Russia Industry Reports

The agriculture sector plays an important role in Russia’s economy, generating nearly 4% of the country’s GDP, employing 9% of the total workforce and accounting for 6% of the total exports. Over the past 15 years, Russia ...

The food and beverage sector does not take a significant share in Russia’s economy, generating just 1.9% of the country’s gross domestic product (GDP) and employing 1.7% of the total workforce in 2016. The sector’s gross value added ...

Russia’s healthcare and pharmaceutical sector was badly affected by the 2015-2016 recession, which resulted in a sharp drop in government spending, while the weak rouble and high inflation cut into households’ disposable incomes. Though ...

Russia’s insurance sector expanded at a CAGR of 10.1% over the 2012-2016 period, with the premium income growth outperforming GDP growth and proving resistant to the economic slump triggered by the collapse in oil prices and Western sanctions. ...

The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generated just 0.3% of Russia’s gross value added (GVA) in 2016 and provided employment to 578,300 people, or less than 1% ...

The electric power industry in Russia generates 3% of the country’s gross domestic product (GDP) and the government sees it as a strategically important sector. So, in accordance with the Federal Law, the Russian government controls key assets ...

Mining is one of Russia’s key industries: in 2016 the “mining and quarrying” sector – a category which in Russian statistics includes oil and gas extraction, as well as mining more narrowly defined – generated 8.5% of ...

Russia’s banking industry expanded at a robust pace in the 2000-2014 period, with assets growing at an average of 30.2% a year. The industry, however, suffered a serious blow in 2015-2016, when the economy entered a recession triggered by low ...

Russia’s construction sector generated a gross value added (GVA) of RUB 4.7tn in 2015, accounting for 6.4% of the economy’s total GVA. The real estate, renting and business activity generated a GVA of RUB 12.5tn in 2015, accounting for 17 ...

Russia is the ninth most populous country in the world and is among the largest consumer markets on a global scale. It is a commodity dependent economy as trade contributes about 20% to the country’s GDP. In recent years the retail sector in ...