Russia Retirement Age - Men - Forecast

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.


Russia Retirement Age - Men
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Russia Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 5 5.2 5.3 5.5 5.1 5.8
Employed Persons 72 72.3 72.8 72.5 71.7 72.7
Unemployed Persons 3.81 3.7 3.8 3.9 3.89 4.2
Employment Rate 59.3 66.3 64.79 65.9 64.56 66.2
Labor Force Participation Rate 62.5 69.7 68.21 69.4 68.06 69.7
Productivity -0.2 1.2 1.2 1.2 0.17 2
Job Offers 1410404 1712007 1756374 1525690 1451166 1600369
Wages 39800 42500 40000 53000 42000 56500
Wages in Manufacturing 39800 42500 39000 53000 40000 56000
Wage Growth 6.5 4 4.2 4.2 5.66 3.3
Minimum Wages 11163 11163 11163 11163 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 Low Skilled 18300 15200 15200 15200 19500 20000
Wages High Skilled 46100 42800 42800 42800 46800 47000
Living Wage Family 28300 29700 29700 29700 31100 31100
Living Wage Individual 20400 37000 20400 37000 20400 39200