A third of Russia’s population reported a decline in income during the coronavirus pandemic. On the results of a survey conducted by the Institute of Sociology of the Federal Research Sociological Center (FNISC) of the Russian Academy of Sciences, director of the Institute Mikhail Gorshkov, said TASS.
he noted that the proportion of the population that declares the growth of expenses increased by 1.5 times. At the same time, every fifth Russian spent most of his savings in a pandemic. In 2021, 55 percent of respondents reported 55 percent of respondents.
Earlier it was reported that the real disposable revenues of Russians collapsed to a record low since 2009, since the coronavirus strengthened the pressure on the stagnant economy. This was stated in the study of the Institute of Developing Economics of Finland Bank. Family revenues decreased by almost five percent in the first quarter of this year compared to the fourth quarter of 2019.
In 2020, 24.6 percent of Russians (36 million people) had an income below 60 percent of the median. Thus, almost a quarter of Russians can be attributed to the category of low-income.