Household financing strategies Russia 2019

Month-to-month changes in the financing strategies of Russian society showed that in the latest period observed, people were more indebted by all means of financial funding under consideration. In September 2019, 10 percent of the respondents revealed that they started spending their savings on daily expenses. On-credit shopping was seven percent higher in the latest period than in the fourth quarter of 2018.

Financial funding strategies of Russian population from 4th quarter 2016 to September 2019*, by type

Characteristic	Take a money from friends and family	Take a loan from bank, purchase goods on credit	Pay for daily expenses from savings
September 2019	7%	9%	10%
Q4 2018	4%	2%	6%
Q4 2017	4%	2%	5%
Q4 2016	5%	3%	6%

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Release date

October 2019

More information

Region

Russia

Survey time period

Q4 2016 to September 2019

Number of respondents

2,020 respondents

Age group

18 years and older

Method of interview

Face-to-face interview

Supplementary notes

* The original survey question stated the following: "Look at the card and tell me what of the above you (your family members) started to do in the last month? That is, did not do it in the previous month."

The study was carried out in 105 settlements across 55 federal subjects of Russia.
Statistical error does not exceed 3.3%.

The figures are presented for selected time periods.

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