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All about Russia in 12 articles
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 | People |  | Economy |  | History |
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| The poor harvest (17.8M tons, 11.9% less than in 2023) led to a reduction in potato reserves in Russia. Wholesale prices have increased by more than 85% since the beginning of 2025, by 4.4 times compared to last spring. Retail prices have increased by 2.8 times year-on-year and amount to about 85 rubles per kg (1 USD). | The Russian Finance Ministry has increased the expected 2025 budget deficit from 1.17 trillion (0.5% of GDP) to 3.79T rubles (1.7%). Expected oil and natural gas revenues have decreased from 10.93T to 8.3T, and the oil price forecast has been lowered from $69.7 to $56 per barrel. The inflation estimate has increased to 7.6%. | From 2022 to 2024, according to the Bank of Russia, the share of Russian households with savings increased from 72.9% to 75.5%. The average savings increased from 115k to 145k rubles. In 2024, the funds of Russians in banks increased by 11.9 trillion rubles (+26.1%). The total amount is a record 57.5 trillion (about 700 billion USD). | In 2024, according to Rosstat, the 10% of the least well-off population of Russia (average monthly income - 14,479 Rubles or 160 USD) accounted for 2% of the total cash income, and the 10% of the most well-off population (240,519 Rubles or 2,670 USD) - 30%. The income of the richest increased by 10%, and that of the poorest - by 6.5%. | In 2024, according to the Unified Regulator of Gambling, the growth of legal bets in Russia was 40%, in total - 1.7T rubles (17B USD). The total number of players exceeded 6M, more than 2M made bets at least once a month. The average bet size increased by 18.9% and amounted to 1,268 Rubles (127 USD). 95% of bets were made online. | More notes from Russia » |
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Latest blog posts / More posts /
The Movie Posters in Russia in 1914-1918.
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Mirny - a Town on the Edge of the Abyss.
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Featured Russian city: Cherkessk
Cherkessk is a city located in the south of the European part of Russia, the capital of the Karachay-Cherkessia Republic. It is the main industrial, economic, and cultural center of the republic.... More...
