In 2019, the gross adjusted disposable income per capita of households and non-profit institutions serving households (NPISHs) in Russia increased by 1,511.1 US dollars per person, PPP converted (+7.82 percent) since 2018. With 20,831.2 US dollars per person, PPP converted, the disposable income thereby reached its highest value in the observed period. Find more statistics on other topics about Russia with key insights such as savings rate as a share of household disposable income and savings rate as a share of household disposable income.
In 2023, the real disposable income of Russian households increased by 5.8 percent. That was the highest rate recorded over the past decade.
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Russia Real Disposable Income Index: Prev Month=100 data was reported at 97.100 Prev Mth=100 in Nov 2018. This records a decrease from the previous number of 103.100 Prev Mth=100 for Oct 2018. Russia Real Disposable Income Index: Prev Month=100 data is updated monthly, averaging 102.000 Prev Mth=100 from Jan 1993 (Median) to Nov 2018, with 311 observations. The data reached an all-time high of 150.700 Prev Mth=100 in Dec 2015 and a record low of 45.400 Prev Mth=100 in Jan 2016. Russia Real Disposable Income Index: Prev Month=100 data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.HA003: Real Disposable Income Index.
The real disposable income of the Russian population increased by 9.4 percent in the third quarter of 2024 compared to the same period of 2023. The year-over-year growth rate of real disposable income has increased since the beginning of the 2024.
The Russian population allocated nearly 91 percent of its disposable income for consumer expenditures in 2023. Savings in cash on hand in Russian ruble and foreign currency accounted for over twelve percent of the total. The disposable income refers to the money that a household possessed after tax deductions. Within the total population income, an approximately 13 percent share was occupied by compulsory payments and contributions. How high is the disposable income in Russia? The annual disposable income per capita in Russia neared 21 thousand U.S. dollars in 2019. In 2020, negatively impacted by the coronavirus (COVID-19) pandemic, the indicator recorded a decline by two percent. However, by 2021, the real disposable income recuperated again, demonstrating a growth of over three percent. How much do Russians earn? The average monthly nominal wage in Russia was over 57.2 thousand Russian rubles in 2021, marking a continuous increase over the past two decades. The minimum wage was in the country was approximately four times lower, at 16.2 thousand Russian rubles as of January 1, 2023. Among the highest-paid industries were industrial production, construction and real estate, and IT and the internet.
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Russia MED Forecast: Real Disposable Income: YoY: Base data was reported at 2.783 % in 2036. This records an increase from the previous number of 2.715 % for 2035. Russia MED Forecast: Real Disposable Income: YoY: Base data is updated yearly, averaging 2.452 % from Dec 2016 (Median) to 2036, with 21 observations. The data reached an all-time high of 3.392 % in 2018 and a record low of -0.713 % in 2016. Russia MED Forecast: Real Disposable Income: YoY: Base data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.HA005: Real Disposable Income: Forecast: Ministry of Economic Development.
Due to the COVID-19 pandemic, the population's real disposable income in Russia declined by three percent in 2020. In the following year, the income growth was forecast at 3.7 percent, after which it would decline to 2.1 percent in 2025.
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Russia Real Disposable Income Index: Prev Qtr=100 data was reported at 77.100 Prev Qtr=100 in Mar 2019. This records a decrease from the previous number of 116.909 Prev Qtr=100 for Dec 2018. Russia Real Disposable Income Index: Prev Qtr=100 data is updated quarterly, averaging 105.100 Prev Qtr=100 from Mar 1999 (Median) to Mar 2019, with 81 observations. The data reached an all-time high of 120.200 Prev Qtr=100 in Dec 2013 and a record low of 71.800 Prev Qtr=100 in Mar 2014. Russia Real Disposable Income Index: Prev Qtr=100 data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HA003: Real Disposable Income Index. Taking into account the lump sum monetary payment in January 2017 of 5 thousand roubles appointed according to the Federal law of November 22, 2016 № 385-FZ (EP-2017). С учетом единовременной денежной выплаты в январе 2017г. в размере 5 тысяч рублей в соответствии с Федеральным законом от 22 ноября 2016г. № 385-ФЗ (далее ЕВ-2017).
The real disposable income of the Russian population increased by *** percent in the third quarter of 2024 compared to the previous three-month period. Over the observed time frame, the most significant quarter-to-quarter decline in the disposable income nationwide was recorded in the first quarter of 2024.
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Russia RU: GDP: Gross National Disposable Income data was reported at 21,455,414.900 RUB mn in Dec 2015. This records an increase from the previous number of 20,732,301.400 RUB mn for Sep 2015. Russia RU: GDP: Gross National Disposable Income data is updated quarterly, averaging 5,284,570.400 RUB mn from Mar 1995 (Median) to Dec 2015, with 84 observations. The data reached an all-time high of 21,455,414.900 RUB mn in Dec 2015 and a record low of 239,315.800 RUB mn in Mar 1995. Russia RU: GDP: Gross National Disposable Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.IFS: Gross Domestic Product: by Expenditure: Quarterly.
