Russia Real Wage Growth  1998-2016 | Data | Chart | Calendar | Forecast

Real wages in Russia increased 2 percent year-on-year in October of 2016, following a downwardly revised 1.9 percent rise in the previous period and in line with market expectations. Also, the nominal wage went up 8.2 percent to RUB 36200. Meanwhile, the real disposable income dropped 5.9 percent, compared to 1.5 percent fall in September. Wage Growth in Russia averaged 105.85 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)
2016-09-19 01:00 PM Aug -1% -1.3% 0.7% 1.0%
2016-10-19 01:00 PM Sep 2.8% 2.7% -0.6% 1.4%
2016-11-18 01:00 PM Oct 2% 1.9% 2% 1.2%
2016-12-19 01:00 PM Nov 2% 1.5%
2017-01-25 08:08 AM Dec
2017-02-17 01:00 PM Jan




Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.20 14.10 4.80 percent [+]
Employed Persons 72.50 73.10 74.10 60.40 Million [+]
Unemployed Persons 4.10 4.00 10.40 3.60 Million [+]
Employment Rate 65.80 66.30 66.60 64.20 percent [+]
Labor Force Participation Rate 69.50 70.00 70.30 64.20 percent [+]
Productivity 0.90 1.80 7.50 -4.10 percent [+]
Job Offers 1359533.00 1406186.00 2197833.00 1000000.00 Persons [+]
Wages 36200.00 36115.00 42684.00 1.00 RUB/Month [+]
Wages in Manufacturing 34532.00 36133.00 37503.00 7397.00 RUB/Month [+]
Wage Growth 102.00 101.90 127.20 58.60 Index Points [+]
Minimum Wages 7500.00 6204.00 7500.00 132.00 RUB/Month [+]
Population 146.30 143.70 148.69 119.90 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 21900.00 20400.00 21900.00 19300.00 RUB/Month [+]
Living Wage Individual 11900.00 10900.00 11900.00 10900.00 RUB/Month [+]
Wages Low Skilled 13100.00 12100.00 13100.00 9990.00 RUB/Month [+]
Wages High Skilled 38600.00 37300.00 38600.00 36700.00 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
102.00 101.90 127.20 58.60 1998 - 2016 Index Points Monthly
CPPY=100, NSA



Last
Australia 1.90 Sep/16
Belarus 6.79 Sep/16
Belgium 2.20 Jun/16
Cyprus -0.50 Jun/16
Czech Republic 4.00 Sep/16
Estonia 7.50 Jun/16
Euro Area 0.90 Jun/16
European Union 1.30 Jun/16
France 0.30 Jun/16
Germany 2.30 Jun/16
Hungary 6.70 Sep/16
Iceland 8.50 Oct/16
Italy 0.60 Oct/16
Japan 0.20 Sep/16
Macedonia 2.70 Mar/16
Netherlands 1.97 Oct/16
Norway 7.44 Jun/16
Poland 3.60 Oct/16
Portugal 2.30 Aug/16
Russia 102.00 Oct/16
Slovakia 3.40 Jun/16
Slovenia 2.08 Sep/16
Switzerland 0.50 Jun/16
Ukraine 23.37 Sep/16
United Kingdom 2.30 Sep/16
United States 4.32 Oct/16