Russia Industrial Production
Year-on-year change in the volume of industrial output (mining, manufacturing, utilities).
Industrial Production in Russia decreased to 5.55 percent in Dec 2021 from 7.34 percent in Nov 2021.
Russia Industrial Production — History
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Russia Industrial Production — analysis in simple words
Latest reading
Industrial Production in Russia decreased to 5.55 percent in Dec 2021 from 7.34 percent in Nov 2021.
Over the last three months it rose once and fell twice.
Recent trend
A year earlier (Dec 2020) it was 2.7%, so the latest figure is 2.9 percentage points higher.
Over the past five years the average was 2.8%, with a range from -7.2% to 10.7%. The latest value is above that five-year average.
Historical context
This data series starts in Jan 1994 and has 336 monthly observations. The latest reading is higher than 68% of all of them.
The highest value on record is 19.8% (Dec 1999) and the lowest is -27.5% (May 1994). The long-run average is 1.8%.
Statistics
- Latest
- 5.6%Dec 2021
- Previous
- 7.3%
- 5-year average
- 2.8%
- Long-run average
- 1.8%since Jan 1994
- All-time high
- 19.8%Dec 1999
- All-time low
- -27.5%May 1994
- Observations
- 336Monthly
Recent Data
| Period | Value | Change |
|---|---|---|
| Dec 2021 | 5.6% | ▼ −1.8 pp |
| Nov 2021 | 7.3% | ▼ −1.1 pp |
| Oct 2021 | 8.5% | ▲ +1.3 pp |
| Sep 2021 | 7.2% | ▲ +2.9 pp |
| Aug 2021 | 4.3% | ▼ −3.3 pp |
| Jul 2021 | 7.7% | ▼ −1.7 pp |
| Jun 2021 | 9.4% | ▼ −1.3 pp |
| May 2021 | 10.7% | ▲ +3.8 pp |
| Apr 2021 | 6.9% | ▲ +6.1 pp |
| Mar 2021 | 0.8% | ▲ +1.9 pp |
| Feb 2021 | -1.1% | ▲ +0.0 pp |
| Jan 2021 | -1.2% | ▼ −3.8 pp |
| Dec 2020 | 2.7% | ▲ +3.7 pp |
| Nov 2020 | -1.1% | ▲ +3.3 pp |
| Oct 2020 | -4.4% | ▼ −0.3 pp |
| Sep 2020 | -4.0% | ▼ −0.8 pp |
| Aug 2020 | -3.2% | ▲ +1.9 pp |
| Jul 2020 | -5.2% | ▲ +2.1 pp |
| Jun 2020 | -7.2% | ▼ −0.7 pp |
| May 2020 | -6.6% | ▼ −2.2 pp |
| Apr 2020 | -4.3% | ▼ −5.9 pp |
| Mar 2020 | 1.6% | ▼ −1.1 pp |
| Feb 2020 | 2.7% | ▲ +1.3 pp |
| Jan 2020 | 1.4% | ▲ +0.4 pp |
| Dec 2019 | 1.0% | ▼ −1.5 pp |
| Nov 2019 | 2.5% | ▼ −1.7 pp |
| Oct 2019 | 4.2% | ▲ +0.1 pp |
| Sep 2019 | 4.1% | ▼ −0.6 pp |
| Aug 2019 | 4.7% | ▲ +0.8 pp |
| Jul 2019 | 3.8% |
Industrial Production — Russia vs Peers
Latest available reading for each economy (periods may differ). Russia highlighted.
More Russia indicators
Understanding Industrial Production — a simple guide
What it measures
The year-on-year change in the volume of output from factories, mines and utilities (electricity, gas, water).
How it is calculated
Industrial production index (volume, seasonally adjusted) this month ÷ the same month last year − 1, × 100.
If the index is 155.7 now and was 150.0 a year ago, industrial production grew 3.8%.
Rising output signals strong demand for goods.
Falling output often signals weakening demand or supply problems.
Why it matters for the economy and markets
Industrial production is one of the earliest monthly signals of how the economy is doing and moves closely with the business cycle.
How to read it
It can swing sharply from month to month; look at the trend over several months. Negative readings for several months often accompany a slowdown in manufacturing.
What to look at alongside it
Business confidence, GDP growth and exports.
Key terms
- IIP
- Index of Industrial Production — India’s name for this measure.
- Volume index
- An index that tracks quantities produced, not prices.
Data source
OECD — Organisation for Economic Co-operation and Development (series OECD industrial production (B-E)), monthly data from Jan 1994 to Dec 2021. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current industrial production of Russia?
What is the highest and lowest industrial production of Russia?
What does industrial production measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.