According to the experts' estimates, a decrease in monthly insurance premiums to extrabudgetary funds, which cover 70 percent of social benefits' expenses in Russia, would grow at greater unemployment and payroll reduction rates as a consequence of the COVID-19 outbreak in the country. At a ten percent job cut and payroll income reduction rates, respectively, forecasted losses were measured at over 130 billion Russian rubles.
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Estimated loss in monthly insurance premiums to extrabudgetary funds* due to the coronavirus (COVID-19) in Russia in 2020, by unemployment rate and fall in payroll fund income
(in billion Russian rubles)
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Higher School of Economics. (April 1, 2020). Estimated loss in monthly insurance premiums to extrabudgetary funds* due to the coronavirus (COVID-19) in Russia in 2020, by unemployment rate and fall in payroll fund income (in billion Russian rubles) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1109012/russia-covid-19-caused-income-loss-of-extrabudgetary-funds/
Higher School of Economics. "Estimated loss in monthly insurance premiums to extrabudgetary funds* due to the coronavirus (COVID-19) in Russia in 2020, by unemployment rate and fall in payroll fund income (in billion Russian rubles)." Chart. April 1, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1109012/russia-covid-19-caused-income-loss-of-extrabudgetary-funds/
Higher School of Economics. (2020). Estimated loss in monthly insurance premiums to extrabudgetary funds* due to the coronavirus (COVID-19) in Russia in 2020, by unemployment rate and fall in payroll fund income (in billion Russian rubles). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1109012/russia-covid-19-caused-income-loss-of-extrabudgetary-funds/
Higher School of Economics. "Estimated Loss in Monthly Insurance Premiums to Extrabudgetary Funds* Due to The Coronavirus (Covid-19) in Russia in 2020, by Unemployment Rate and Fall in Payroll Fund Income (in Billion Russian Rubles)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1109012/russia-covid-19-caused-income-loss-of-extrabudgetary-funds/
Higher School of Economics, Estimated loss in monthly insurance premiums to extrabudgetary funds* due to the coronavirus (COVID-19) in Russia in 2020, by unemployment rate and fall in payroll fund income (in billion Russian rubles) Statista, https://www.statista.com/statistics/1109012/russia-covid-19-caused-income-loss-of-extrabudgetary-funds/ (last visited December 22, 2024)
Estimated loss in monthly insurance premiums to extrabudgetary funds* due to the coronavirus (COVID-19) in Russia in 2020, by unemployment rate and fall in payroll fund income (in billion Russian rubles) [Graph], Higher School of Economics, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1109012/russia-covid-19-caused-income-loss-of-extrabudgetary-funds/
