Wages in Russia increased to 48510 RUB/Month in May from 47020 RUB/Month in April of 2019. Wages in Russia averaged 13701.45 RUB/Month from 1990 until 2019, reaching an all time high of 55569 RUB/Month in December of 2018 and a record low of 0 RUB/Month in February of 1990.
Wages in Russia is expected to be 46031.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Russia to stand at 45765.00 in 12 months time. In the long-term, the Russia Average Monthly Wages is projected to trend around 59084.00 RUB/Month in 2020, according to our econometric models.