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GDP of Russia

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Last updated: June 27, 2017


Russian GDP Breakdown by Expenditure (End Use)

Russian GDP Breakdown by Income

Russian GDP Physical Volume Indices: Breakdown by Economic Activity

Contribution of Expenditure Components to GDP

Quarterly GDP Distribution

Shadow Economy in GDP




Russian GDP Breakdown by Expenditure (End Use)



Dynamics of GDP Components in 2015-2016 (constant prices, % to previous year)

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Source: Russian Federal State Statistics Service (second estimate provided on March 31, 2017).


GDP, Current Prices in 2016: Breakdown by End Use


Source: Russian Federal State Statistics Service (second GDP estimate provided on March 31, 2017).


GDP, Current Prices in 2015: Breakdown by End Use (Revised in 2017)


Source: Russian Federal State Statistics Service (after the revision made on February 1, 2017).


GDP, Current Prices in 2014: Breakdown by End Use


Source: Russian Federal State Statistics Service.

Important note: Gross Capital Formation indicator comprises investment in fixed capital corrected by net change in inventories. Consumption of non-commercial organisations refers solely to organisations serving households.



Russian GDP Breakdown by Income




GDP, Current Prices in 2016: Breakdown by Income


Source: Russian Federal State Statistics Service (second GDP estimate provided on March 31, 2017).


GDP, Current Prices in 2015: Breakdown by Income (Revised in 2017)


Source: Russian Federal State Statistics Service (after revision made on February 1, 2017).


GDP in 2014: Breakdown by Income


Source: Russian Federal State Statistics Service.

Important note: Employees’ compensations article comprises all types of compensations to employees, including wages and salaries, as well as employer contributions to social security and similar programs. Net taxes on production and imports are taxes less subsidies on production and imports. Gross Operating Surplus represents the surplus due to owners of incorporated businesses (sometimes also called profits). Gross Mixed Income represents the surplus due to owners of non-incorporated businesses (primarily small businesses).



Russian GDP Physical Volume Indices: Breakdown by Economic Activity



In 2016 the agricultural sector demonstrated the best performance in the Russian economy. At the same time, a substantial contraction was registered in the construction sector, retail and wholesale trade, as well as the hotels and restaurants sector. According to the Russian State Statistics Service, the processing industries and the financial sector showed a recovery in 2016 entering the growth zone after an outstanding decline.

Dynamics of the Russian GDP Physical Volume Indices in 2017*

Sector / IndicatorUnit1Q 2017
GDP physical volume indices %100.5
Agriculture, hunting, forestry, fishing and fish breeding%99.1
Mining%103.5
Processing industries%101.0
Provision of electric energy, gas and stream; air conditioning%100.9
Water supply, waste processing and pollution treatment%96.3
Construction%95.5
Retail and wholesale trade; repair of motor vehicles and motorcycles%100.2
Transportation and storage%103.3
Hotels and restaurants%99.5
IT and communications%97.7
Financial and insurance activities%100.1
Real estate operations, lease and related services%99.1
Professional, scientific and technical activities%98.3
Administrative activities and related services%99.0
State management and defense; social insurance%101.9
Education%100.6
Healthcare and social services%98.1
Culture, sports and entertainment activities%101.1
Other services%97.3
Activities of households%97.7
Net taxes on products%101.6

*new classification of economic activities applied starting from 2017, the constant prices of 2016 are used (2011 was used as a base year previously).

Source: the Russian State Statistics Service[106].

Dynamics of the Russian GDP Physical Volume Indices in 2015-2016*

Sector / IndicatorUnit20152016
GDP physical volume indices %97.299.8
Agriculture, hunting and forestry%103103.6
Fishing and fish breeding%100.897.9
Mining%100.4100.3
Processing industries%95.9101.1
Production and distribution of electricity, gas and water%98.8102.6
Construction%95.195.8
Retail and wholesale trade; repair of motor vehicles, motorcycles and consumer goods%91.996.9
Hotels and restaurants%95.596.5
Transport and communications%99.1100.4
Financial activities%94100.8
Real estate operations, lease and related services%99.5100.9
State management and defense; compulsory social insurance%103100
Education%100.2100.1
Healthcare and social services%100.298
Other services (public utilities, social and personal services)%101100.6
Activities of households%9998
Net taxes on products%93.4100

*according to revision of data on the Russian GDP in 2015 made on February 1, 2017 and second estimate on GDP in 2016 provided on March 31, 2017.

Source: the Russian State Statistics Service (data for 2015.[107] and data for 2016[108]).

Russian GDP Physical Volume Indices in 2016: Breakdown by Economic Activity

Sector / IndicatorUnit2016 total2016
1Q2Q3Q4Q
Agriculture, hunting and forestry%4.52.33.47.24.5
Fishing and fish breeding%0.30.40.20.30.2
Mining%9.48.610.19.79.1
Processing industries%13.712.514.113.614.4
Production and distribution of electricity, gas and water%3.13.92.72.53.4
Construction%6.24.55.56.47.8
Retail and wholesale trade; repair of motor vehicles, motorcycles and consumer goods%15.916.915.915.316
Hotels and restaurants%0.80.80.90.90.8
Transport and communications%7.88.48.17.87.2
Financial activities%4.55.24.64.14
Real estate operations, lease and related services%17.218.417.516.317
State management and defense; compulsory social insurance%7.98.88.17.57.3
Education%2.62.92.72.52.4
Healthcare and social services%3.83.93.83.73.7
Other services (public utilities, social and personal services)%1.71.81.81.61.7
Activities of households%0.60.70.60.60.5

Source: the Russian State Statistics Service.[109]

As it comes to the specific economy sectors, oil and gas sector with related industries is known to have the largest share in the Russian GDP structure. Experts estimate the share of O&G sector in the Russian GDP to vary from 15% to 20%, but that does not take into consideration effect of a number of related and supporting industries that depend on O&G sector performance (equipment producers, transportation, etc.). Therefore, the overall influence of the sector on the Russian economy and GDP shall be much higher.



Contribution of Expenditure Components to GDP



Contribution of Expenditure Components to GDP Growth in 2012-2016, % of total

GDP Component20122013201420152016*
GDP growth, total3.51.30.7-2.8-0.2
Final Consumption total4.22.50.7-5.7-2.4
Including:-----
Households3.72.31.1-5.2-2.3
General government0.50.3-0.4-0.6-0.1
Non-profit institutions serving households0.00.00.00.00.0
Gross Capital Formation, total0.9-1.7-0.9-3.00.3
Including:-----
Gross Fixed Capital Formation1.20.2-0.1-2.1-0.4
Inventories’ changes-0.3-1.9-0.8-0.90.7
Exports0.41.30.11.00.9
Imports-2.0-0.71.55.30.8
Statistical discrepancy0.0-0.1-0.7-0.40.2

*according to second estimate on GDP in 2016 provided on March 31, 2017.

Source: calculation of the Center of Development of Higher School of Economics based on data of the Russian State Statistics Service.[110]



Quarterly GDP Distribution




Quarterly GDP Distribution in Russia in 2016, % of annual total


Source: Russian Federal State Statistics Service.



Shadow Economy in GDP



Referring to Mr. Alexandr Surinov, the head of the Russian State Statistics Service, the share of the shadow sector is estimated at 10-14% of the Russian GDP.[111]



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