EPRS Admin By / April 21, 2022

Income and wealth inequalities in Russia and Europe in 2021

Income and wealth inequalities in Russia and Europe in 2021

Income and wealth inequalities in Russia and Europe in 2021

Income inequality however remains very high, compared both with the Soviet era (see Figure 4) and with other countries (see Figure 5). In 2020, the richest 1 % of the Russian population received more than one fifth of the national income, while enjoying favourable tax rates.
Wealth inequality has also increased over the past two decades, with nearly half of the total wealth held by only 1 % of the population in 2020 (see Figures 4 and 5).


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