Weaker ruble makes Russians poorer than Ukrainians

The weak Russian ruble has made the Russian population poorer than the Ukrainians, as evidenced in Global Wealth Report published annually by Allianz, one of the world's largest insurance companies.

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The company used two key indicators when preparing the report: net financial assets per capita and gross financial assets per capita.

In 2013, net financial assets per capita in Russia averaged EUR 1,808, while in 2014 the value stood at just EUR 902. A key reason for a decline in the indicator is the weakening of the Russian currency that lost more than 60% of its value against the euro last year alone.

As a result of the Russian currency depreciation, Russia moved down from 44th to 50th position, as compared to Ukraine (ranked 48th, EUR 1,037 per capita), Poland (39th, EUR 6,194), Lithuania (36th, EUR 6,750), Latvia (31st, EUR 8,578), Estonia (29th, EUR 11,026), Finland (20th, EUR 25,059).

Only such countries as Serbia (51st place, EUR 862), Indonesia (52nd place, EUR 707) and Kazakhstan (53rd place, EUR 406) were placed below Russia in the ranking.

Read alsoGazprom may switch some export settlements to rubles for fear of new sanctionsThe world average distribution of the net financial assets amounts to EUR 20,361 per capita.

Meanwhile, gross financial assets in Russia are higher than in Ukraine: EUR 2,085 per capita in Russia against EUR 1,282 in Ukraine.

Switzerland retains the first position in the net financial assets ranking with the value of EUR 157,446 per capita, the U.S. ranks second - EUR 138,714, followed by the UK – EUR 86,233.

Read alsoRussia transfers $37 mln for pensions in DPR every month: BloombergAs UNIAN reported earlier, the public debt of the Russian Federation in 2012-2014 jumped 92%. The country's public debt increased the most (36.4%) in 2014. The Audit Chamber's estimates show that the indicator climbed as RUB 1 trillion was offered through federal loan bonds in an effort to raise funds for the Deposit Insurance Agency.

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