Russia Real Wage Growth  1998-2018 | Data | Chart | Calendar | Forecast

Real wages in Russia increased by 7 percent from a year earlier in August 2018, following a downwardly revised 7.5 percent advance in the previous month and below market expectations of a 7.5 percent gain. Average nominal wages surged 10.3 percent to RUB 41,140 while annual inflation rate rose to 3.1 percent in August, the highest value in a year. Meanwhile, real disposable personal income in Russia declined by 0.9 percent in August, following an upwardly revised 2.3 percent gain in the previous month. Wage Growth in Russia averaged 5.79 percent from 1998 until 2018, reaching an all time high of 27.20 percent in December of 2001 and a record low of -41.40 percent in January of 1999.

Russia Real Wage Growth
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-18 01:00 PM Real Wage Growth YoY 7.2% 7.6% 7% 6.5%
2018-08-17 01:00 PM Real Wage Growth YoY 8% 7.2% 6.8% 6.5%
2018-09-19 01:00 PM Real Wage Growth YoY 7% 7.5% 7.5% 7.2%
2018-10-17 01:00 PM Real Wage Growth YoY 7% 6.4% 6.4%
2018-11-20 01:00 PM Real Wage Growth YoY
2018-12-19 01:00 PM Real Wage Growth YoY


Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.70 14.10 4.60 percent [+]
Employed Persons 73.40 72.70 74.10 60.40 Million [+]
Unemployed Persons 3.51 3.60 10.40 3.51 Million [+]
Employment Rate 60.50 59.90 66.60 59.30 percent [+]
Labor Force Participation Rate 63.40 62.90 70.30 62.50 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1738477.00 1753086.00 2197833.00 1000000.00 Persons [+]
Wages 41140.00 42413.00 51197.00 1.00 RUB/Month [+]
Wage Growth 7.00 7.50 27.20 -41.40 percent [+]
Wages in Manufacturing 41126.00 40266.00 41126.00 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 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages High Skilled 46100.00 37300.00 46100.00 33300.00 RUB/Month [+]
Wages Low Skilled 18300.00 13300.00 18300.00 12000.00 RUB/Month [+]
Living Wage Family 28300.00 27600.00 28300.00 26700.00 RUB/Month [+]
Living Wage Individual 20400.00 20100.00 20400.00 19300.00 RUB/Month [+]


Russia Real Wage Growth

This page provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Real Wage Growth - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.50 27.20 -41.40 1998 - 2018 percent Monthly




wage growth by Country
Country Last
Argentina 2.37 Jul/18
Australia 2.10 Jun/18
Euro Area 1.90 Jun/18
France 0.70 Mar/18
Germany 0.50 Jun/18
Italy 1.90 Aug/18
Japan 0.90 Aug/18
Netherlands 2.09 Sep/18
Russia 7.00 Aug/18
Switzerland 0.80 Mar/18
United Kingdom 2.70 Aug/18
United States 4.79 Aug/18


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