Minimum wages in Romania were at 446.02 EUR/Month in 2019. Minimum Wages in Romania averaged 151.33 EUR/Month from 1999 until 2019, reaching an all time high of 446.02 EUR/Month in the second quarter of 2019 and a record low of 24.53 EUR/Month in the second quarter of 2000.

Minimum Wages in Romania is expected to be 446.02 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Romania to stand at 520.00 in 12 months time. In the long-term, the Romania Gross Minimum Monthly Wage is projected to trend around 550.00 EUR/Month in 2020, according to our econometric models.

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Romania Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
446.02 407.45 446.02 24.53 1999 - 2019 EUR/Month Quarterly

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.00 8.70 3.80 percent [+]
Employed Persons 4989.10 4984.30 8496.00 4095.20 Thousand [+]
Unemployed Persons 259.40 258.70 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.50 2.00 5.30 1.50 percent [+]
Youth Unemployment Rate 17.50 17.50 25.50 15.30 percent [+]
Labour Costs 116.10 147.50 161.30 2.30 points [+]
Job Vacancies 1.11 1.11 2.14 0.50 percent [+]
Wages 5196.00 5090.00 5196.00 1.02 RON/Month [+]
Wages in Manufacturing 4568.00 4376.00 4568.00 203.00 RON/Month [+]
Minimum Wages 446.02 407.45 446.02 24.53 EUR/Month [+]
Population 19.52 19.64 23.21 18.32 Million [+]
Retirement Age Women 60.92 60.67 60.92 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 53.90 54.40 67.80 52.70 percent [+]
Living Wage Family 2160.00 2200.00 2200.00 2100.00 RON/Month [+]
Living Wage Individual 1300.00 1330.00 1330.00 1250.00 RON/Month [+]
Productivity 161.20 128.30 172.40 47.30 points [+]
Part Time Employment 556.10 496.90 1458.10 495.80 Thousand [+]
Wage Growth 11.60 12.30 283.30 -1.90 percent [+]
Wages Low Skilled 1430.00 1240.00 1430.00 1060.00 RON/Month [+]
Wages High Skilled 2880.00 2290.00 2880.00 1860.00 RON/Month [+]
Employment Change 0.20 0.10 3.30 -10.80 percent [+]
Employment Rate 66.70 66.40 69.10 55.40 percent [+]
Full Time Employment 7965.70 7732.50 8640.40 7228.10 Thousand [+]