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Russian Federation Poverty headcount ratio at societal poverty line (% of population)
What is Russian Federation's poverty headcount ratio at societal poverty line (% of population)? As of 2023, it's 13.7%, down from 18.2% in 2014.
| Label | Poverty headcount ratio at societal poverty line (% of population) |
|---|---|
| 2014 | 18.2% |
| 2015 | 18.8% |
| 2016 | 18.4% |
| 2017 | 17.6% |
| 2018 | 17.1% |
| 2019 | 17% |
| 2020 | 14.4% |
| 2021 | 15.8% |
| 2022 | 14.1% |
| 2023 | 13.7% |
Data Source: World Bank and Wantstats Repository
Russian Federation Poverty headcount ratio at societal poverty line (% of population): Key Points
- By 2023, Russian Federation's poverty headcount ratio at societal poverty line came to 13.70 %, against 18.20 % in 2014 — around 25% down across the period.
- 2016-2018: keeps falling, down to 17.10 % (-9%).
- 2020: slips to 14.40 % (-15%).
- 2021: rises to 15.80 % (+10%).
- 2022-2023: drifts lower, 13.70 % (-13%).
- 2023: Series wraps up at 13.70 %, a net 24.7% loss across the whole run.
What The Volatility Really Means
This is a series to read year by year, not to summarize with a single trend line. Doing the latter would flatten out real, meaningful movement.
Timing matters here: 2020 is when most of the world went through some version of pandemic disruption. This chart's dip landing in that same year is worth keeping in mind, even without certainty about the specific cause.
Check the source link for methodology before quoting a specific year from this chart — Russian Federation's underlying statistics agency, like most, revises and re-estimates historical figures as better data comes in.
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