Minimum Wages in Russia increased to 11,163 RUB/Month on May 1st 2018. Minimum Wages in Russia averaged 3893.82 RUB/Month from 2000 until 2018, reaching an all time high of 11163 RUB/Month in 2018 and a record low of 132 RUB/Month in 2000.

Minimum Wages in Russia is expected to be 12000.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Minimum Wages is projected to trend around 14500.00 RUB/Month in 2020, according to our econometric models.

Russia Minimum Wages
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.40 14.10 4.40 percent [+]
Employed Persons 72.00 71.60 74.10 60.40 Million [+]
Unemployed Persons 3.40 3.30 10.40 3.30 Million [+]
Employment Rate 59.40 59.10 66.60 58.80 percent [+]
Labor Force Participation Rate 67.70 62.10 70.30 61.90 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1571616.00 1536667.00 2197833.00 1000000.00 Persons [+]
Wages 45900.00 49840.00 55569.00 0.00 RUB/Month [+]
Wage Growth 3.50 2.90 27.20 -41.40 percent [+]
Wages in Manufacturing 47231.00 40101.00 47231.00 7397.00 RUB/Month [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 RUB/Month [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Living Wage Family 23700.00 23500.00 23700.00 23000.00 RUB/Month [+]
Living Wage Individual 14500.00 14800.00 14800.00 13900.00 RUB/Month [+]


Russia Minimum Wages

In Russia, minimum wage refers to the lowest monthly wage at federal level and cannot be below the minimum subsistence level. However, this provision has not yet been implemented in some regions. Since 2007, minimum wages include compensation, incentives payment and social benefits. This page provides - Russia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Minimum Wages - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11163.00 9489.00 11163.00 132.00 2000 - 2018 RUB/Month Yearly




Country Last Previous
Argentina 12500.00 Jun/19
Australia 740.80 Jul/19
Brazil 998.00 Aug/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/18
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Jun/19
Netherlands 1635.60 Dec/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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