Russia: Share of manufacturing

* indicates monthly or quarterly data series
 Russia

Value added by the manufacturing sector as percent of GDP

 Latest value 12.45
 Year 2023
 Measure percent
 Data availability 2002 - 2023
 Average 13.18
 Min - Max 11.06 - 15.68
 Source The World Bank
The latest value from 2023 is 12.45 percent, a decline from 12.61 percent in 2022. In comparison, the world average is 12.33 percent, based on data from 153 countries. Historically, the average for Russia from 2002 to 2023 is 13.18 percent. The minimum value, 11.06 percent, was reached in 2013 while the maximum of 15.68 percent was recorded in 2005. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Russia - Share of manufacturing - Recent values chart

Historical series
Russia - Share of manufacturing - historical chart - 2002-2023




The importance of manufacturing in the economy of Russia and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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 Related indicators Latest Reference Measure
 Share of industry 30.65 2023 percent
 Share of manufacturing 12.45 2023 percent
 Share of services 56.88 2023 percent
 Industry value added 619.52 2023 billion U.S. dollars
 Manufacturing value added 251.58 2023 billion U.S. dollars
 Services value added 1,149.79 2023 billion U.S. dollars
 Savings, percent of GDP 29.93 2023 percent
 Savings, in dollars 605.07 2023 billion U.S. dollars
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