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 %)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).