Minimum Wages in Romania increased to 466.72 EUR/Month in the third quarter of 2021 from 458.07 EUR/Month in the first quarter of 2021. source: EUROSTAT

Minimum Wages in Romania averaged 184.69 EUR/Month from 1999 until 2021, reaching an all time high of 466.72 EUR/Month in the third quarter of 2021 and a record low of 24.53 EUR/Month in the first quarter of 2000. This page provides - Romania Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Gross Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2021.

Minimum Wages in Romania is expected to be 460.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Romania to stand at 500.00 in 12 months time. In the long-term, the Romania Gross Minimum Monthly Wage is projected to trend around 500.00 EUR/Month in 2022 and 540.00 EUR/Month in 2023, according to our econometric models.

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Romania Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
466.72 458.07 466.72 24.53 1999 - 2021 EUR/Month Quarterly

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 8.70 3.60 percent [+]
Employed Persons 4969.20 4962.80 8496.00 4095.20 Thousand [+]
Unemployed Persons 258.80 262.10 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 2.00 1.70 5.30 1.20 percent [+]
Youth Unemployment Rate 21.30 21.30 25.80 15.30 percent [+]
Labour Costs 140.40 160.10 165.40 2.10 points [+]
Job Vacancies 0.79 0.73 2.14 0.50 percent [+]
Wages 5780.00 5779.00 5906.00 1.02 RON/Month [+]
Wages in Manufacturing 5090.00 5091.00 5208.00 203.00 RON/Month [+]
Minimum Wages 466.72 458.07 466.72 24.53 EUR/Month [+]
Population 19.33 19.41 23.21 18.32 Million [+]
Retirement Age Women 61.67 61.42 61.67 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 66.30 64.80 73.60 60.60 percent [+]
Part Time Employment 314.90 449.60 1458.10 314.90 Thousand [+]
Productivity 134.10 134.70 134.70 40.50 points [+]
Wage Growth 7.60 9.80 283.30 -1.90 percent [+]
Full Time Employment 7244.80 7818.20 8640.40 7228.10 Thousand [+]
Employment Change -9.40 0.20 4.30 -10.40 percent [+]
Employment Rate 60.80 65.80 69.10 55.40 percent [+]