Retirement Age Men in Russia is expected to be 60.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Retirement Age - Men is projected to trend around 62.00 in 2020, according to our econometric models.


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Russia Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4.5 4.3 4.2 4.4 4.5 5.1
Employed Persons 73.2 72.5 71.7 72.2 72.4 72.7
Unemployed Persons 3.43 3.9 3.47 3.48 3.46 4.2
Employment Rate 60.3 61 61 61 62 62
Labor Force Participation Rate 63.2 64 64 64 65 65
Productivity 1.5 1.2 1.01 0.81 0.6 2
Job Offers 1738477 1525690 1451166 1557134 1601119 1600369
Wages 42200 53000 42000 42800 42500 56500
Wage Growth 7.2 4.2 2.9 2.5 2.2 2.2
Wages in Manufacturing 40226 42000 42600 44700 40200 51000
Minimum Wages 11163 11163 12000 12000 12000 12000
Population 147 147 147 147 147 148
Retirement Age Women 55 55 55 55 55 57
Retirement Age Men 60 60 60 60 60 62
Wages High Skilled 48300 46800 47800 47800 47800 49000
Wages Low Skilled 19900 19200 20500 20500 20500 21000
Living Wage Family 23700 29700 31100 31100 31100 32200
Living Wage Individual 14500 21000 22300 22300 22300 24500