Russia Real Wage Growth  1998-2017 | Data | Chart | Calendar | Forecast

Real wages in Russia increased 3.1 percent year-on-year in January of 2017, following an upwardly revised 2.8 percent rise in December and beating market expectations of 2.1 percent. It was the biggest increase since April 2014. Nominal wages went up 8.3 percent to RUB 35,650 (at the same pace as in December) and real disposable income jumped 8.1 percent, following a 6.4 percent drop in December. Wage Growth in Russia averaged 105.81 Index Points from 1998 until 2016, reaching an all time high of 127.20 Index Points in December of 2001 and a record low of 58.60 Index Points in January of 1999.

Russia Real Wage Growth
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-19 01:15 PM Nov 1.7% 0.4% 2.2% 1.5%
2017-01-25 01:00 PM Dec 2.4% 2.1% 1.6% 1.5%
2017-02-22 11:00 AM Jan 3.1% 2.8% 2.1% 2%
2017-03-20 01:00 PM Feb 3.1%
2017-04-19 01:00 PM Mar
2017-05-22 01:00 PM Apr




Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.30 14.10 4.80 percent [+]
Employed Persons 72.80 72.60 74.10 60.40 Million [+]
Unemployed Persons 4.10 4.10 10.40 3.60 Million [+]
Employment Rate 66.00 65.90 66.60 64.20 percent [+]
Labor Force Participation Rate 69.70 69.60 70.30 64.20 percent [+]
Productivity 0.90 1.80 7.50 -4.10 percent [+]
Job Offers 1175612.00 1267236.00 2197833.00 1000000.00 Persons [+]
Wages 35650.00 47054.00 47054.00 1.00 RUB/Month [+]
Wage Growth 103.10 102.80 127.20 58.60 Index Points [+]
Wages in Manufacturing 40731.00 35018.00 40731.00 7397.00 RUB/Month [+]
Minimum Wages 7500.00 7500.00 7500.00 132.00 RUB/Month [+]
Population 146.50 146.30 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Living Wage Family 33965.10 34469.50 35809.00 19300.00 RUB/Month [+]
Living Wage Individual 11900.00 10900.00 11900.00 10900.00 RUB/Month [+]
Wages High Skilled 38600.00 37300.00 38600.00 36700.00 RUB/Month [+]
Wages Low Skilled 13100.00 12100.00 13100.00 9990.00 RUB/Month [+]



Russia Real Wage Growth Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
103.10 102.80 127.20 58.60 1998 - 2017 Index Points Monthly
CPPY=100, NSA



Last
Australia 1.90 Dec/16
Belarus 7.97 Dec/16
Belgium 2.20 Jun/16
Cyprus -0.70 Sep/16
Czech Republic 4.00 Sep/16
Estonia 7.50 Jun/16
Euro Area 1.60 Sep/16
European Union 2.00 Sep/16
France 0.30 Jun/16
Germany 1.80 Sep/16
Hungary 5.70 Dec/16
Iceland 7.50 Nov/16
Italy 0.40 Dec/16
Japan 0.10 Dec/16
Macedonia 2.70 Mar/16
Netherlands 1.30 Jan/17
Norway 11.60 Sep/16
Poland 4.30 Jan/17
Portugal 3.20 Nov/16
Russia 103.10 Jan/17
Slovakia 4.00 Sep/16
Slovenia 3.68 Dec/16
Switzerland 0.60 Sep/16
Ukraine 23.80 Dec/16
United Kingdom 2.60 Dec/16
United States 3.57 Dec/16