
BoP: NP: FA: Other Investment: Net Acquisition of Financial Assets (USD mn) 2,007.220 Dec 2020 quarterly Mar 2000 - Dec 2020
BoP: CA: Secondary Income: FC: Personal Transfers (Current Transfers between Res... (USD mn) -2,497.700 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: Debit (USD mn) 3,693.690 Dec 2018 quarterly Mar 1994 - Dec 2018
FDI: BoP Data: Inward (USD mn) 3,885.589 Dec 2020 quarterly Mar 1994 - Dec 2020
FDI: BoP Data: Outward (USD mn) 3,157.868 Dec 2020 quarterly Mar 1994 - Dec 2020
External Debt: Long Term (USD mn) 405,670.000 Dec 2020 quarterly Dec 2002 - Dec 2020
No of Liquidated Enterprises: OKVED2 (Unit) 74.000 Mar 2021 monthly Jun 1999 - Mar 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 16.8 Nov 2020 monthly Jun 2009 - Nov 2020
Household Debt: % of GDP (%) 20.2 Dec 2020 quarterly Dec 2000 - Dec 2020
Money Supply M1 (USD mn) 425,326.575 Mar 2021 monthly Dec 2007 - Mar 2021
Money Supply M2 (USD mn) 769,614.662 Mar 2021 monthly Jun 1992 - Mar 2021
M2 Growth (%) 11.3 Mar 2021 monthly Dec 1992 - Mar 2021
Reserve Requirement Ratio (%) 4.8 Apr 2021 monthly Jul 2004 - Apr 2021
Foreign Exchange Reserves (USD mn) 435,984.0 Mar 2021 monthly Dec 1996 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 29.998 Dec 2020 quarterly Dec 2011 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 21.6 Feb 2021 monthly Jan 1998 - Feb 2021
Gold Reserves (USD mn) 125,287.000 Mar 2021 monthly Dec 1993 - Mar 2021
Total Deposits Growth (%) 10.4 Feb 2021 monthly Jan 1999 - Feb 2021
Total Deposits (USD mn) 899,645.210 Feb 2021 monthly Jan 1998 - Feb 2021
Domestic Credit (USD mn) 939,273.6 Mar 2021 monthly Dec 2000 - Mar 2021
Domestic Credit Growth (%) 22.5 Mar 2021 monthly Dec 2001 - Mar 2021
Debt Service Ratio: Private Non-Financial Sector (%) 11.800 Sep 2020 quarterly Mar 1999 - Sep 2020
Credit to Households (USD bn) 286.996 Sep 2020 quarterly Mar 1998 - Sep 2020
Credit to Private Non-Financial Sector (USD bn) 1,494.918 Sep 2020 quarterly Jun 1995 - Sep 2020
Household Debt (USD mn) 296,258.5 Feb 2021 monthly Dec 2000 - Feb 2021
Total Loans (USD mn) 912,255.009 Mar 2021 monthly Sep 2002 - Mar 2021
Total Loans Growth (%) 9.92 Mar 2021 monthly Sep 2003 - Mar 2021
Private Debt: % of Nominal GDP (%) 53.47 Dec 2020 quarterly Sep 2002 - Dec 2020
Banking System Survey: Domestic Claims (RUB mn) 54,882,039.000 Apr 2019 monthly Dec 2014 - Apr 2019
Loans: As % of Total: Doubtful (%) 6.459 Nov 2020 monthly Jun 2009 - Nov 2020
Loans: As % of Total: Problem (%) 2.956 Nov 2020 monthly Jun 2009 - Nov 2020
Loans: As % of Total: Loss (%) 7.379 Nov 2020 monthly Jun 2009 - Nov 2020
Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point) 0.0 Apr 2021 monthly Jan 2017 - Apr 2021
Business Confidence Growth (% Point) 7.0 Apr 2021 monthly Jan 2006 - Apr 2021
Entrepreneur Confidence Indicator: Construction (% Point) -20.000 Mar 2019 quarterly Jun 2002 - Mar 2019

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