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Revenue growth due to COVID-19 in Russia 2020-2021, by industry

Published by D. Elagina, Jan 4, 2021
Among economic sectors most severely hit by COVID-19 in Russia, oil, natural gas, coal, as well as mineral fertilizers production was projected to recover steadily over the course of 2020 and 2021. The country's air transportation and food industry were forecast to achieve the highest revenue growth in 2021, at 10 and 7 percent, respectively.

Year-over-year revenue growth in Russia in 1st half 2020 with a forecast until 2021, by industry

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Release date

September 2020

Region

Russia

Survey time period

H1 2020

Supplementary notes

* The forecast was based on the following estimates:
GDP decline by 5-6% in 2020, growth by 2-3% in 2021.
Inflation rate at 3.5-3.7% in 2020, 3.5-4% in 2021.

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