Wages in Russia increased to 62457 RUB/Month in May from 62269 RUB/Month in April of 2022. source: Federal State Statistics Service

Wages in Russia averaged 17410.27 RUB/Month from 1990 until 2022, reaching an all time high of 77994 RUB/Month in December of 2021 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 August of 2022.

Wages in Russia is expected to be 54140.00 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 79242.00 RUB/Month in 2023 and 80906.00 RUB/Month in 2024, according to our econometric models.

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Russia Average Monthly Wages

Related Last Previous Unit Reference
Unemployment Rate 3.90 3.90 percent Jun 2022
Unemployed Persons 3.00 2.90 Million Jun 2022
Employed Persons 72.00 71.90 Million Jun 2022
Employment Rate 59.80 59.80 percent Jun 2022
Labor Force Participation Rate 62.10 62.10 percent May 2022
Productivity -0.40 2.60 percent Dec 2020
Wages 62457.00 62269.00 RUB/Month May 2022
Wage Growth -6.10 -7.20 percent May 2022
Minimum Wages 15279.00 13890.00 RUB/Month May 2022
Wages in Manufacturing 57851.00 62675.00 RUB/Month Apr 2022
Population 145.55 146.20 Million Dec 2021

Russia Average Monthly Wages
In Russia, wages are benchmarked using average monthly earnings.
Actual Previous Highest Lowest Dates Unit Frequency
62457.00 62269.00 77994.00 0.00 1990 - 2022 RUB/Month Monthly
Current Prices, NSA