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

Real wages in Russia rose 4.3 percent year-on-year in October 2017, following an upwardly revised 4.4 percent gain in September and well above market expectations of 2.8 percent. Average nominal wages jumped 7.1 percent to RUB 38,275 while annual inflation rate slowed to 2.7 percent, the lowest since at least 1991. Meanwhile, real disposable income declined 1.3 percent, following a 0.3 percent fall in September. Wage Growth in Russia averaged 5.70 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-09-19 01:00 PM Real Wage Growth YoY 3.7% 3.1% 4.2% 4.1%
2017-10-18 01:00 PM Real Wage Growth YoY 2.6% 2.4% 3.9% 4%
2017-11-20 01:00 PM Real Wage Growth YoY 4.3% 4.4% 2.8% 2.8%
2017-12-19 01:00 PM Real Wage Growth YoY 4.3%


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 14.10 4.80 percent [+]
Employed Persons 72.80 72.90 74.10 60.40 Million [+]
Unemployed Persons 3.86 3.82 10.40 3.60 Million [+]
Employment Rate 66.10 66.10 66.60 64.20 percent [+]
Labor Force Participation Rate 69.60 69.60 70.30 64.20 percent [+]
Productivity -0.20 -2.20 7.50 -4.10 percent [+]
Job Offers 1652370.00 1663932.00 2197833.00 1000000.00 Persons [+]
Wages 37520.00 38040.00 47554.00 1.00 RUB/Month [+]
Wages in Manufacturing 38172.00 38923.00 40731.00 7397.00 RUB/Month [+]
Wage Growth 4.30 4.40 27.20 -41.40 percent [+]
Minimum Wages 7500.00 6204.00 7500.00 132.00 RUB/Month [+]
Population 146.80 146.50 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages Low Skilled 18300.00 13300.00 18300.00 12000.00 RUB/Month [+]
Wages High Skilled 46100.00 37300.00 46100.00 33300.00 RUB/Month [+]
Living Wage Family 28300.00 27600.00 28300.00 26700.00 RUB/Month [+]
Living Wage Individual 20400.00 20100.00 20400.00 19300.00 RUB/Month [+]


Russia Real Wage Growth

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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.40 27.20 -41.40 1998 - 2017 percent Monthly




wage growth by Country
Country Last
Australia 2.00 Sep/17
Euro Area 2.00 Jun/17
France 0.50 Mar/17
Germany 1.20 Jun/17
Italy 0.60 Sep/17
Japan 0.90 Sep/17
Netherlands 1.57 Oct/17
Russia 4.30 Oct/17
Switzerland 0.30 Jun/17
United Kingdom 2.20 Sep/17
United States 3.22 Sep/17