Wages in Russia decreased to 49516 RUB/Month in January from 69278 RUB/Month in December of 2020. source: Ministry for Economic Development

Wages in Russia averaged 15655.64 RUB/Month from 1990 until 2021, reaching an all time high of 69278 RUB/Month in December of 2020 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. Russia Average Monthly Wages - values, historical data and charts - was last updated on April of 2021.

Wages in Russia is expected to be 52957.00 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 50457.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 72006.00 RUB/Month in 2022 and 73662.00 RUB/Month in 2023, according to our econometric models.

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Russia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
49516.00 69278.00 69278.00 0.00 1990 - 2021 RUB/Month Monthly
Current Prices, NSA

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.80 14.10 4.30 percent [+]
Employed Persons 70.80 70.60 74.10 60.40 Million [+]
Unemployed Persons 4.24 4.32 10.40 3.30 Million [+]
Employment Rate 58.60 58.40 66.60 58.00 percent [+]
Labor Force Participation Rate 62.10 62.00 70.30 61.70 percent [+]
Productivity 2.00 2.80 7.50 -4.10 percent [+]
Wages 49516.00 69278.00 69278.00 0.00 RUB/Month [+]
Wages in Manufacturing 46376.00 46201.00 50745.00 7397.00 RUB/Month [+]
Wage Growth 0.10 4.60 27.20 -41.40 percent [+]
Minimum Wages 12792.00 12130.00 12792.00 132.00 RUB/Month [+]
Population 146.70 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]


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