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

Real wages in Russia increased 1.5 percent year-on-year in March of 2017, following 1 percent rise in February and below market expectations of 2 percent. Nominal wages went up 5.8 percent to RUB 37,640 (5.6 percent in February) and real disposable income fell 2.5 percent (-3.8 percent in February). 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)
2017-02-22 11:00 AM Jan 3.1% 2.8% 2.1% 2%
2017-03-21 03:30 PM Feb 1.3% 3.1% 2.8% 2.3%
2017-04-18 01:10 PM Mar 1.5% 1% 2% 1.8%
2017-05-22 01:00 PM Apr 1.5%
2017-06-20 01:00 PM May
2017-07-19 01:00 PM Jun




Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.60 14.10 4.80 percent [+]
Employed Persons 71.80 71.30 74.10 60.40 Million [+]
Unemployed Persons 4.10 4.20 10.40 3.60 Million [+]
Employment Rate 65.10 64.70 66.60 64.20 percent [+]
Labor Force Participation Rate 68.90 68.50 70.30 64.20 percent [+]
Productivity 0.90 1.80 7.50 -4.10 percent [+]
Job Offers 1248266.00 1208136.00 2197833.00 1000000.00 Persons [+]
Wages 37640.00 35845.00 47554.00 1.00 RUB/Month [+]
Wage Growth 101.50 101.00 127.20 58.60 Index Points [+]
Wages in Manufacturing 35603.00 35675.00 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 32990.40 RUB/Month [+]
Living Wage Individual 35518.60 34458.70 37431.50 32176.90 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
101.50 101.00 127.20 58.60 1998 - 2017 Index Points Monthly
CPPY=100, NSA



Last
Australia 1.90 Dec/16
Belarus 8.62 Mar/17
Belgium 2.10 Sep/16
Cyprus 0.40 Dec/16
Czech Republic 2.80 Dec/16
Estonia 7.00 Dec/16
Euro Area 1.60 Dec/16
European Union 1.70 Dec/16
France 0.20 Dec/16
Germany 1.10 Dec/16
Hungary 10.70 Feb/17
Iceland 7.50 Nov/16
Italy 0.40 Mar/17
Japan 0.40 Feb/17
Macedonia 1.90 Sep/16
Netherlands 1.39 Mar/17
Norway 6.00 Dec/16
Poland 5.20 Mar/17
Portugal 1.50 Feb/17
Russia 101.50 Mar/17
Slovakia 3.70 Dec/16
Slovenia 0.45 Feb/17
Switzerland 0.60 Sep/16
Ukraine 37.24 Mar/17
United Kingdom 2.30 Feb/17
United States 4.47 Jan/17