Socioeconomic inequality in Russia

19-04-2018

Russia has gone from Soviet-era egalitarianism to extremes of wealth and poverty. Economic growth since 2000 has slightly reduced the gap between rich and poor, but inequality is still higher than in most other developed countries. The income gap is exacerbated by such factors as corruption and low taxes for the rich, but it is also mitigated by a relatively inclusive education system.

Russia has gone from Soviet-era egalitarianism to extremes of wealth and poverty. Economic growth since 2000 has slightly reduced the gap between rich and poor, but inequality is still higher than in most other developed countries. The income gap is exacerbated by such factors as corruption and low taxes for the rich, but it is also mitigated by a relatively inclusive education system.