Average age of machinery and equipment by economic activity
years
From 2017 to 2024, the average age of machinery and equipment in non-profit organizations varied across different industries, with these changes recorded by year. The rows in the list are categorized by economic activity, including agriculture and mining, allowing for a comparison of equipment aging across different economic sectors. The indicator is calculated based on the total book value at mixed prices at the end of each reporting year
Chart of the average age of machinery and equipment by economic activity from 2017 to 2024, years
- Manufacturing industries
- Mining and quarrying
- Agriculture, forestry, hunting, fishing and aquaculture
- Public administration and defence; compulsory social security
- Professional, scientific and technical activities
- Water supply; sewerage, waste collection and disposal activities; remediation activities
- Machinery and equipment - total
- Real estate activities
- Administrative and support service activities
- Financial and insurance activities
Set in numbers
Rosstat data for 2017–2024. Rows: 20, periods: 8. Unit of measurement — years. Breakdown: Total machinery and equipment; Agriculture, forestry, hunting, fishing and fish farming; Mining; Manufacturing; Supply of electricity, gas and steam; air conditioning and other
Manufacturing: the indicator increased from 8.8 to 14.8 over 2017–2024 — by 68.2%. Highest value — 14.8 (2024), lowest — 8.3 (2019). This averages 7.71% annual growth. Up to 2021 the change was +67%, after — +0.68%. Of the 20 largest rows, 13 rose, 7 fell
All table numbers are series: 20
How to read this table
Differences between rows allow for an assessment of how much older equipment in the mining industry or agriculture is compared to the average for all machinery and mechanisms. By comparing values by year, it is possible to track the modernization dynamics of the technical fleet of non-profit organizations by specific industries according to OKVED-2007. The list presents twenty rows covering various segments of economic activity
What is visible in these numbers
Five highest values: Manufacturing (14.8), Cultural, sports, organizational and other activities (13.9), Mining (13.7), Agriculture, forestry, hunting, fishing and fish farming (13.6), Transportation and storage (13). The top five account for 30.4% of the total sum across all items
Observations are annual; total periods 8. 160 of 160 possible values are filled (100%), meaning the table is almost entirely complete
The same indicator for other periods
More in the section Technological development of economic sectors»
Period and application
The annual statistical update covers the period from 2017 to 2024. Information on the average age of assets in the non-profit sector will be useful for asset management specialists, economists, and analysts studying the rates of technological renewal across various economic sectors
How it is calculated
Noted in the source itself: Excluding statistical information for the Donetsk People’s Republic (DPR), Luhansk People’s Republic (LPR), Zaporizhzhia and Kherson regions
1) Без учета статистической информации по Донецкой Народной Республике (ДНР), Луганской Народной Республике (ЛНР), Запорожской и Херсонской областям
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