Experts Named Russian Regions With Highest Income Growth

In the third quarter of this year, incomes of residents of 61 Russian regions showed positive dynamics, Izvestia reports with reference to the study conducted by the FinExpertiza international audit and consulting network. 

In Russia as a whole, in the second quarter of the year 2020, the real disposable income of the population against the background of the coronavirus pandemic and related restrictive measures decreased by 8.4 per cent compared to the same period in 2019; in the third quarter, the decline was to 4.8 per cent.

However, if we compare the indicators of the second and third quarters with each other, the nominal average per capita income of Russians increased in more than two-thirds of Russian regions. The growth leader was the Krasnodar Territory (+51.6 per cent, to 42,200 rubles a month). The top three also included Dagestan (+30.6 per cent, up to 29,300 rubles) and Kabardino-Balkaria (+25.3 per cent, up to 22,100 rubles).

Ru-Main, 01.12.2020 

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