Living Wage Individual in Russia decreased to 14500 RUB/Month in 2018 from 14800 RUB/Month in 2017. Living Wage Individual in Russia averaged 14300 RUB/Month from 2015 until 2018, reaching an all time high of 14800 RUB/Month in 2017 and a record low of 13900 RUB/Month in 2015.

Living Wage Individual in Russia is expected to be 21000.00 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 Individual is projected to trend around 24500.00 RUB/Month in 2020, according to our econometric models.


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Russia Living Wage Individual
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.50 14.10 4.50 percent [+]
Employed Persons 73.20 73.40 74.10 60.40 Million [+]
Unemployed Persons 3.61 3.43 10.40 3.43 Million [+]
Employment Rate 60.30 60.50 66.60 59.30 percent [+]
Labor Force Participation Rate 63.20 63.40 70.30 62.50 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1738477.00 1753086.00 2197833.00 1000000.00 Persons [+]
Wages 42000.00 41774.00 51197.00 0.00 RUB/Month [+]
Wage Growth 4.40 4.90 27.20 -41.40 percent [+]
Wages in Manufacturing 40226.00 41126.00 41126.00 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 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 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 Individual

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. Russia Living Wage Individual - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
14500.00 14800.00 14800.00 13900.00 2015 - 2018 RUB/Month yearly




Country Last
Argentina 10400.00 Dec/18
Australia 1770.00 Dec/18
Brazil 1390.00 Dec/18
Canada 1930.00 Dec/18
France 1080.00 Dec/18
Germany 1240.00 Dec/17
India 10300.00 Dec/18
Indonesia 1456700.00 Dec/18
Italy 935.00 Dec/18
Mexico 4320.00 Dec/18
Netherlands 1120.00 Dec/18
Russia 14500.00 Dec/18
South Africa 6570.00 Dec/18
Spain 855.00 Dec/18
Turkey 1930.00 Dec/18
United Kingdom 895.00 Dec/18
United States 1660.00 Dec/18


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