Minimum Wages in Russia increased to 12130 RUB/Month in 2020 from 11280 RUB/Month in 2019.
Minimum Wages in Russia averaged 4544.75 RUB/Month from 2000 until 2020, reaching an all time high of 12130 RUB/Month in 2020 and a record low of 132 RUB/Month in 2000. This page provides - Russia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Minimum Wages - values, historical data and charts - was last updated on July of 2020. source: Federal State Statistics Service
Minimum Wages in Russia is expected to reach 12130.00 RUB/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Minimum Wages is projected to trend around 12900.00 RUB/Month in 2021 and 14100.00 RUB/Month in 2022, according to our econometric models.