Wages in Russia increased to 49840 RUB/Month in June from 48510 RUB/Month in May of 2019. Wages in Russia averaged 13803.54 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.

Wages in Russia is expected to be 42693.00 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 49723.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 60251.00 RUB/Month in 2020, according to our econometric models.

Russia Average Monthly Wages
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.50 14.10 4.40 percent [+]
Employed Persons 71.60 71.40 74.10 60.40 Million [+]
Unemployed Persons 3.30 3.40 10.40 3.30 Million [+]
Employment Rate 59.10 59.00 66.60 58.80 percent [+]
Labor Force Participation Rate 67.70 62.10 70.30 61.90 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1571616.00 1536667.00 2197833.00 1000000.00 Persons [+]
Wages 49840.00 48510.00 55569.00 0.00 RUB/Month [+]
Wage Growth 2.30 1.60 27.20 -41.40 percent [+]
Wages in Manufacturing 47231.00 40101.00 47231.00 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 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 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 Average Monthly Wages

In Russia, wages are benchmarked using average monthly earnings. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49840.00 48510.00 55569.00 0.00 1990 - 2019 RUB/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 40911.00 Apr/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 313061.00 May/19
Mexico 377.49 May/19
Russia 49840.00 Jun/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 536.00 May/19
United States 23.43 Jun/19


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