Key Takeaways
- The construction industry employed 3.2 million people in Russia as of 2023.
- Average monthly wage in construction sector was RUB 85,200 in 2023.
- Construction workforce grew by 2.8% year-on-year in 2023 to 3.25 million.
- The Russian construction industry is projected to grow at a CAGR of 4.1% from 2024 to 2028, reaching USD 145.2 billion by 2028.
- Construction output growth rate was 5.6% in 2023, expected to slow to 3.8% in 2024.
- Housing construction growth forecasted at 15% annually through 2025 due to national projects.
- Foreign investment in construction projects totaled USD 12.5 billion in 2023.
- PPP projects in construction numbered 450 with RUB 2.8 trillion investment.
- Bank loans for construction reached RUB 4.5 trillion in 2023.
- In 2023, the Russian construction sector contributed 5.3% to the national GDP, amounting to approximately RUB 6.8 trillion in value added.
- The total volume of construction works in Russia reached 541.5 million square meters in 2023, marking a 4.8% increase from 2022.
- Russia's construction market size was valued at USD 112.4 billion in 2023.
- The number of multi-apartment housing projects commissioned was 12,450 in 2023.
- Total length of new roads constructed was 4,200 km in 2023.
- 1,150 km of federal highways were reconstructed in 2023.
Russia’s construction workforce hit 3.25 million in 2023, with skilled labor shortages and rising productivity driving growth.
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Russia’s construction workforce is expanding
Construction employment rose in 2023, while wages and productivity indicate continued momentum.
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Samuel Norberg. (2026, February 13). Russia Construction Industry Statistics. Gitnux. https://gitnux.org/russia-construction-industry-statistics
Samuel Norberg. "Russia Construction Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/russia-construction-industry-statistics.
Samuel Norberg. 2026. "Russia Construction Industry Statistics." Gitnux. https://gitnux.org/russia-construction-industry-statistics.
Sources & references
45 datasets cited across this report · attribution is report-level

