Total factor productivity in Russia
Russia: Total factor productivity was 0.9755 in 2023. ▲ Rising
Latest (2023)
0.9755
Change on year
up 0.8%
World rank
86th
of 120 countries
All-time high
1
in 2021
All-time low
0.538
in 1998
Years of data
30
1994–2023
Total factor productivity in Russia, 1994–2023
Source: Our World in Data.
Analysis
In 2023, total factor productivity in Russia stood at 0.9755.
The figure is up 0.8% on the previous year and up 4.5% over ten years.
Over the whole period, total factor productivity in Russia peaked at 1 in 2021 and was at its lowest, 0.538, in 1998.
That places Russia 86th out of 120 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Total factor productivity in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.5612 | — |
| 1995 | 0.5497 | -2.0% |
| 1996 | 0.5435 | -1.1% |
| 1997 | 0.5555 | +2.2% |
| 1998 | 0.538 | -3.1% |
| 1999 | 0.5687 | +5.7% |
| 2000 | 0.6214 | +9.3% |
| 2001 | 0.6512 | +4.8% |
| 2002 | 0.6815 | +4.7% |
| 2003 | 0.7242 | +6.3% |
| 2004 | 0.7691 | +6.2% |
| 2005 | 0.805 | +4.7% |
| 2006 | 0.8524 | +5.9% |
| 2007 | 0.8978 | +5.3% |
| 2008 | 0.9207 | +2.5% |
| 2009 | 0.8539 | -7.3% |
| 2010 | 0.8755 | +2.5% |
| 2011 | 0.8997 | +2.8% |
| 2012 | 0.9228 | +2.6% |
| 2013 | 0.9333 | +1.1% |
| 2014 | 0.9356 | +0.2% |
| 2015 | 0.923 | -1.3% |
| 2016 | 0.9231 | +0.0% |
| 2017 | 0.9375 | +1.6% |
| 2018 | 0.959 | +2.3% |
| 2019 | 0.9795 | +2.1% |
| 2020 | 0.9814 | +0.2% |
| 2021 | 1 | +1.9% |
| 2022 | 0.9681 | -3.2% |
| 2023 | 0.9755 | +0.8% |
Russia compared with similar countries
- Russia's 0.9755 is below the median for high income countries, which is 0.994, 98% of the median. (52 countries reporting)
- Russia's 0.9755 is below the median for Europe & Central Asia, which is 0.9969, 98% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5528 | 0.538 | 0.5687 | 6 |
| 2000s | 0.7777 | 0.6214 | 0.9207 | 10 |
| 2010s | 0.9289 | 0.8755 | 0.9795 | 10 |
| 2020s | 0.9812 | 0.9681 | 1 | 4 |
Countries ranked near Russia
More economy & growth data for Russia
- Real gdp growth, annual growth rate -80.07 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 168.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5132 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 122.81 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Russia?
- Total factor productivity in Russia was 0.9755 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Russia?
- The highest recorded value was 1 in 2021.
- What is the lowest total factor productivity recorded in Russia?
- The lowest recorded value was 0.538 in 1998.
- How does Russia rank for total factor productivity?
- Russia ranks 86th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Russia?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Russia data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).