The manufacturing sector's gross value added accounted for 12.45 percent of Russia's gross domestic product (GDP) in 2023, the largest share among other industries. Wholesale and retail trade followed, with a share exceeding 12 percent. In total, Russia's GDP was estimated at 2.06 trillion U.S. dollars at current prices in 2024 and was forecast to increase in the years until 2029.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Russia from 2013 to 2023. In 2023, agriculture contributed around 3.35 percent to the GDP of Russia, 30.65 percent came from the industry and 56.88 percent from the service sector. Russia's struggling economy Russia is one of the so-called BRIC countries, the four major emerging markets. It is also considered to be one of the fastest growing economies, being one of the world’s leading producers and exporters of oil, natural gas, metals, wood, chemicals, and a wide variety of civilian and military manufactures. In 2015, Russia reported an estimated gross domestic product of about 1.18 billion U.S. dollars, making it one of the countries with the largest gross domestic product in the world. Due to its fast economic expansion, it is also predicted that Russia will have the sixth largest gross domestic product in the world by 2030. Despite a growing economy, Russia's unemployment rate has remained high in recent years. In 2010, the unemployment rate in Russia was at 7.3 percent, and after a slight plunge, it is expected to reach similar heights in the next few years again. Inflation has also increased rapidly in recent years, in 2015, it is expected to double in comparison to 2014, reaching approximately 18 percent - the highest inflation rate of the decade. 2015 is also marked by a large decline of Russia's gross domestic product: Between 2014 and 2015, GDP decreased by almost 5 thousand U.S. dollars. It is, however, expected to recover until 2020. Despite a trade deficit in the services sector from 2003 to 2013, the services sector in Russia has employed yearly over 55 percent of the workforce since 1999.

Retail and trade enterprises in Russia had a revenue of over 129 trillion Russian rubles in 2023, more than in other economic sectors. Mineral extraction followed with a revenue of around 29 trillion Russian rubles.

Industrial Production in Russia increased 2 percent in June of 2025 over the same month in the previous year. This dataset provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Others data was reported at 33.899 RUB bn in Jan 2019. This records a decrease from the previous number of 45.326 RUB bn for Dec 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Others data is updated monthly, averaging 40.798 RUB bn from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 53.951 RUB bn in Mar 2017 and a record low of 33.899 RUB bn in Jan 2019. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Others data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.BBB001: Industrial Production: All Industries.

Russia Industrial Production: OKVED2: Big & Medium Enterprises: Mining & Quarrying (MQ) data was reported at 1,414.841 RUB bn in Jan 2019. This records a decrease from the previous number of 1,498.733 RUB bn for Dec 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: Mining & Quarrying (MQ) data is updated monthly, averaging 1,265.144 RUB bn from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 1,816.747 RUB bn in Oct 2018 and a record low of 983.601 RUB bn in Jun 2017. Russia Industrial Production: OKVED2: Big & Medium Enterprises: Mining & Quarrying (MQ) data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.BBB001: Industrial Production: All Industries.

Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Oil & Gas data was reported at 1,035.537 RUB bn in Jan 2019. This records an increase from the previous number of 1,030.943 RUB bn for Dec 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Oil & Gas data is updated monthly, averaging 887.238 RUB bn from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 1,357.915 RUB bn in Oct 2018 and a record low of 640.400 RUB bn in Jun 2017. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Oil & Gas data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.BBB001: Industrial Production: All Industries.

The statistic shows the distribution of the workforce across economic sectors in Russia from 2013 to 2023. In 2023, 5.69 percent of the workforce in Russia was employed in agriculture, 26.38 percent in industry and 67.93 percent in services. Russia’s economy The majority of Russia’s labor force works in the services sector, which accounts for more than half of the jobs in the country. About 30 percent work in the industry sector and the rest in agriculture. Interestingly, Russia is among the leading export countries worldwide and agricultural products, as well as meat, are among the main exported goods. Russia’s economy also profits significantly from selling and exporting fish and sea food. Due to large oil resources, Russia is also among the largest economies and the countries with the largest gross domestic product / GDP worldwide. Subsequently, living and working conditions in Russia should be above average, but for a long time, many Russians have struggled to get by. While conditions seem to improve nowadays, many Russians still live below the poverty line. One suggested reason for this is corruption, which has been cited as a severe problem for the country for a long time, and continues to pose difficulties for Russia’s economy. Illicit employment and the so-called “shadow economy”, which does not officially contribute to the fiscal system, yields amounts worth almost half of Russia’s gross domestic product. This can be seen on a ranking of the untaxed economy in selected countries as a share of GDP. In addition to oil, fish and agricultural products, Russia also manufactures and exports arms and weapons. It is ranked third among the countries with the highest military spending, and second among the countries, in which military spending accounts for a significant percentage of the gross domestic product.

Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Coal data was reported at 125.544 RUB bn in Jan 2019. This records a decrease from the previous number of 125.979 RUB bn for Dec 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Coal data is updated monthly, averaging 99.249 RUB bn from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 133.062 RUB bn in Nov 2018 and a record low of 80.971 RUB bn in Jun 2017. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Coal data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.BBB001: Industrial Production: All Industries.

Russia's total Exports in 2021 were valued at US$492.31 Billion, according to the United Nations COMTRADE database on international trade. Russia's main export partners were: China, the Netherlands and Germany. The top three export commodities were: Mineral fuels, oils, distillation products; Commodities not specified according to kind and Pearls, precious stones, metals, coins. Total Imports were valued at US$293.50 Billion. In 2021, Russia had a trade surplus of US$198.82 Billion.

Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Metal Ores data was reported at 81.281 RUB bn in Jan 2019. This records a decrease from the previous number of 109.833 RUB bn for Dec 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Metal Ores data is updated monthly, averaging 81.281 RUB bn from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 112.151 RUB bn in Aug 2018 and a record low of 60.695 RUB bn in Jan 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Metal Ores data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.BBB001: Industrial Production: All Industries.

Before the pandemic, the Basic Chemical Manufacturing industry enjoyed a period of strong demand, particularly from Asia. Innovation in speciality chemicals and sustainability initiatives gained momentum, helping raise profitability. When the pandemic hit, supply chains were greatly disrupted while industrial output stumbled until socially distanced factory guidelines were adopted. As industrial output ramped up, manufacturers' revenue benefited from pent-up demand and government fiscal packages, leading to substantial infrastructure spending and stimulus. Russia's invasion of Ukraine added another spanner to works, though, with energy and feedstuff prices skyrocketing as a result of western countries' sanctions on Russian exports. Production costs escalated and business and consumer confidence was shot by rising living costs, denting demand throughout 2022 and 2023. Profitability has also been hit hard by soaring operational costs, which manufacturers have struggled to pass on to clients. Over the five years through 2024, revenue is forecast to fall at a compound annual rate of 5.3% to €217.5 billion, including a 4.8% contraction in 2024. Inflation concerns remain strong, although they are easing. Borrowing costs remain inflated, dissuading large investments in construction projects and cutting into sales of basic chemicals used in insulation and building plastics. Over the five years through 2029, basic chemical manufacturers' revenue is anticipated to grow at a compound annual rate of 2.7% to reach €248.1 billion. The long-term outlook of the industry is optimistic yet cautious. Growth depends on innovation in bio-based chemicals and circular economy solutions. Embracing digitalisation and automation will be key in lowering manual labour requirements and lifting productivity.

The Russia plastic packaging market, while facing certain headwinds, presents a moderate growth trajectory. The market size in 2025 is estimated at $X billion (assuming a logical extrapolation based on the provided CAGR of 1.43% and a known value for a previous year would be needed to make this calculation. For the purposes of this example, let us assume a 2024 market size of $Y billion). This growth, projected to continue through 2033, is fueled by several key factors. The expanding food and beverage sector, coupled with increasing demand for convenient, shelf-stable products, significantly boosts the demand for plastic packaging. Furthermore, the healthcare industry's reliance on sterile and protective packaging solutions contributes to market expansion. However, stringent environmental regulations and a growing preference for sustainable alternatives, such as biodegradable and compostable packaging, pose challenges. The market is segmented by plastic type (rigid and flexible), industry (food, beverage, healthcare, retail, manufacturing, and others), and product type (bottles, cans, jars, pouches, and others). Key players, including AptarGroup, Amcor, and others, are actively adapting to the changing landscape, investing in innovative, eco-friendly solutions to maintain their market position. This dynamic interplay between growth drivers and environmental concerns will shape the future trajectory of the Russian plastic packaging market. The market's segmentation reveals considerable opportunities. While rigid plastic packaging maintains a significant share, the demand for flexible packaging is rising due to its cost-effectiveness and versatility. Within industries, food and beverage packaging holds the largest share, followed by healthcare and retail. The dominance of these sectors points towards future growth potentials, particularly if innovations in sustainable materials are effectively integrated. Companies are focusing on diversification, strategic partnerships, and technological advancements to ensure competitive advantage. The geopolitical landscape and potential economic fluctuations could influence market growth in the coming years. Nevertheless, the inherent need for packaging across diverse industries indicates a sustained demand for plastic packaging in Russia, albeit with a shifting focus towards sustainable alternatives. This report provides a detailed analysis of the Russia plastic packaging industry, encompassing market size, trends, and future projections from 2019 to 2033. It delves into the impact of geopolitical events, regulatory changes, and evolving consumer preferences on this dynamic sector. The report utilizes data from the historical period (2019-2024), with the base year set at 2025 and forecasts extending to 2033. Key players like Amcor, RPC Group, and Tetra Laval are analyzed alongside emerging trends and challenges. The report is crucial for businesses seeking to understand this market's intricacies and navigate its opportunities. Recent developments include: April 2022: Specializing in the manufacturing of polyethylene films, used in food packaging and miscellaneous consumables, for which oil remains the primary raw material, the group finds itself in a rapidly changing situation, with sharp increases in price due to the war. The conflict caused companies operating in the area with strong financial ties to the region to consider its long-term effect on business. Ball Corp, Coca-Cola, Nestlé, Carlsberg, ABInbev, and ArcelorMittal are the other companies closing Russian operations.. Key drivers for this market are: Pandemic Drove the Demand for Plastic Flexible Packaging. Potential restraints include: The Stringent Government Regulation. Notable trends are: Pandemic Drove the Demand for Plastic Flexible Packaging.

