Russia Real Wage Growth  1998-2017 | Data | Chart | Calendar | Forecast

Real wages in Russia increased 2.5 percent year-on-year in April of 2017, following an upwardly revised 3.5 percent rise in March and above market expectations of 1.7 percent. Nominal wages went up 6.7 percent to RUB 37,311 (7.6 percent in March) while real disposable income fell 7.6 percent (-2.3 percent in March). Wage Growth in Russia averaged 5.76 percent from 1998 until 2017, reaching an all time high of 27.20 percent in December of 2001 and a record low of -41.40 percent in January of 1999.

Russia Real Wage Growth
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-21 03:30 PM Feb 1.3% 3.1% 2.8% 2.3%
2017-04-18 01:10 PM Mar 1.5% 1% 2% 1.8%
2017-05-22 03:30 PM Apr 2.5% 3.2% 1.7% 1.9%
2017-06-20 01:00 PM May 2.5%
2017-07-19 01:00 PM Jun
2017-08-17 01:00 PM Jul




Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.40 14.10 4.80 percent [+]
Employed Persons 71.70 71.80 74.10 60.40 Million [+]
Unemployed Persons 4.05 4.10 10.40 3.60 Million [+]
Employment Rate 65.10 65.10 66.60 64.20 percent [+]
Labor Force Participation Rate 68.80 68.90 70.30 64.20 percent [+]
Productivity -2.20 0.70 7.50 -4.10 percent [+]
Job Offers 1248266.00 1208136.00 2197833.00 1000000.00 Persons [+]
Wages 39253.00 38483.00 47554.00 1.00 RUB/Month [+]
Wage Growth 2.50 3.20 27.20 -41.40 percent [+]
Wages in Manufacturing 38423.00 35603.00 40731.00 7397.00 RUB/Month [+]
Minimum Wages 7500.00 7500.00 7500.00 132.00 RUB/Month [+]
Population 146.50 146.30 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Living Wage Family 33965.10 34469.50 35809.00 32990.40 RUB/Month [+]
Living Wage Individual 35518.60 34458.70 37431.50 32176.90 RUB/Month [+]
Wages High Skilled 38600.00 37300.00 38600.00 36700.00 RUB/Month [+]
Wages Low Skilled 13100.00 12100.00 13100.00 9990.00 RUB/Month [+]


Russia Real Wage Growth Notes

This page provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Real Wage Growth - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 3.20 27.20 -41.40 1998 - 2017 percent Monthly



wage growth by Country

Last
Australia 1.90 Mar/17
Euro Area 1.60 Dec/16
France 0.20 Dec/16
Germany 1.10 Dec/16
Italy 0.50 Apr/17
Japan -0.40 Mar/17
Netherlands 1.21 Apr/17
Russia 2.50 Apr/17
Switzerland 0.70 Dec/16
United Kingdom 2.40 Mar/17
United States 5.53 Mar/17