Living Wage Family in Russia increased to 23700 RUB/Month in 2018 from 23500 RUB/Month in 2017. Living Wage Family in Russia averaged 23325 RUB/Month from 2015 until 2018, reaching an all time high of 23700 RUB/Month in 2018 and a record low of 23000 RUB/Month in 2015.

Living Wage Family in Russia is expected to be 31100.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Living Wage Family is projected to trend around 32000.00 RUB/Month in 2020, according to our econometric models.

Russia Living Wage Family
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.50 14.10 4.40 percent [+]
Employed Persons 71.60 71.40 74.10 60.40 Million [+]
Unemployed Persons 3.30 3.40 10.40 3.30 Million [+]
Employment Rate 59.10 59.00 66.60 58.80 percent [+]
Labor Force Participation Rate 67.70 62.10 70.30 61.90 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1571616.00 1536667.00 2197833.00 1000000.00 Persons [+]
Wages 48510.00 47020.00 55569.00 0.00 RUB/Month [+]
Wage Growth 2.30 1.60 27.20 -41.40 percent [+]
Wages in Manufacturing 47231.00 40101.00 47231.00 7397.00 RUB/Month [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 RUB/Month [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Living Wage Family 23700.00 23500.00 23700.00 23000.00 RUB/Month [+]
Living Wage Individual 14500.00 14800.00 14800.00 13900.00 RUB/Month [+]


Russia Living Wage Family

WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. Russia Living Wage Family - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
23700.00 23500.00 23700.00 23000.00 2015 - 2018 RUB/Month yearly




Country Last Previous
Argentina 14400.00 Dec/18
Australia 2790.00 Dec/18
Brazil 2360.00 Dec/18
Canada 2580.00 Dec/18
France 1790.00 Dec/18
Germany 1990.00 Dec/17
India 19400.00 Dec/18
Indonesia 2954800.00 Dec/18
Italy 1440.00 Dec/18
Mexico 7900.00 Dec/18
Netherlands 1560.00 Dec/18
Russia 23700.00 Dec/18
South Africa 11300.00 Dec/18
Spain 1150.00 Dec/18
Turkey 3190.00 Dec/18
United Kingdom 1300.00 Dec/18
United States 2380.00 Dec/18


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