Europe’s management consultants industry plays a vital role in shaping businesses by offering expert advice and strategies. In recent years, IT strategy and environmental consulting have seen significant growth, supporting industry revenue. Management consultants faced setbacks due to volatile economic conditions and subdued business spending amid the COVID-19 pandemic and severe inflation. Industry revenue is expected to sink at a compound annual rate of 2.7% to €374.7 billion over the five years through 2024, including a forecast dip of 1.5% in 2024. A growing number of enterprises across Europe has expanded the potential client pool for management consultants. Rising digitalisation and significant technology adoption among businesses and consumers fuel demand for IT strategy consulting. However, industry players face strong competition from computer consultants. Growing environmental awareness and sustainability targets in the EU and nations outside of the bloc are driving demand for environmental consulting, with businesses seeking ways to make operations more sustainable. Changing regulations and the introduction of new rules also provide support as management consultants help businesses navigate these regulatory changes. However, the COVID-19 outbreak and the subsequent soaring inflation have subdued business sentiment and activity, weakening spending as they seek to cut costs. Sinking revenue has been limited by stronger business demand for countercyclical services like risk management. Competitive pressures and rising wage costs as firms fight for skilled staff have weighed on the industry’s profit margin. More favourable economic conditions will pave the way for higher business activity and greater spending on management consultants as companies seek to make their operations more efficient. Revenue is forecast to climb at a compound annual rate of 4.6% to €469.7 billion over the five years through 2029. As digitalisation continues, demand for IT strategy consulting will fuel demand. At the same time, businesses striving to meet 2050 net zero targets will drive demand for environmental consulting. Despite increasing competitive pressures, management consultants will be forced to innovate, utilising technology advancements like AI and big data to enhance their offerings. Smaller firms will likely hone their focus on niche markets like IT strategy or environmental consulting.

Major influences on the European Metal Forming Machinery and Machine Tool manufacturing industry include motor vehicle and aerospace manufacturers, major sheet metal purchasers and high-precision machinery. Over the five years through 2024, industry revenue is expected to contract at a compound annual rate of 6.5% to €43.1 billion, including a dip of 1.5% in 2024. Car production in the EU has remained below pre-pandemic levels. ACEA data reveals that 2022’s output was approximately 3.1 million units below 2019. The automotive industry requires large quantities of sheet metal; therefore, the dwindling production numbers indicate a shrinking sales pool for manufacturers to tap into. Commercial air traffic also remains down on pre-pandemic levels in many European countries, leading to a slowdown in order intake from aerospace manufacturers. Steel and aluminium are major inputs for many metal forming machines and machine tools. The volatility in the global price of these commodities has caused profit to fluctuate. Moreover, the increasing presence of Chinese, Japanese and South Korean imports of machinery in Europe is forcing European manufacturers to cut costs wherever possible to remain competitive. World steel and aluminium prices hit highs in 2022 due to COVID-19 lockdowns in China (the bulk producer), constricting the global supply. The end of pandemic restrictions and weak global economic prospects have dented demand for key raw materials, leading to a sustained drop in prices and reducing manufacturer’s purchase costs. Automobile and aerospace production is recovering from the lows of the pandemic and will continue to be a key buyer of metal forming machinery and machine tools. The global surge in conflict and geopolitical tensions has led to substantial hikes in defence spending, with related industries requiring equipment sold by the industry to make warships, weapons and aircraft, supporting revenue in the short term. Over the five years through 2029, industry revenue is forecast to swell at a compound annual rate of 1.9% to reach €47.4 billion.

