Income disparity in Russia up slightly in H1

(Interfax – MOSCOW, July 30, 2013) Income disparity in Russia increased slightly in the first six months of the year compared with the same period last year, Rosstat reported.

The 10% of Russians with the highest incomes accounted for 30.4% of all income in the six months. The first half results in previous years were 30.2% in 2012, 29.8% in 2011, 30.2% in 2010, 30.6% in 2009, 30.5% in 2008, 30.2% in 2007, 29.9% in 2006, 29.6% in 2005.

At the other end of the scale, the 10% with the lowest incomes accounted for just 1.9% of all incomes in the period, compared with 1.9% in 2012, 2.0% in 2011 and 2010, 1.9% in 2009 and 2008, and 2% in 2007, 2006 and 2005.

The income total for Russia in the first half of 2013 was 19.848 trillion rubles (up from 17.650 trillion rubles in the same period last year). Cash spending amounted to 19.955 trillion rubles (17.779 trillion rubles).

A total of 5.4% of Russians had incomes below 5,000 rubles per month in the period (compared with 7.2% in the same period of 2012), 6.7% had incomes in the 5,000-7,000 ruble range (8.2%), 11.9% – 7,000-10,000 (13.7%), 15.5% – 10,000-14,000 (16.5%), 15.7% – 14,0000-19,000 (15.8%), 17.0% – 19,000-27,000 (16.0%), 17.3% – 27,000-45,000 (14.9%) and 10.5% – over 45,000 (7.7%).