The standard of living in Russia in 2015

Olga Izryadnova ()

Published Papers from Gaidar Institute for Economic Policy

Abstract: Over the course of 2015, the average money income in nominal terms increased by 10.1%, to Rb 30,311 per capita. Although the year 2015 saw a rise in the growth rate of nominal money incomes relative to 2014, a 12.9% increase in consumer prices caused a sharp decline in the indicators of the standard of living in real terms. In 2015, the real disposable incomes of the population, real wages, and the real size of allotted pension amounted to 96.0%, 90.5% and 96.2% respectively, of their values in 2014

Keywords: Russian economy; living standard; money income; spending of the population (search for similar items in EconPapers)
JEL-codes: I31 I32 (search for similar items in EconPapers)
Pages: 4 pages
Date: 2016, Revised 2016
New Economics Papers: this item is included in nep-cis, nep-cse and nep-tra
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Published in RUSSIAN ECONOMY IN 2015 TRENDS AND OUTLOOKS (ISSUE 37)

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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2016-255.pdf Revised version, 2016 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:ppaper-2016-255

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