Wages in Russia decreased to 55170 RUB/Month in July from 58782 RUB/Month in June of 2021. source: Federal State Statistics Service

Wages in Russia averaged 16286.88 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 October of 2021.

Wages in Russia is expected to be 70594.00 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

Russia Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.40 percent Aug/21 4.50 14.10 4.30
Unemployed Persons 3.36 Million Aug/21 3.40 10.40 3.30
Employed Persons 72.30 Million Aug/21 72.00 74.10 60.40
Employment Rate 59.80 percent Aug/21 59.60 66.60 58.00
Labor Force Participation Rate 62.20 percent Apr/21 62.10 70.30 61.70
Productivity 2.60 percent Dec/19 3.10 7.50 -4.10
Wages 55170.00 RUB/Month Jul/21 58782.00 69278.00 0.00
Wage Growth 2.20 percent Jul/21 4.90 27.20 -41.40
Wages in Manufacturing 51466.00 RUB/Month Mar/21 46375.00 56019.00 7397.00
Minimum Wages 12792.00 RUB/Month Jan/21 12130.00 12792.00 132.00
Population 146.20 Million Dec/20 146.70 148.60 119.90

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