Page 55 - RusRPTNov21

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
Russia's fixed investment has recovered strongly from the interest rate well. According to Rosstat's demand-side figures in the national accounts, seasonally adjusted growth in fixed investment in particular has been rapid since the spring and summer 2020 corona recessions, reports Bank of Finland Institute for Economies in Transition (BOFIT).
It is noteworthy that growth was very rapid in the second quarter of this year, and the level of fixed investment actually rose to its highest value since its peak in 2012 and 2013. Investment growth has been strong in the processing industry, especially in metal processing.
55 RUSSIA Country Report November 2021 www.intellinews.com