Wages in Russia decreased to 41120 RUB/Month in January from 55150 RUB/Month in December of 2018. Wages in Russia averaged 13327.96 RUB/Month from 1990 until 2019, reaching an all time high of 55150 RUB/Month in December of 2018 and a record low of 0 RUB/Month in February of 1990.
Wages in Russia is expected to be 42000.00 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 55000.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 56500.00 RUB/Month in 2020, according to our econometric models.