Technical testing and analysis companies provide crucial services to companies in all sectors of the economy. The construction, industrial production and energy sectors are the major markets for these services. These sectors depend on wider economic conditions, often dictating their demand for testing and analysis services. The COVID-19 outbreak and subsequent inflationary environment have heavily weighed on construction and manufacturing output, decimating demand for testing and analysis services. Revenue is projected to contract at a compound annual rate of 4.4% to €63.9 billion over the five years through 2024, including an estimated dip of 1.6% in 2024. A growing number of companies operating across Europe, alongside rising industrial production and a higher value of construction, have supported industry demand. However, strict lockdown restrictions during the COVID-19 outbreak hindered business sentiment and investment, delaying or cancelling major projects. The reduced level of industrial production and construction activity limited spending on testing services in 2020. As conditions improved and activity in the manufacturing and construction sectors rebounded, the need for materials and products to be tested surged. However, soaring inflation and heightened economic uncertainty have weakened spending on technical testing and analysis services as output in downstream markets has suffered. Improving economic conditions and lower European inflation rates will stimulate greater investment and business spending, with demand for technical testing and analysis following suit. Government funding and initiatives supporting the manufacturing and construction sectors will further bolster demand. Environmental efforts, driven by EU and UK's sustainability targets, will also generate an uptick for testing services as businesses strive to achieve accreditations and comply with regulations. Investments in advanced technology like AI, drones and telecommunication infrastructure will boost the need for comprehensive testing, especially in cybersecurity due to increasing threats. A growing number of testing and analysis companies will consequently expand their capabilities to reap the benefits of these opportunities. Revenue is forecast to expand at a compound annual rate of 4.3% to €78.8 billion over the five years through 2029.

Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Support Service Activities data was reported at 138.580 RUB bn in Jan 2019. This records a decrease from the previous number of 186.652 RUB bn for Dec 2018. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Support Service Activities data is updated monthly, averaging 138.654 RUB bn from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 186.652 RUB bn in Dec 2018 and a record low of 100.682 RUB bn in Feb 2017. Russia Industrial Production: OKVED2: Big & Medium Enterprises: MQ: Support Service Activities data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.BBB001: Industrial Production: All Industries.

Gain insights into Russia seed industry outlook for 2018. Analysis of trends, growth opportunities, and key players in the Russian seed market.

The Russian data center rack market is projected to expand at a CAGR of 14.20% during the forecast period 2025-2033, reaching a value of $X million by 2033. The growth of the market can be attributed to the increasing demand for data storage and processing services in the country. The IT & telecommunication sector is a major driver of the market, as it accounts for a significant share of data center rack deployments in Russia. Other end-users such as BFSI, government, media & entertainment, and other industries are also contributing to the market growth. The increasing adoption of cloud computing and big data analytics is driving the need for data center racks. Cloud computing providers are expanding their presence in Russia, which is leading to an increase in the demand for data center racks. The government is also investing in data centers to improve the country's digital infrastructure. The growing investment in research and development activities is also contributing to the market growth. The key players in the Russian data center rack market include Startech com Group, Lepin Network, Delta Electronics Inc, AIC Inc, Ningbo Gelante Electric Co Ltd, Topwell Technology Group Limited, Yuyao Sunpln Communication Equipment Co Ltd, Rittal GMBH & Co KG, Takachi Electronics Enclosure Co Ltd, and Verotec Limited. Market Description The Russia Data Center Rack Market report provides comprehensive insights into the Russian market for data center racks, with a focus on key industry trends, challenges, and opportunities. The report offers granular market analysis, examining key segments such as rack size, end-user industries, and regional distribution. With detailed market forecast figures provided in Million units, this report is an indispensable resource for businesses operating in or considering entering the Russian data center rack market. Key drivers for this market are: Increased Migration to Cloud-based Business Operations, Internet Adoption and Information Technology Services to Boost Market Progress. Potential restraints include: Low Availability of Resources. Notable trends are: BFSI Sector Expected to Hold a Significant Share.

The article summarizes the historical experience of reforms in the agro-industrial complex of Russia in the transition period of the 1990-s, on the basis of which recommendations for further development of the industry are proposed. The author concludes about the crisis state of the agro-industrial complex of Russia in the mid-1990-s, caused by the long underestimation of the importance of this sphere in the socio-economic life of the country. At the beginning of perestroika, agriculture was still considered by the party-state leadership as the main source of material and demographic resources for the development of heavy industry.