Romania Average Gross Monthly Wages  Forecast


Wages in Romania is expected to be 3296.99 RON/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Romania to stand at 3295.39 in 12 months time. In the long-term, the Romania Average Gross Monthly Wages is projected to trend around 3282.42 RON/Month in 2020, according to our econometric models.


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Romania Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 5.1 5.2 5.1 5 5.1 5.4
Employed Persons 4860 4882 4892 4901 4911 4988
Unemployed Persons 366 377 386 393 401 453
Long Term Unemployment Rate 2.4 2.6 2.62 2.64 2.67 2.85
Youth Unemployment Rate 16.8 16.03 16.14 16.28 16.43 17.42
Labour Costs 121 92.81 119 120 96.64 97.11
Job Vacancies 1.23 1.08 1.03 0.97 0.94 1
Wages 3290 3297 3297 3297 3295 3282
Wages in Manufacturing 2943 2974 2974 2972 2971 2954
Minimum Wages 275 250 302 301 308 300
Population 19.64 19.64 19.58 19.58 19.58 19.26
Retirement Age Women 60.67 60.63 60.82 60.92 61.01 61.74
Retirement Age Men 65 65 64.92 64.89 64.85 64.35
Employment Change -0.6 -0.19 -0.32 -0.33 -0.3 -0.31
Employment Rate 65.5 61.4 61.57 64.95 64.86 62.29
Full Time Employment 7540 7636 7587 7631 7683 7696
Part Time Employment 515 572 568 587 595 627
Productivity 121 154 117 120 147 150
Labor Force Participation Rate 52.9 53.54 53.2 54.2 54.61 54.19
Living Wage Family 2405 2264 2264 2264 2264 2264
Living Wage Individual 1997 1853 1852 1852 1852 1852
Wages Low Skilled 1540
Wages High Skilled 2520 2448 2448 2448 2448 2448