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Russia Real Disposable Income Index: Prev Year=100 data was reported at 99.700 Prev Year=100 in 2018. This records an increase from the previous number of 98.800 Prev Year=100 for 2017. Russia Real Disposable Income Index: Prev Year=100 data is updated yearly, averaging 104.300 Prev Year=100 from Dec 1999 (Median) to 2018, with 20 observations. The data reached an all-time high of 115.000 Prev Year=100 in 2003 and a record low of 87.700 Prev Year=100 in 1999. Russia Real Disposable Income Index: Prev Year=100 data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HA003: Real Disposable Income Index. Taking into account the lump sum monetary payment in January 2017 of 5 thousand roubles appointed according to the Federal law of November 22, 2016 № 385-FZ (EP-2017). С учетом единовременной денежной выплаты в январе 2017г. в размере 5 тысяч рублей в соответствии с Федеральным законом от 22 ноября 2016г. № 385-ФЗ (далее ЕВ-2017).
The debt of households and non-profit institutions serving households (NPISHs) in Russia increased by 3.2 percent of household and NPISH net disposable income (+9.36 percent) in 2019. With 37.41 percent of household and NPISH net disposable income, the debt thereby reached its highest value in the observed period. Find more statistics on other topics about Russia with key insights such as household final consumption expenditure and savings rate as a share of household disposable income.
The net saving of households and non-profit institutions serving households (NPISHs) in Russia decreased by 0.9 percent of household and NPISH net disposable income (-17.31 percent) since the previous year. Nevertheless, the last two years in this industry recorded a significant higher net saving than the preceding years.Find more statistics on other topics about Russia with key insights such as gross adjusted household disposable income and savings rate as a share of household disposable income.
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Russia MED Forecast: Real Disposable Income: YoY: Conservative data was reported at 2.630 % in 2036. This records an increase from the previous number of 2.570 % for 2035. Russia MED Forecast: Real Disposable Income: YoY: Conservative data is updated yearly, averaging 2.393 % from Dec 2016 (Median) to 2036, with 21 observations. The data reached an all-time high of 3.392 % in 2018 and a record low of -3.669 % in 2016. Russia MED Forecast: Real Disposable Income: YoY: Conservative data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.HA005: Real Disposable Income: Forecast: Ministry of Economic Development.
In 2024, the Russian population allocated nearly*** percent of its income on consumer spending. Compulsory payments and contributions occupied over ** percent of the total income, while total savings exceeded eight percent. To compare, within the population's disposable income, the share of consumer expenditures was higher, at 90 percent.
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Key information about Russia Household Income per Capita
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The Russia Instant Food market is projected to grow at 6.21% CAGR from 2023 to 2028, driven by increased disposable income.
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MED Forecast: Real Disposable Income: YoY: Conservative Scenario data was reported at 1.954 % in 2024. This records a decrease from the previous number of 1.964 % for 2023. MED Forecast: Real Disposable Income: YoY: Conservative Scenario data is updated yearly, averaging 1.954 % from Dec 2020 (Median) to 2024, with 5 observations. The data reached an all-time high of 2.623 % in 2021 and a record low of -2.800 % in 2020. MED Forecast: Real Disposable Income: YoY: Conservative Scenario data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.HA005: Real Disposable Income: Forecast: Ministry of Economic Development.
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Russia RU: GDP: Gross National Disposable Income data was reported at 89,200,312.700 RUB mn in 2017. This records an increase from the previous number of 78,303,391.600 RUB mn for 2015. Russia RU: GDP: Gross National Disposable Income data is updated yearly, averaging 23,560,440.350 RUB mn from Dec 1995 (Median) to 2017, with 22 observations. The data reached an all-time high of 89,200,312.700 RUB mn in 2017 and a record low of 1,413,403.100 RUB mn in 1995. Russia RU: GDP: Gross National Disposable Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.
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Consumer Confidence in Russia increased to -8 points in the second quarter of 2025 from -11 points in the first quarter of 2025. This dataset provides - Russia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2019, the gross adjusted disposable income per capita of households and non-profit institutions serving households (NPISHs) in Russia increased by 1,511.1 US dollars per person, PPP converted (+7.82 percent) since 2018. With 20,831.2 US dollars per person, PPP converted, the disposable income thereby reached its highest value in the observed period. Find more statistics on other topics about Russia with key insights such as savings rate as a share of household disposable income and savings rate as a share of household disposable income.