In 2021, consumers in Russia spent an average of 5,217 U.S. dollars, marking an increase by roughly 678 U.S. dollars in the average annual household expenditure per capita compared to the previous year.
Consumption in Russia
The consumer confidence index (CCI) which measures consumers’ perception of job prospects, personal finances, and spending intentions, was measured at 76 points in the last quarter of 2021 in Russia. That marked a ten-index-point-increase compared to the equivalent period of the previous year. Even though Russian consumers were more optimistic in 2021 than the year before, at least one-third of the population aged over 18 years reported their disposition to spend less over the next year, according to a 2021 survey.
Food consumption in Russia
Food-related expenses of an average Russian accounted for roughly one-third of the total consumer budget in the country. In 2020, this share was somewhat greater than over the previous years, which can be explained by COVID-19-related lockdowns and pandemic-induced grocery stocking. Meat, fish, and cheese were among the priciest grocery items in Russia in 2021. Butter was the third most expensive food product after domestic cognac and black leaf tea in that year, with an average retail price of over 719 Russian rubles per kilogram.
Average annual household expenditure per capita in Russia from 2012 to 2021
(in U.S. dollars)
Characteristic
Household expenditure per capita in U.S. dollars
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The annual household expenditure per capita was calculated by the source by multiplying the monthly average household expenditure per capita by 12 and converting it to U.S. dollars.
Constant exchange rate.
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CEIC. (July 11, 2022). Average annual household expenditure per capita in Russia from 2012 to 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/822028/household-expenditure-per-capita-russia/
CEIC. "Average annual household expenditure per capita in Russia from 2012 to 2021 (in U.S. dollars)." Chart. July 11, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/822028/household-expenditure-per-capita-russia/
CEIC. (2022). Average annual household expenditure per capita in Russia from 2012 to 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/822028/household-expenditure-per-capita-russia/
CEIC. "Average Annual Household Expenditure per Capita in Russia from 2012 to 2021 (in U.S. Dollars)." Statista, Statista Inc., 11 Jul 2022, https://www.statista.com/statistics/822028/household-expenditure-per-capita-russia/
CEIC, Average annual household expenditure per capita in Russia from 2012 to 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/822028/household-expenditure-per-capita-russia/ (last visited June 18, 2024)
Average annual household expenditure per capita in Russia from 2012 to 2021 (in U.S. dollars) [Graph], CEIC, July 11, 2022. [Online]. Available: https://www.statista.com/statistics/822028/household-expenditure-per-capita-russia/