Wages in Russia increased to 42000 RUB/Month in October from 41774 RUB/Month in September of 2018. Wages in Russia averaged 13041.22 RUB/Month from 1990 until 2018, reaching an all time high of 51197 RUB/Month in December of 2017 and a record low of 0 RUB/Month in February of 1990.

Wages in Russia is expected to be 53000.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Russia to stand at 42500.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 56500.00 RUB/Month in 2020, according to our econometric models.

Russia Average Monthly Wages
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.50 14.10 4.50 percent [+]
Employed Persons 72.50 73.20 74.10 60.40 Million [+]
Unemployed Persons 3.61 3.43 10.40 3.43 Million [+]
Employment Rate 59.80 60.30 66.60 59.30 percent [+]
Labor Force Participation Rate 62.80 63.20 70.30 62.50 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1738477.00 1753086.00 2197833.00 1000000.00 Persons [+]
Wages 42000.00 41774.00 51197.00 0.00 RUB/Month [+]
Wage Growth 4.40 4.90 27.20 -41.40 percent [+]
Wages in Manufacturing 40226.00 41126.00 41126.00 7397.00 RUB/Month [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 RUB/Month [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Living Wage Family 23700.00 23500.00 23700.00 23000.00 RUB/Month [+]
Living Wage Individual 14500.00 14800.00 14800.00 13900.00 RUB/Month [+]


Russia Average Monthly Wages

In Russia, wages are benchmarked using average monthly earnings. This page provides the latest reported value for - Russia Average Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Average Monthly Wages - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
42000.00 41774.00 51197.00 0.00 1990 - 2018 RUB/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20176.00 Jun/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.95 Nov/18


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