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Real disposable income growth in Russia 2014-2023

The real disposable income of Russian households declined by 3.5 percent in 2020 due to the coronavirus (COVID-19) pandemic. After several years of negative rates, the real disposable income growth reached one percent in 2019. In the upcoming years, the income was forecast to continue increasing.

Year-over-year real disposable income growth of the population in Russia from 2014 to 2023

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Sources

Release date

April 2021

Region

Russia

Survey time period

2014 to 2020

Supplementary notes

* Operational data.
** Forecast.

The statistic has been combined from two sources. Forecasts were obtained from the "Forecast of the socio-economic development of the Russian Federation for 2021 and the planned period 2022 and 2023" by the Ministry of Economic Development of the Russian Federation, page 16.
Figures prior to 2021 were obtained from the file "Real disposable population income" by the Russian Federal Statistics Service.

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