Average household expenditure per capita in Russia 2012-2023
In 2023, consumers in Russia spent an average of 5,573 U.S. dollars, marking an increase by roughly 593 U.S. dollars in the average annual household expenditure per capita compared to the previous year.
Consumption in Russia
The consumer confidence index (CCI) which measures consumers’ perception of job prospects, personal finances, and spending intentions, was measured at 76 points in the last quarter of 2021 in Russia. That marked a 10-index-point-increase compared to the equivalent period of the previous year. Even though Russian consumers were more optimistic in 2021 than the year before, at least one-third of the population aged over 18 years reported their disposition to spend less over the next year, according to a 2021 survey.
Food consumption in Russia
Food-related expenses of an average Russian accounted for roughly one-third of the total consumer budget in the country. This share was greater in 2020, which can be explained by COVID-19-related lockdowns and pandemic-induced grocery stocking. Meat, fish, and cheese were among the priciest grocery items in Russia in 2022. Butter was the third-most expensive food product after domestic cognac and black leaf tea in that year, with an average retail price of over 835 Russian rubles per kilogram.
