The poverty level in Russia in 2024 reached a historic low of 7.2%, down from 8.3% in 2023. The poverty threshold in 2024 was set at 15,552 rubles per person per month. It was 14,339 rubles in 2023.

Russia continues to wage war in Ukraine, spending billions on military equipment. Meanwhile, many Russians live in extreme poverty, with little more than barracks for homes and mud in place of roads.

NOVO-OGARYOVO, September 25. /TASS/. Russian President Vladimir Putin has urged to bring poverty to a minimum in the country and lift "a considerable amount of people" out of it. "We all have ...

World Bank predicts increase in poverty in Russia for the first time since 1998 crisis UNITED NATIONS, July 8. /TASS/. The struggle against poverty and non-infectious diseases as well as the road ...

World Bank knowledge and technical assistance have focused on the social and economic development of Russia and on addressing the global challenges of fighting poverty, debt relief for the poorest ...

In the year before Russia invaded Ukraine, they revealed that about a third of their population was living in poverty. Many Russians, and foreign economists, believed the real rate was nearly 70 ...