Minimum Wages in Russia increased to 15279 RUB/Month in 2022 from 13890 RUB/Month in 2022. source: Federal State Statistics Service

Minimum Wages in Russia averaged 5593.89 RUB/Month from 2000 until 2022, reaching an all time high of 15279 RUB/Month in 2022 and a record low of 132 RUB/Month in 2000. This page provides - Russia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Minimum Wages - values, historical data and charts - was last updated on September of 2022.

Minimum Wages in Russia is expected to reach 17000.00 RUB/Month by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Minimum Wages is projected to trend around 17000.00 RUB/Month in 2023, according to our econometric models.

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Russia Minimum Wages

Related Last Previous Unit Reference
Unemployment Rate 3.90 3.90 percent Jul 2022
Unemployed Persons 2.90 3.00 Million Jul 2022
Employed Persons 72.10 72.00 Million Jul 2022
Employment Rate 59.90 59.80 percent Jul 2022
Labor Force Participation Rate 62.30 62.30 percent Jul 2022
Productivity -0.40 2.60 percent Dec 2020
Wages 66572.00 62457.00 RUB/Month Jun 2022
Wage Growth -3.20 -6.10 percent Jun 2022
Minimum Wages 15279.00 13890.00 RUB/Month May 2022
Wages in Manufacturing 57851.00 62675.00 RUB/Month Apr 2022
Population 145.55 146.20 Million Dec 2021

Russia Minimum Wages
In Russia, minimum wage refers to the lowest monthly wage at federal level and cannot be below the minimum subsistence level. However, this provision has not yet been implemented in some regions. Since 2007, minimum wages include compensation, incentives payment and social benefits.
Actual Previous Highest Lowest Dates Unit Frequency
15279.00 13890.00 15279.00 132.00 2000 - 2022 RUB/Month Yearly