The Living Standards of Russia's Population in 2014

Svetlana Misikhina

Published Papers from Gaidar Institute for Economic Policy

Abstract: Over 2014, the population’s real disposable income constituted 99.0% of its 2013 level. However, it posted growth in 2008 recession year. Growth rates of salaries in the budget-funded sphere went down. Over 2014, the level of inequality somewhat declined by comparison with 2013 level. The poverty level over the first 9 months of 2014 remained without change vis-a-vis the corresponding period of 2013. Noticeable reduction of the population’s real income and households consumption as well as small-scale of the poverty level is forecasted in 2015.

Keywords: Russian economy; personal income; poverty; consumption, living standard, Index Gini (search for similar items in EconPapers)
JEL-codes: I31 I32 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2015, Revised 2015
New Economics Papers: this item is included in nep-cis and nep-tra
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https://www.iep.ru/files/RePEc/gai/ppaper/218Misikhina.pdf Revised version, 2015 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:218

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