Page 41 - RusRPTMay20

4.4​ Fixed investment
Russia -Fixed capital investment 2012 2013 2014 2015 2016 2017 Mar-2018
Investment (% of GDP)
24.3 22.9 22.0 21.4 22.5 23.5 15.3
GDP: Gross fixed investment capital formation (USD mn)
471,337 496,982 428,573 276,240 280,350 342,294 58,303
source: CEIC
Fixed investment is currently 21% of GDP and the govt goal is to increase it to 25% of GDP this year - a task that has been made much harder by the crises.
4.5 ​Labour and income
4.5.1​ Labour market, unemployment dynamics
Russia’s unemployment may jump to 7–8% or even to 10% in the worst scenario amid the coronavirus outbreak​, the Audit Chamber’s head Alexei Kudrin told Rossiya 1 television channel on April 25. “So far, oddly enough, even despite the transition to a very serious stage of the crisis, we have a minimum number of registered unemployed. We have 0.7% unemployed of the economically active population. This is registered. If we take it by other standards, by the standards of the International Labour Organization, we have
41​ RUSSIA Country Report​ May 2020 ​ ​www.intellinews.com