Economy

Russian population and its income in the period of recession

Население России и его доходы в период рецессии

Upon overview of Russian population (146’267’300 people) revenue, we can say, that poor Russians became poorer, and their position became more precarious.

The middle class in Russia, according to estimates of the RAS, by the end of 2015 will be reduced by 15%. Currently prosperous in financial terms, 22% of citizens of the Russian Federation (about 32 mln people). 64% of Russians lost because of rising prices, 27% of Russians decreased income because of the problems of the enterprise.

The structure of population incomes according to Rosstat, as in Q3 2015, shifted towards poverty.

According to official data, the average salary in Russia in September 2015 increased by 6.4% compared with January of 2015. While prices (that is inflation for the consumer basket) grew by 12.1%. Thus, wages actually fell by 6% (the Central Bank and audit Chamber of the Russian Federation expect the end-2015 inflation at 13-14%).

Reference. Subsistence minimum in the Russian Federation in III quarter of 2015 is 9’673 rubles per capita on average, and 10’436 rubles for the working population.

The number of people living below the subsistence level amounted to 14% of the population, or 20.3 million people (in 2014 – 11%, or 16.1 million).

According to the monitoring IP of the RAS held in October 2015, the median individual income was 18’000 RUR in autumn 2015 (in 2014 it was 16’000 RUR), family per capita income – 14’000 RUR (have not changed).

8% decline in real pensions was budgeted (estimation 4% indexing in response to 12% inflation). Working pensioners were not supposed to get recompensing index.

The main trend of income correction currently is a part-time job. 5% increase in the number of moonlighting men and 2% of part – time workers.

14% of Russians have not lost from the recession, including 13% who won.

According to Rosstat, the highest income (salary) has received in 2015 in the sphere of extraction of fuel-energy (T-e) minerals. The chart below shows TOP-average salary by industry in monthly change in 2015.


Margin runs out. The presence of savings or other volume possess a third of the population (although only 8% of these savings are sufficient to live for a relatively long time), while 38% of the population have outstanding debts or loans of a different sort.