Belarus Average Monthly Wages - Forecast

Wages in Belarus is expected to be 870.00 BYN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Belarus to stand at 870.00 in 12 months time. In the long-term, the Belarus Average Monthly Wages is projected to trend around 1160.00 BYN/Month in 2020, according to our econometric models.


Belarus Average Monthly Wages
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Belarus Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 0.5 1 1 1 1 1.1
Unemployed Persons 23.4 26.91 27.21 27.11 27.06 27.06
Employed Persons 4347 4338 4335 4332 4329 4316
Wages 927 870 880 1050 870 1160
Wage Growth 18.69 26.56 17.43 12.59 11.74 20.17
Minimum Wages 305 305 305 305 326 341
Population 9.51 9.54 9.5 9.5 9.5 9.5
Retirement Age Women 56 56 56 56 56.5 57
Retirement Age Men 61 61 61 61 61.5 62
Living Wage Family 650 650 650 650 670 670
Living Wage Individual 465 465 465 465 465 465
Wages High Skilled 581 595 595 595 610 610
Wages Low Skilled 386 397 397 397 397 410