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The Living Standards of Russia's Population in 2014

Author

Listed:
  • Svetlana Misikhina

    (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.

Suggested Citation

  • Svetlana Misikhina, 2015. "The Living Standards of Russia's Population in 2014," Published Papers 218, Gaidar Institute for Economic Policy, revised 2015.
    • Handle: RePEc:gai:ppaper:218
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/218Misikhina.pdf
    File Function: Revised version, 2015
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    More about this item

    Keywords

    Russian economy; personal income; poverty; consumption; living standard; Index Gini;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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