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

Real wages in Russia rose 6.5 percent year-on-year in March 2018, easing from an upwardly revised 10.5 percent jump in the previous month and way below market expectations of 8.8 percent. Average nominal wages surged 9 percent to RUB 41,650 while annual inflation rate stood at 2.4 percent, close to the previous month's record low. Meanwhile, real disposable personal income in Russia increased by 4.1 percent in March, following a 4.3 percent growth in the previous month. Wage Growth in Russia averaged 5.75 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
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 9.7% 11.3% 6% 5.9%
2018-04-18 01:00 PM Real Wage Growth YoY 6.5% 10.5% 8.8% 9.1%
2018-05-22 01:00 PM Real Wage Growth YoY 6.5%
2018-06-20 01:00 PM Real Wage Growth YoY
2018-07-18 01:00 PM Real Wage Growth YoY


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 5.00 14.10 4.80 percent [+]
Employed Persons 72.00 71.90 74.10 60.40 Million [+]
Unemployed Persons 3.81 3.81 10.40 3.60 Million [+]
Employment Rate 59.30 59.30 66.60 59.30 percent [+]
Labor Force Participation Rate 62.50 62.60 70.30 62.50 percent [+]
Productivity -0.20 -2.20 7.50 -4.10 percent [+]
Job Offers 1410404.00 1377153.00 2197833.00 1000000.00 Persons [+]
Wages 41650.00 39800.00 51197.00 1.00 RUB/Month [+]
Wages in Manufacturing 38197.00 38517.00 40469.00 7397.00 RUB/Month [+]
Wage Growth 6.50 10.50 27.20 -41.40 percent [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.88 146.50 148.69 119.90 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.50 10.50 27.20 -41.40 1998 - 2018 percent Monthly




wage growth by Country
Country Last
Australia 2.10 Dec/17
Euro Area 1.70 Dec/17
France 0.10 Dec/17
Germany 0.50 Dec/17
Italy 0.90 Feb/18
Japan 1.30 Feb/18
Netherlands 1.83 Mar/18
Russia 6.50 Mar/18
Switzerland 0.50 Sep/17
United Kingdom 2.80 Feb/18
United States 4.47 Feb/18


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