Russian household savings as share of disposable income 2011-2019

Published by A. Melkadze, Nov 30, 2023
The savings rate as a share of household disposable income in Russia decreased by 0.9 percentage points (-17.31 percent) since the previous year. Nevertheless, the last two years recorded a significant higher share than the preceding years.
The net household savings as a share of their net disposable income shows the ability of the average household to save money. More specifically, it shows what portion of their income they saved.

Find more statistics on other topics about Russia with key insights such as share of debt to net disposable household income and savings rate as a share of household disposable income.

Net household savings as share of net disposable income in Russia from 2011 to 2019

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Source

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Release date

November 2023

Region

Russia

Survey time period

2011 to 2019

Supplementary notes

According to the definition of the source, 'household saving is estimated by subtracting household consumption expenditure from household disposable income plus the adjustment for the change in net equity of households in pension funds entitlements (since this component is also a determinant of household disposable income but with an opposite sign). The household saving rate is calculated as the ratio of household saving (plus the change in net equity of households in pension funds) to household disposable income (plus adjustment for the change in net equity of households in pension funds entitlements).'

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