Wages in Russia increased to 58782 RUB/Month in June from 56171 RUB/Month in May of 2021. source: Federal State Statistics Service

Wages in Russia averaged 16184.01 RUB/Month from 1990 until 2021, reaching an all time high of 69278 RUB/Month in December of 2020 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 2021.

Wages in Russia is expected to be 50096.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Average Monthly Wages is projected to trend around 72006.00 RUB/Month in 2022 and 73662.00 RUB/Month in 2023, according to our econometric models.

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Russia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
58782.00 56171.00 69278.00 0.00 1990 - 2021 RUB/Month Monthly
Current Prices, NSA

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.80 14.10 4.30 percent [+]
Employed Persons 72.00 71.70 74.10 60.40 Million [+]
Unemployed Persons 3.40 3.60 10.40 3.30 Million [+]
Employment Rate 59.60 59.40 66.60 58.00 percent [+]
Labor Force Participation Rate 62.20 62.10 70.30 61.70 percent [+]
Productivity 2.60 3.10 7.50 -4.10 percent [+]
Wages 58782.00 56171.00 69278.00 0.00 RUB/Month [+]
Wages in Manufacturing 51466.00 46375.00 56019.00 7397.00 RUB/Month [+]
Wage Growth 4.90 3.30 27.20 -41.40 percent [+]
Minimum Wages 12792.00 12130.00 12792.00 132.00 RUB/Month [+]
Population 146.20 146.70 148.60 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]


Russia Average Monthly Wages
In Russia, wages are benchmarked using average monthly earnings.