Russian agricultural sectors’ profitability decreased in 2013 – State Duma
In 2015 Russian agricultural sector may enter the unprofitable zone without sufficient level of subsidizing, believe market experts. Its profitability has sharply decreased in 2013: profitability ratio was 9%, in 2012 it reached 15% (with government support) and 5% (without government support). In 2012 the average profitability ratio was 12%. All-Russian Research Institute of Agricultural Economics specialists expected this index to reach 11.3% in 2013.
Negative profitability is observed in Pskov and Magadan Regions, weak profitability (1-3%) – in Moscow, Leningrad, Arkhangelsk, Murmansk, Ivanovo Regions and the Chechen Republic.
The level of government support in Russia (4.4 bln dollars) is lower than in USA (23.9 bln dollars) by 5.4 times and by 33.5 times less than in China (147 bln dollars).
Цитаты дня
