Household final consumption expenditure (US dollar) in Russia

The Household final consumption expenditure (US dollar) in Russia was last reported at 768177028451.00 in 2010, according to a World Bank report released in 2011. The Household final consumption expenditure (US dollar) in Russia was 667822925429.19 in 2009, according to a World Bank report, published in 2010. The Household final consumption expenditure (US dollar) in Russia was reported at 812122528960.40 in 2008, according to the World Bank. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Household final consumption expenditure (US dollar) in Russia. The Russian economy is commodity-driven. Payments from the fuel and energy sector in the form of customs duties and taxes accounted for nearly half of the federal budget's revenues. However, during the past decade, poverty and unemployment declined steadily and the middle class continued to expand.

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