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Russia Poverty Rate

Russia's poverty rate rose to 0.2% in 2021, up from 0.1% in 2020, according to World Bank. This represents an increase of 0.1% from the previous year. Russia has poverty rate lower than the global median (0.20% vs median 1.90%). Compared with the median in Europe, Russia is lower (0.20% vs regional median 0.30%) and ranks 28th out of 41 countries in Europe.

Russia's annual unemployment rate fell to 2.53% in 2024, down from 3.08% in 2023.

Yearly Historical Data (1993-2021)

(in %)
Year Poverty Rate (%)
2021 0.2%
2020 0.1%
2019 0.3%
2018 0.2%
2017 0.4%
2016 0.4%
2015 0.4%
2014 0.4%
2013 0.1%
2012 0.1%
2011 0.1%
2010 0.2%
2009 0.2%
2008 0.2%
2007 0.4%
2006 0.9%
2005 1.4%
2004 1.8%
2003 2.1%
2002 2%
2001 3.2%
2000 5.1%
1999 7.2%
1998 4%
1997 2.7%
1996 7.1%
1993 6.2%
Russia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Russia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).