Wages in Manufacturing in Russia increased to 51644 RUB/Month in October from 51387 RUB/Month in September of 2021. source: Federal State Statistics Service

Wages in Manufacturing in Russia averaged 27088.94 RUB/Month from 2005 until 2021, reaching an all time high of 56019 RUB/Month in December of 2020 and a record low of 5098.80 RUB/Month in August of 2021. 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 - values, historical data and charts - was last updated on January of 2022.

Wages in Manufacturing in Russia is expected to be 52444.00 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 Nominal Wages in Manufacturing is projected to trend around 53888.00 RUB/Month in 2023 and 55128.00 RUB/Month in 2024, according to our econometric models.

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Russia Average Monthly Nominal Wages in Manufacturing

Related Last Previous Unit Reference
Unemployment Rate 4.30 4.30 percent Nov/21
Unemployed Persons 3.20 3.30 Million Nov/21
Employed Persons 72.20 72.30 Million Nov/21
Employment Rate 59.80 59.80 percent Nov/21
Labor Force Participation Rate 62.60 62.60 percent Sep/21
Productivity 2.60 3.10 percent Dec/19
Wages 54649.00 54687.00 RUB/Month Oct/21
Wages in Manufacturing 51644.00 51387.00 RUB/Month Oct/21
Wage Growth 0.60 2.00 percent Oct/21
Minimum Wages 12792.00 12130.00 RUB/Month Jan/21
Population 146.20 146.70 Million Dec/20