Wages in Belarus increased 14.80 percent in March of 2020 over the same month in the previous year.

Wage Growth in Belarus averaged 28.22 percent from 2003 until 2020, reaching an all time high of 115.90 percent in May of 2012 and a record low of 5.72 percent in October of 2016. This page provides - Belarus Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus Wage Growth - values, historical data and charts - was last updated on June of 2020.

Wage Growth in Belarus is expected to be 13.93 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Belarus to stand at 13.57 in 12 months time. In the long-term, the Belarus Wage Growth is projected to trend around 13.37 percent in 2021 and 13.34 percent in 2022, according to our econometric models.

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Belarus Wage Growth

Actual Previous Highest Lowest Dates Unit Frequency
14.80 14.50 115.90 5.72 2003 - 2020 percent Monthly

Belarus Labour Last Previous Highest Lowest Unit
Unemployment Rate 0.20 0.30 4.00 0.20 percent [+]
Unemployed Persons 10.20 11.00 146.10 10.20 Thousand [+]
Employed Persons 4334.80 4338.70 4690.40 4296.70 Thousand [+]
Wages 1193.80 1213.60 1238.70 0.00 BYN/Month [+]
Wage Growth 14.80 14.50 115.90 5.72 percent [+]
Minimum Wages 330.00 305.00 330.00 0.20 BYN/Month [+]
Population 9.48 9.49 10.24 8.20 Million [+]
Retirement Age Women 56.00 55.50 56.00 55.00 [+]
Retirement Age Men 61.00 60.50 61.00 60.00 [+]
Living Wage Family 515.00 500.00 515.00 500.00 BYN/Month [+]
Living Wage Individual 265.00 255.00 265.00 255.00 BYN/Month [+]
Wages High Skilled 589.00 570.00 589.00 489.00 BYN/Month [+]
Wages Low Skilled 395.00 376.00 395.00 323.00 BYN/Month [+]