More than half — 56.9 percent — of all financial and non-financial assets in Russia are representatives of the middle class. Such data are contained in a new study “study on the financial behavior of the population and the habit of saving” held in the framework of the joint project of the Ministry of Finance and the International Bank for reconstruction and development with the assistance of the HSE and research center, ZAO “Demoscope”, the press service of the HSE.
According to the survey, 39.1% of all assets in Russia belong to the households located in the cities, 68.5 per cent — families up to three people. Financial assets — Bank deposits, cash, investment in securities and others — have over 76% of households. The majority (83.5 per cent) of financial assets amounted to current accounts, term deposits and cash. This figure is virtually unchanged from 2013, when the study was conducted for the first time. The experts noted the decline in private savings in cash and the increase in saving in the banks.
The average on current accounts of households is 37.9 thousand rbl., for term deposits — 183,1 thousand RUB, the accounts of electronic payment systems (Yandex.Money” and QIWI) — 1146 RUB, the study said. In 36.4% of households current accounts or deposits. In 2013 the figure was at 42.4%.
The most popular non-financial asset remains housing, which owns 79% of Russian households. In the second place vehicle (39,4%), the third (31,8%) — other real estate.
More than one-third (35.7%) of households in 2015 has carried the burden of outstanding debt on loans. The volume of current debt 48% were loans for the purchase or construction of real estate, to 25.2% for consumer loans. Russian family in average pay as payment for the loan, a quarter of monthly income, borrowers are from the poorest groups of 34.4%.
The survey was conducted in April–may 2015, and was attended by over 12 thousand people living in more than 6 thousand households.