Russia: Industry value added

For that indicator, we provide data for Russia from 1989 to 2021. The average value for Russia during that period was 319.75 billion U.S. dollars with a minimum of 65.62 billion U.S. dollars in 1999 and a maximum of 646.28 billion U.S. dollars in 2013. The latest value from 2021 is 589.83 billion U.S. dollars. For comparison, the world average in 2021 based on 168 countries is 139.86 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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. Data are in current U.S. dollars.