Wages in Russia decreased to 49844 RUB/Month in July from 52123 RUB/Month in June of 2020.
Wages in Russia averaged 15053.78 RUB/Month from 1990 until 2020, reaching an all time high of 62239 RUB/Month in December of 2019 and a record low of 0 RUB/Month in February of 1990. 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 - values, historical data and charts - was last updated on September of 2020. source: Ministry for Economic Development
Wages in Russia is expected to be 45769.00 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 52957.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 64436.00 RUB/Month in 2021 and 65854.00 RUB/Month in 2022, according to our econometric models.