Wages in Manufacturing in Russia decreased to 40200 RUB/Month in February from 47231 RUB/Month in December of 2018. Wages in Manufacturing in Russia averaged 23702.74 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.

Wages in Manufacturing in Russia is expected to be 40427.06 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 48033.93 in 12 months time. In the long-term, the Russia Average Monthly Nominal Wages in Manufacturing is projected to trend around 50218.99 RUB/Month in 2020, according to our econometric models.

Russia Average Monthly Nominal Wages in Manufacturing
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Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.70 14.10 4.50 percent [+]
Employed Persons 71.40 71.50 74.10 60.40 Million [+]
Unemployed Persons 3.60 3.50 10.40 3.43 Million [+]
Employment Rate 59.00 59.10 66.60 58.80 percent [+]
Labor Force Participation Rate 62.10 61.90 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 47020.00 45000.00 55569.00 0.00 RUB/Month [+]
Wage Growth 1.60 2.30 27.20 -41.40 percent [+]
Wages in Manufacturing 40200.00 47231.00 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 Average Monthly Nominal Wages in Manufacturing

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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
40200.00 47231.00 47231.00 7397.00 2005 - 2019 RUB/Month Monthly
Current Prices, NSA




Country Last Previous
Australia 1340.30 Dec/18
Brazil 2303.00 Mar/19
Canada 25.73 Mar/19
China 72088.00 Dec/18
France 102.20 Dec/18
Germany 115.10 Mar/19
India 347.30 Dec/14
Indonesia 2653267.53 Mar/19
Italy 102.20 Apr/19
Japan 342743.00 Apr/19
Mexico 2.50 Feb/19
Netherlands 116.30 May/19
Russia 40200.00 Feb/19
South Africa 18510.00 Dec/18
South Korea 4654149.00 Mar/19
Switzerland 113.10 Dec/17
Turkey 183.07 Mar/19
United Kingdom 612.00 Apr/19
United States 22.04 May/19


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