Wages in Russia increased to 46549 RUB/Month in October from 45541 RUB/Month in September of 2019.

Wages in Russia averaged 14165.56 RUB/Month from 1990 until 2019, reaching an all time high of 55569 RUB/Month in December of 2018 and a record low of 0 RUB/Month in February of 1990. This page provides the latest reported value for - Russia Average Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Ministry for Economic Development

Wages in Russia is expected to be 47436.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Russia to stand at 47945.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 50373.00 RUB/Month in 2020, according to our econometric models.


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Russia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
46549.00 45541.00 55569.00 0.00 1990 - 2019 RUB/Month Monthly
Current Prices, NSA

Russia Average Monthly Wages
In Russia, wages are benchmarked using average monthly earnings.

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.60 14.10 4.30 percent [+]
Employed Persons 72.70 72.10 74.10 60.40 Million [+]
Unemployed Persons 3.51 3.48 10.40 3.30 Million [+]
Employment Rate 60.00 59.50 66.60 58.80 percent [+]
Labor Force Participation Rate 62.90 62.40 70.30 61.90 percent [+]
Productivity 2.30 1.90 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 46549.00 45541.00 55569.00 0.00 RUB/Month [+]
Wages in Manufacturing 44173.00 42597.00 47231.00 7397.00 RUB/Month [+]
Wage Growth 3.80 3.10 27.20 -41.40 percent [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 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 Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 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 [+]