Wages in Manufacturing in Russia increased to 85084 RUB/Month in June from 83873 RUB/Month in May of 2024. Wages in Manufacturing in Russia averaged 33088.21 RUB/Month from 2005 until 2024, reaching an all time high of 89586.00 RUB/Month in December of 2023 and a record low of 7397.00 RUB/Month in January of 2005. source: Federal State Statistics Service

Wages in Manufacturing in Russia is expected to be 75450.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Average Monthly Nominal Wages in Manufacturing is projected to trend around 98294.00 RUB/Month in 2025 and 101734.00 RUB/Month in 2026, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 74.40 74.40 Million Jul 2024
Employment Rate 61.60 61.60 percent Jul 2024
Labor Force Participation Rate 63.10 62.90 percent Jun 2024
Minimum Wages 19242.00 16242.00 RUB/Month Jan 2024
Population 146.40 147.00 Million Dec 2023
Productivity -2.80 3.90 percent Dec 2022
Unemployed Persons 1.90 1.90 Million Jul 2024
Unemployment Rate 2.40 2.40 percent Jul 2024
Real Wage Growth YoY 6.20 8.80 percent Jun 2024
Wages 89145.00 86384.00 RUB/Month Jun 2024
Wages in Manufacturing 85084.00 83873.00 RUB/Month Jun 2024

Russia Average Monthly Nominal Wages in Manufacturing
Actual Previous Highest Lowest Dates Unit Frequency
85084.00 83873.00 89586.00 7397.00 2005 - 2024 RUB/Month Monthly
Current Prices, NSA