Wages in Romania increased to 5468 RON/Month in July from 5369 RON/Month in June of 2020.

Wages in Romania averaged 1463.07 RON/Month from 1991 until 2020, reaching an all time high of 5468 RON/Month in July of 2020 and a record low of 1.02 RON/Month in August of 1991. This page provides the latest reported value for - Romania Average Gross Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Average Gross Monthly Wages - values, historical data and charts - was last updated on September of 2020.

Wages in Romania is expected to be 5394.00 RON/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Romania to stand at 5435.00 in 12 months time. In the long-term, the Romania Average Gross Monthly Wages is projected to trend around 6111.00 RON/Month in 2021 and 6325.00 RON/Month in 2022, according to our econometric models.

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Romania Average Gross Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
5468.00 5369.00 5468.00 1.02 1991 - 2020 RON/Month Monthly
Current Prices, NSA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.30 8.70 3.70 percent [+]
Employed Persons 4897.00 4892.90 8496.00 4095.20 Thousand [+]
Unemployed Persons 283.90 260.70 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.50 1.60 5.30 1.50 percent [+]
Youth Unemployment Rate 17.40 17.40 25.50 15.30 percent [+]
Labour Costs 157.10 165.40 165.40 2.10 points [+]
Job Vacancies 0.71 0.84 2.14 0.50 percent [+]
Wages 5468.00 5369.00 5468.00 1.02 RON/Month [+]
Wages in Manufacturing 4609.00 4539.00 4772.00 203.00 RON/Month [+]
Minimum Wages 460.77 466.23 466.23 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 473.20 498.10 1458.10 473.20 Thousand [+]
Productivity 109.40 121.20 121.60 40.50 points [+]
Wage Growth 2.20 1.90 283.30 -1.90 percent [+]
Full Time Employment 7801.70 7899.80 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 [+]


Romania Average Gross Monthly Wages
In Romania, wages are benchmarked using average gross salaries.