OREANDA-NEWS By 2019, the wage gap between the poor and the rich has narrowed. For 19 years, it has decreased from 34 times to 13. However, this is unlikely to please our fellow citizens. Real incomes are falling, many Russians are essentially living from pay to pay.

The income gap between the highest paid and low paid employees has decreased in 19 years from 34 times to 13. This is reported by the Rossiyskaya Gazeta, referring to the words of the head of the laboratory of quantitative methods for studying regional development of the Russian Economic University named after Plekhanov Elena Egorova.

In 2000, wealthy Russians earned an average of 34 times more than the poor. Five years later, the gap was reduced to 25 times, and in 2019, rich Russians began to receive an average salary only 13 times higher than the poor.