The Economist recently investigated the growth of Russia’s
middle class in its March 2nd daily chart. The data inspected various characteristics of the Russian
middle class throughout the first decade of the 21st century. The size of the middle class grew from
15% to 25% of the population, and GDP per person grew about $9,000 (growing
approximately 133%). Additionally,
Internet users grew from less than 50 per 1000 persons to over 450 per
1000. Lastly, the middle class has
engaged in more tourism, with tourist travel abroad more than doubling. Of future interest will be the
potential growth of the middle class throughout the current decade and how the
new leadership (elections take place this coming Sunday) may affect this data.
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