Abstract:The real economy is a key area of Russian economy and it reflects the capacity of a country over material production. Judging from the available statistics,the definition of the real economy by the Russian State Statistics Bureau and relevant research institutions has been changing. With respect to Russia’s real economy in 2019,we target the direct production of materials,such as agriculture,industry,and construction. The changes in these several sectors can directly and truly demonstrate the capacity of the Russian real economy over material production in 2019. In general,Russia’s real economy showed a development trend in 2019. Among them,the industries within the agricultural sector had great differences. The development of planting and animal husbandry was stable,and the growth of fishery and forestry was hindered by the significant decline in the output of major products. Driven by the strong mining industry and manufacturing industry,the production index of the industrial sector achieved a year-on-year growth of 2.4%,among which LNG mining and processing and the production of pharmaceuticals and electronic equipment grew rapidly. The construction industry continued to be in a doldrums. Although operating indicators have improved slightly,pessimism in the industry still prevailed. Factors such as increased operating risks and inadequate investment and financing facilities have also influenced the real economy.
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