Russia: Machinery and equipment prices

The index measures the cost of machinery and equipment in Russia and other countries. It's purpose is to allow price comparison between countries. The data are from the World Bank International Comparison Program which updates the machinery and equipment and other price information every seven years. See the global rankings for that indicator or use the country comparator to compare trends over time. The value of that indicator for 2017 is 79.67 index points.

Definition: The index measures the general price level for machinery and equipment by country with a world average set at 100.