Russia

Russia Industry

Russia Industry

Industrial Production in Russia

In the decade leading up to 2022, Russia's economy recorded an average industrial production growth of 2.0%, below the Eastern Europe's average of 3.2%. In 2022, the industrial production growth was 0.8%. For more industry information, visit our dedicated page.

Russia Industry Chart

  • Russia

    Chart

    Line chart with 10 data points.
    The chart has 1 X axis displaying Years. Data ranges from 2014 to 2023.
    The chart has 1 Y axis displaying Industrial Production (ann. var. %). Data ranges from -2.1 to 6.3.
    End of interactive chart.

    Note: This chart displays Industrial Production (annual variation in %) for Russia from 2014 to 2023.
    Source: Macrobond.

    Russia Industry Data

    2019 2020 2021 2022 2023
    Industrial Production (ann. var. %) 3.4 -2.1 6.3 0.9 4.1
    Consensus Forecasts and Projections for the next ten years

    How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Russian industry projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Russian industry.

    Download one of our sample reports to visualize what a Consensus Forecast is and see our Russian industry projections.

    Want to get access to the full dataset of Russian industry forecasts? Send an email to info@focus-economics.com.

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