Wages in Manufacturing in Russia decreased to 43243 RUB/Month in November from 44173 RUB/Month in October of 2019.

Wages in Manufacturing in Russia averaged 24802.74 RUB/Month from 2005 until 2019, reaching an all time high of 47231 RUB/Month in December of 2018 and a record low of 7397 RUB/Month in January of 2005. This page provides the latest reported value for - Russia Average Monthly Nominal Wages in Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Average Monthly Nominal Wages in Manufacturing - values, historical data and charts - was last updated on July of 2020. source: Federal State Statistics Service

Wages in Manufacturing in Russia is expected to be 43832.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Russia to stand at 44540.00 in 12 months time. In the long-term, the Russia Average Monthly Nominal Wages in Manufacturing is projected to trend around 45654.00 RUB/Month in 2021 and 46795.00 RUB/Month in 2022, according to our econometric models.

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Russia Average Monthly Nominal Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
43243.00 44173.00 47231.00 7397.00 2005 - 2019 RUB/Month Monthly
Current Prices, NSA

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 5.80 14.10 4.30 percent [+]
Employed Persons 70.20 71.40 74.10 60.40 Million [+]
Unemployed Persons 4.50 4.30 10.40 3.30 Million [+]
Employment Rate 58.10 59.10 66.60 58.10 percent [+]
Labor Force Participation Rate 62.00 61.70 70.30 61.70 percent [+]
Productivity 2.80 2.10 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 49306.00 50926.00 62239.00 0.00 RUB/Month [+]
Wages in Manufacturing 43243.00 44173.00 47231.00 7397.00 RUB/Month [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
Wage Growth -2.00 5.90 27.20 -41.40 percent [+]
Population 146.80 146.90 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]