Wages in Russia decreased to 45100 RUB/Month in August from 45900 RUB/Month in July of 2019. Wages in Russia averaged 13981.61 RUB/Month from 1990 until 2019, reaching an all time high of 55569 RUB/Month in December of 2018 and a record low of 0 RUB/Month in February of 1990.
Wages in Russia is expected to be 42693.00 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 49723.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 60251.00 RUB/Month in 2020, according to our econometric models.