Wages in Manufacturing in Romania increased to 4574 RON/Month in March from 4456 RON/Month in February of 2020.

Wages in Manufacturing in Romania averaged 1748.99 RON/Month from 2000 until 2020, reaching an all time high of 4772 RON/Month in December of 2019 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 June of 2020.

Wages in Manufacturing in Romania is expected to be 4746.00 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 4634.00 in 12 months time. In the long-term, the Romania Average Monthly Gross Wages in Manufacturing is projected to trend around 5336.00 RON/Month in 2021 and 5523.00 RON/Month in 2022, according to our econometric models.

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Romania Average Monthly Gross Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
4574.00 4456.00 4772.00 203.00 2000 - 2020 RON/Month Monthly
Current Prices, NSA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.60 8.70 3.70 percent [+]
Employed Persons 4976.30 4997.10 8496.00 4095.20 Thousand [+]
Unemployed Persons 250.90 256.70 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 114.40 116.10 161.30 2.30 points [+]
Job Vacancies 0.84 0.95 2.14 0.50 percent [+]
Wages 5386.00 5243.00 5465.00 1.02 RON/Month [+]
Wages in Manufacturing 4574.00 4456.00 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 [+]
Living Wage Family 2160.00 2200.00 2200.00 2100.00 RON/Month [+]
Living Wage Individual 1300.00 1330.00 1330.00 1250.00 RON/Month [+]
Part Time Employment 498.10 504.20 1458.10 495.80 Thousand [+]
Labor Force Participation Rate 55.10 55.80 67.80 52.70 percent [+]
Productivity 121.60 120.30 121.60 40.50 points [+]
Wage Growth 8.80 8.00 283.30 -1.90 percent [+]
Wages Low Skilled 1430.00 1240.00 1430.00 1060.00 RON/Month [+]
Wages High Skilled 2880.00 2290.00 2880.00 1860.00 RON/Month [+]
Full Time Employment 7899.80 7978.20 8640.40 7228.10 Thousand [+]
Employment Change 1.30 -0.70 4.00 -10.40 percent [+]
Employment Rate 66.00 66.70 69.10 55.40 percent [+]