Wages in Manufacturing in Romania decreased to 4710 RON/Month in January from 5208 RON/Month in December of 2020. source: Institutul National de Statistica

Wages in Manufacturing in Romania averaged 1862.83 RON/Month from 2000 until 2021, reaching an all time high of 5208 RON/Month in December of 2020 and a record low of 203 RON/Month in January of 2000. This page provides the latest reported value for - Romania Average Monthly Gross Wages in Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Average Monthly Gross Wages in Manufacturing - values, historical data and charts - was last updated on April of 2021.

Wages in Manufacturing in Romania is expected to be 4826.00 RON/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Romania to stand at 5427.00 in 12 months time. In the long-term, the Romania Average Monthly Gross Wages in Manufacturing is projected to trend around 5779.00 RON/Month in 2022 and 6167.00 RON/Month in 2023, according to our econometric models.

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Romania Average Monthly Gross Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
4710.00 5208.00 5208.00 203.00 2000 - 2021 RON/Month Monthly
Current Prices, NSA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.60 8.70 3.60 percent [+]
Employed Persons 4924.70 4910.60 8496.00 4095.20 Thousand [+]
Unemployed Persons 292.20 296.10 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.20 5.30 1.20 percent [+]
Youth Unemployment Rate 19.00 19.00 25.50 15.30 percent [+]
Labour Costs 122.00 121.00 165.40 2.10 points [+]
Job Vacancies 0.95 0.81 2.14 0.50 percent [+]
Wages 5549.00 5906.00 5906.00 1.02 RON/Month [+]
Wages in Manufacturing 4710.00 5208.00 5208.00 203.00 RON/Month [+]
Minimum Wages 458.07 460.77 466.23 24.53 EUR/Month [+]
Population 19.41 19.53 23.21 18.32 Million [+]
Retirement Age Women 61.67 61.42 61.67 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.50 55.10 67.80 52.70 percent [+]
Part Time Employment 471.70 543.10 1458.10 471.70 Thousand [+]
Productivity 120.60 116.00 121.60 40.50 points [+]
Wage Growth 8.10 7.10 283.30 -1.90 percent [+]
Full Time Employment 7825.50 7705.80 8640.40 7228.10 Thousand [+]
Employment Change -1.00 -3.10 3.80 -10.40 percent [+]
Employment Rate 65.80 66.00 69.10 55.40 percent [+]