Wages in Manufacturing in Russia increased to 47231 RUB/Month in December from 40101 RUB/Month in November of 2018. Wages in Manufacturing in Russia averaged 23604.54 RUB/Month from 2005 until 2018, reaching an all time high of 47231 RUB/Month in December of 2018 and a record low of 7397 RUB/Month in January of 2005.

Wages in Manufacturing in Russia is expected to be 42600.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Russia to stand at 47000.00 in 12 months time. In the long-term, the Russia Average Monthly Nominal Wages in Manufacturing is projected to trend around 51000.00 RUB/Month in 2020, according to our econometric models.

Russia Average Monthly Nominal Wages in Manufacturing
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.90 14.10 4.50 percent [+]
Employed Persons 71.50 71.20 74.10 60.40 Million [+]
Unemployed Persons 3.50 3.66 10.40 3.43 Million [+]
Employment Rate 59.10 58.80 66.60 58.80 percent [+]
Labor Force Participation Rate 62.10 61.90 70.30 61.90 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1485830.00 1597663.00 2197833.00 1000000.00 Persons [+]
Wages 45000.00 43030.00 55569.00 0.00 RUB/Month [+]
Wage Growth 0.00 0.00 27.20 -41.40 percent [+]
Wages in Manufacturing 47231.00 40101.00 47231.00 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 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 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 Nominal Wages in Manufacturing

This page provides the latest reported value for - Russia Average Monthly Nominal Wages in Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Average Monthly Nominal Wages in Manufacturing - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47231.00 40101.00 47231.00 7397.00 2005 - 2018 RUB/Month Monthly
Current Prices, NSA




Country Last Previous
Australia 1340.30 Dec/18
Brazil 2297.00 Feb/19
Canada 25.15 Jan/19
China 64452.00 Dec/17
France 102.20 Dec/18
Germany 115.00 Feb/19
India 347.30 Dec/14
Indonesia 2703980.52 Sep/18
Italy 113.70 Dec/18
Japan 330527.00 Feb/19
Mexico 2.40 Jan/19
Netherlands 115.90 Mar/19
Russia 47231.00 Dec/18
South Africa 18510.00 Dec/18
South Korea 3922407.00 Dec/18
Switzerland 113.10 Dec/17
Turkey 167.74 Dec/18
United Kingdom 607.00 Feb/19
United States 21.93 Mar/19


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