Over the year from mid-2015 to mid-2016 – the well-being of Russians in dollar terms decreased by 14.4% – from 12 to 10 086 344 dollars for each adult. About it as writes RBC, said in published on Tuesday its annual report Global Wealth Report Credit Suisse.
Overall household wealth over this period decreased by 15% from 1,324 billion to $ 1,126 billion.
Under welfare refers to a set of financial and non-financial assets minus debts. According to the results of the calculation period non-financial assets in Russia are 10183 dollars for each adult, financial – 2197 dollars.
As stated in the report, one tenth of Russian households owned 89% of the total wealth of households. The high concentration of resources in Russia leads to the fact that in the country in 2016 live 96 billionaires. More than in the US where people with this condition 582, and in China, where they 244. At the same time, the number of dollar millionaires in Russia for the year decreased by 16% from 94 thousand to 79 thousand.
In a previous report it was reported that from mid-2014 to mid-2015 the well-being of Russians in dollar terms has decreased sharply from 19 to 11 590 726 dollars.
According to analysts, the rapid growth of the welfare of Russian households started in 2000-ies due to the fact that the country entered the global commodity markets. So, from 2000 to 2007, the wealth per adult has increased eight-fold. After 2007, however, growth slowed and became irregular, according to the study.
The ruble against the dollar fell from 25 rubles in 2007 to 34 rubles in mid-2014 and to 60 rubles at the end of 2014, in mid-2016, the dollar cost 64 rubles. Thus, in dollar terms, the welfare of Russian households since 2000 has increased from 2940 to 10 340 per adult, however, the real standard of living is barely higher than ten years ago, analysts stress.