Wages in Romania increased 7.60 percent in June of 2021 over the same month in the previous year. source: Institutul National de Statistica

Wage Growth in Romania averaged 41.53 percent from 1992 until 2021, reaching an all time high of 283.30 percent in August of 1993 and a record low of -1.90 percent in October of 2010. This page provides - Romania Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Gross Wage Growth - values, historical data and charts - was last updated on October of 2021.

Wage Growth in Romania is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Gross Wage Growth is projected to trend around 6.50 percent in 2022 and 6.70 percent in 2023, according to our econometric models.

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Romania Gross Wage Growth

Romania Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.20 percent Aug/21 5.10 8.70 3.60
Employed Persons 4976.90 Thousand Jul/21 4969.20 8496.00 4095.20
Job Vacancies 0.79 percent Sep/21 0.73 2.14 0.50
Wages 5688.00 RON/Month Aug/21 5780.00 5906.00 1.02
Wages in Manufacturing 4926.00 RON/Month Aug/21 5090.00 5208.00 203.00
Wage Growth 7.60 percent Jun/21 9.80 283.30 -1.90
Labor Force Participation Rate 66.30 percent Jun/21 64.80 73.60 60.60
Employment Rate 60.80 percent Mar/21 65.80 69.10 55.40

Romania Gross Wage Growth
In Romania, wage growth refers to year over year changes in gross average monthly earnings.