Wages in Manufacturing in Romania decreased to 4572 RON/Month in August from 4609 RON/Month in July of 2020.

Wages in Manufacturing in Romania averaged 1802.84 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 October of 2020.

Wages in Manufacturing in Romania is expected to be 3650.00 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 4363.00 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
4572.00 4609.00 4772.00 203.00 2000 - 2020 RON/Month Monthly
Current Prices, NSA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.40 8.70 3.70 percent [+]
Employed Persons 4895.50 4897.00 8496.00 4095.20 Thousand [+]
Unemployed Persons 286.70 283.90 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.20 1.50 5.30 1.20 percent [+]
Youth Unemployment Rate 16.90 16.90 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 5337.00 5468.00 5468.00 1.02 RON/Month [+]
Wages in Manufacturing 4572.00 4609.00 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 54.50 67.80 52.70 percent [+]
Part Time Employment 543.10 473.20 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 7705.80 7801.70 8640.40 7228.10 Thousand [+]
Employment Change -1.90 -0.40 3.60 -10.40 percent [+]
Employment Rate 65.20 66.00 69.10 55.40 percent [+]