Russia Labour Productivity Growth
Key information about Russia Labour Productivity Growth
- Russia Labour Productivity dropped by 3.11 % YoY in Dec 2023, compared with a growth of 4.00 % in the previous quarter
- Russia Labour Productivity Growth data is updated quarterly, available from Mar 1996 to Dec 2023, averaging at 2.80 %
- 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 Dec 2023 in the chart:
What was Russia's Labour Productivity Growth in Dec 2023?
Russia Labour Productivity dropped by 3.11 % YoY in Dec 2023, compared with a growth of 4.00 % in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.11 Dec 2023 | 4.00 Sep 2023 | -8.51 Jun 2009 | 11.49 Dec 1999 | % | quarterly | Mar 1996 - Dec 2023 |
Labour Productivity Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
Argentina (%) | -4.51 2023 | yearly | 1992 - 2023 |
Armenia (%) | 5.60 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Australia (%) | -1.63 Dec 2023 | quarterly | Jun 1979 - Dec 2023 |
Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
Azerbaijan (%) | -0.20 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Bahrain (%) | -3.69 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 5.11 2022 | yearly | 1992 - 2022 |
Belarus (%) | 5.19 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Belgium (%) | 0.10 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
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 (%) | 0.68 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
Canada (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
Chile (%) | -2.14 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
China (%) | 4.22 2023 | yearly | 1953 - 2023 |
Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Croatia (%) | 10.94 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
Czech Republic (%) | 2.26 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Denmark (%) | 2.54 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | -1.05 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
France (%) | -1.25 2022 | yearly | 1979 - 2022 |
Georgia (%) | 5.23 2022 | yearly | 1997 - 2022 |
Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
Greece (%) | 0.13 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Hong Kong SAR, China (%) | 4.63 Dec 2023 | quarterly | Dec 1982 - Dec 2023 |
Hungary (%) | -0.80 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 (%) | -6.61 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 (%) | 0.65 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 (%) | 7.14 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 (%) | -2.31 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Luxembourg (%) | -2.38 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
North Macedonia (%) | 1.24 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Malta (%) | 0.89 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
Mauritius (%) | 7.38 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Moldova (%) | -1.25 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
Montenegro (%) | -4.61 Dec 2023 | quarterly | Mar 2011 - Dec 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 (%) | -1.32 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
New Zealand (%) | -2.86 Dec 2023 | quarterly | Jun 1988 - Dec 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 (%) | 0.66 Dec 2023 | quarterly | Mar 2018 - Dec 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 (%) | 1.07 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
Romania (%) | 0.75 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 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 (%) | 0.67 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Slovenia (%) | 1.51 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Spain (%) | -1.58 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Sri Lanka (%) | 7.10 Dec 2023 | quarterly | Jun 2013 - Dec 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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Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 1,253.2 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Current Account Balance (USD mn) | 600.0 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
Current Account Balance: % of GDP (%) | 2.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Direct Investment (USD mn) | -3,075.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Direct Investment: % of GDP (%) | 0.1 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Foreign Portfolio Investment (USD mn) | -978.090 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Portfolio Investment: % of GDP (%) | -0.2 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Portfolio Investment: Equity Securities (USD mn) | -476.2 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -501.870 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
External Debt (USD mn) | 304,007.0 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
External Debt: % of GDP (%) | 15.7 2023 | yearly | 1993 - 2023 |
External Debt: Short Term (USD mn) | 88,886.6 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
External Debt: Short Term: % of GDP (%) | 4.4 2023 | yearly | 2001 - 2023 |
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: Imports (USD mn) | 79,354.000 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: 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: Goods (USD mn) | 59,772.000 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: Primary Income: Receivable (USD mn) | 8,534.000 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: Current Account: sa: Primary Income (USD mn) | -4,919.000 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: Payable (USD mn) | 3,928.000 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
BoP: AP: Capital Account (USD mn) | -1,260.470 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
BoP: AP: Balance from Current and Capital Account (USD mn) | 10,239.400 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
BoP: NP: FA: Direct Investment (USD mn) | 4,328.300 Dec 2023 | quarterly | Mar 1994 - Dec 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: 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 |
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) | 13,120.334 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
FDI: BoP Data: Outward (USD mn) | 27,837.445 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
External Debt: Long Term (USD mn) | 227,960.810 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
No of Registered New Enterprises (Unit) | 24,247.000 Feb 2024 | monthly | Jun 1999 - Feb 2024 |
No of Liquidated Enterprises: OKVED2 (Unit) | 13,344.000 Feb 2024 | monthly | Jun 1999 - Feb 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 16.8 Nov 2020 | monthly | Jun 2009 - Nov 2020 |
Household Debt: % of GDP (%) | 20.6 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Money Supply M1 (USD mn) | 537,381.407 Feb 2024 | monthly | Dec 2007 - Feb 2024 |
Money Supply M2 (USD mn) | 1,082,212.537 Feb 2024 | monthly | Jun 1992 - Feb 2024 |
M2 Growth (%) | 18.4 Feb 2024 | monthly | Dec 1992 - Feb 2024 |
Reserve Requirement Ratio (%) | 4.5 Mar 2024 | monthly | Jul 2004 - Mar 2024 |
Foreign Exchange Reserves (USD mn) | 396,186.0 Mar 2024 | monthly | Dec 1996 - Mar 2024 |
Foreign Exchange Reserves: % of GDP (%) | 20.521 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 19.1 Jan 2023 | monthly | Jan 1998 - Jan 2023 |
Gold Reserves (USD mn) | 166,039.000 Mar 2024 | monthly | Dec 1993 - Mar 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) | 1,320,578.6 Feb 2024 | monthly | Dec 2000 - Feb 2024 |
Domestic Credit Growth (%) | 24.6 Feb 2024 | monthly | Dec 2001 - Feb 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) | 391,435.0 Feb 2024 | monthly | Dec 2000 - Feb 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 (%) | 56.28 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
Official Reserve Assets (USD mn) | 590,374.000 Mar 2024 | monthly | Dec 1996 - Mar 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 |
Credit Institutions: Total Assets (RUB mn) | 166,815,808.642 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 2.0 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
Entrepreneur Confidence Indicator: Construction (% Point) | -20.000 Mar 2019 | quarterly | Jun 2002 - Mar 2019 |
Entrepreneur Confidence Indicator: OKVED2: Mining & Quarrying (% Point) | 1.000 Mar 2024 | monthly | Jan 2017 - Mar 2024 |
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