Belarus Average Monthly Wages - Forecast

Wages in Belarus is expected to be 880.00 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 1082.09 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.


Forecast Data Chart
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Belarus Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 0.4 1 1 1 0.5 1.1
Unemployed Persons 17.2 14.79 13.97 14.14 14.25 14.25
Employed Persons 4333 4329 4325 4322 4319 4305
Wages 974 880 1050 870 1082 1160
Wage Growth 17.7 16.98 16.58 16.25 16.04 15.81
Minimum Wages 305 305 305 326 310 341
Population 9.49 9.49 9.49 9.47 9.47 9.45
Retirement Age Women 56 56 56 56.5 56 57
Retirement Age Men 61 61 61 61.5 61 62
Living Wage Family 650 650 650 670 650 670
Living Wage Individual 465 465 465 465 465 465
Wages High Skilled 581 595 595 595 558 610
Wages Low Skilled 386 397 397 397 390 410