Minimum wages in Romania were at 446.02 EUR/Month in 2019.

Minimum Wages in Romania averaged 158.35 EUR/Month from 1999 until 2019, reaching an all time high of 446.02 EUR/Month in the second quarter of 2019 and a record low of 24.53 EUR/Month in the second quarter of 2000. This page provides - Romania Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Gross Minimum Monthly Wage - values, historical data and charts - was last updated on July of 2020.

Minimum Wages in Romania is expected to be 520.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Romania to stand at 550.00 in 12 months time. In the long-term, the Romania Gross Minimum Monthly Wage is projected to trend around 550.00 EUR/Month in 2021, according to our econometric models.

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Romania Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
446.02 446.02 446.02 24.53 1999 - 2019 EUR/Month Quarterly

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.60 8.70 3.70 percent [+]
Employed Persons 4908.60 4976.30 8496.00 4095.20 Thousand [+]
Unemployed Persons 251.90 250.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.50 5.30 1.50 percent [+]
Youth Unemployment Rate 17.70 17.70 25.50 15.30 percent [+]
Labour Costs 165.40 113.80 165.40 2.10 points [+]
Job Vacancies 0.84 0.95 2.14 0.50 percent [+]
Wages 5201.00 5386.00 5465.00 1.02 RON/Month [+]
Wages in Manufacturing 4175.00 4574.00 4772.00 203.00 RON/Month [+]
Minimum Wages 446.02 446.02 446.02 24.53 EUR/Month [+]
Population 19.41 19.53 23.21 18.32 Million [+]
Retirement Age Women 60.92 60.67 60.92 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.10 55.80 67.80 52.70 percent [+]
Part Time Employment 498.10 504.20 1458.10 495.80 Thousand [+]
Productivity 121.20 121.60 121.60 40.50 points [+]
Wage Growth 8.80 8.00 283.30 -1.90 percent [+]
Full Time Employment 7899.80 7978.20 8640.40 7228.10 Thousand [+]
Employment Change -0.10 0.60 3.60 -10.40 percent [+]
Employment Rate 65.40 66.00 69.10 55.40 percent [+]