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Cashless trade share in total expenses of Russians 2017-2020

Published by A. Melkadze, Jun 4, 2020
Over the last three months of 2019, cashless trade for the first time accounted for over 50 percent of total expenses of Russians, marking an increase by 1.7 percent compared to the previous quarter. In the first quarter of 2020, the share was measured at roughly 53 percent.

Share of cashless trade in total household expenditure in Russia from 1st quarter 2017 to 1st quarter 2020*

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Release date

April 2020

Region

Russia

Survey time period

Q1 2017 to Q1 2020

Supplementary notes

* Sberbank calculations; including cashless payments for services; only transactions toward legal persons are considered.

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