Russia Real Wage Growth  1998-2018 | Data | Chart | Calendar | Forecast

Real wages in Russia rose 6.2 percent year-on-year in January of 2018, the same as an upwardly revised 6.2 percent gain in December and beating market forecasts of a 4.6 percent increase. Real wage growth remained the highest since September of 2013. Average nominal wages jumped 8.5 percent to RUB 38,400 while annual inflation rate fell to 2.2 percent, the lowest level since the series began in 1991. Meanwhile, real disposable income was flat after falling 1.4 percent in December. Wage Growth in Russia averaged 5.70 percent from 1998 until 2018, 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 Actual Previous Consensus TEForecast
2017-12-19 01:00 PM Real Wage Growth YoY 5.4% 5.4% 4.4% 4.5%
2018-01-25 01:00 PM Real Wage Growth YoY 4.6% 5.8% 5.2% 5.1%
2018-02-19 01:00 PM Real Wage Growth YoY 6.2% 6.2% 4.6% 4.2%
2018-03-21 01:00 PM Real Wage Growth YoY 6.2%
2018-04-18 01:00 PM Real Wage Growth YoY
2018-05-22 01:00 PM Real Wage Growth YoY


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.10 14.10 4.80 percent [+]
Employed Persons 72.40 72.30 74.10 60.40 Million [+]
Unemployed Persons 3.92 3.88 10.40 3.60 Million [+]
Employment Rate 65.80 65.70 66.60 64.20 percent [+]
Labor Force Participation Rate 69.30 69.20 70.30 64.20 percent [+]
Productivity -0.20 -2.20 7.50 -4.10 percent [+]
Job Offers 1392177.00 1507186.00 2197833.00 1000000.00 Persons [+]
Wages 50500.00 38720.00 50500.00 1.00 RUB/Month [+]
Wages in Manufacturing 38168.00 37536.00 40731.00 7397.00 RUB/Month [+]
Wage Growth 6.20 4.60 27.20 -41.40 percent [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.20 4.60 27.20 -41.40 1998 - 2018 percent Monthly




wage growth by Country
Country Last
Australia 2.10 Dec/17
Euro Area 1.60 Sep/17
France 0.30 Sep/17
Germany 0.70 Sep/17
Italy 0.70 Dec/17
Japan 0.70 Dec/17
Netherlands 1.74 Jan/18
Russia 6.20 Jan/18
Switzerland 0.50 Sep/17
United Kingdom 2.50 Dec/17
United States 4.47 Nov/17


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