Wages in Russia increased to 128665 RUB/Month in December from 86399 RUB/Month in November of 2024. This dataset provides the latest reported value for - Russia Average Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average nominal salary in Russia was measured at 87,952 Russian rubles per month in 2024, marking an increase of roughly 13,100 Russian rubles compared to the previous year. After the currency redenomination and the financial default in 1998, the average wage levels in the country have grown exponentially. Who gets paid more in Russia? The Russian oil and gas industry paid the highest average wage to their employees, at 152,000 Russian rubles between January and September 2021. Salaries in management and management consulting were the second-highest, followed by air transportation and software development. On average, men earned more than women across all industries in the country. For example, in the information and communications sector, the average wage of a male worker amounted to nearly 121,000 Russian rubles, compared to under 85,000 Russian rubles for a female worker. Economic inequality in Russia The national income distribution of Russian households shows a high concentration of income and wealth in the hands of few individuals. In 2021, the mean income of the top one percent exceeded 483,000 euros before income tax, compared to 7,700 euros earned by the bottom 50 percent of the population. Furthermore, the richest one percent in Russia held an average wealth of over 2.5 billion euros, whereas the personal wealth of the bottom 50 percent was measured at 3,300 euros in the same year. However, the income gap was forecast to decrease in Russia, with the Gini index expected to decline to 0.35 by 2029.

Key information about Russia Monthly Earnings

• Russia Monthly Earnings stood at 1,256 USD in Dec 2024, compared with the previous figure of 861 USD in Nov 2024
• Russia Monthly Earnings data is updated monthly, available from Jun 1992 to Dec 2024, with an average number of 542 USD
• The data reached the an all-time high of 1,354 USD in Dec 2022 and a record low of 25 USD in Nov 1992

• In the latest reports, Russia Population reached 146 million people in Dec 2024
• Unemployment Rate of Russia remained the same at 2 % in Jul 2024
• The country's Labour Force Participation Rate increased to 68 % in Feb 2024

There was not a single industry where women earned more than men on average in Russia in 2021. For example, in the mineral resources extraction sector, the average wage of men was nearly 96.8 thousand Russian rubles per month, compared to 75.2 thousand Russian rubles of women. The lowest difference between male and female average monthly wages was recorded in the education sector, at 774 Russian rubles. In the information and communication industry, men earned roughly 35.8 thousand Russian rubles per month more than women.

People belonging to the 10 percent of employees with the highest salary in Russia earned 238,278 Russian rubles per month on average in April 2023. That was more than twice as much as the wage of the second-leading group by salary level and 13 times as much as that of the group with the lowest salary.

Russians aged 30 to 34 years had the highest average monthly salary among adults in Russia, which exceeded 66 thousand Russian rubles in 2021. To compare, 18-to-19-year-olds earned the least, at approximately 38 thousand Russian rubles per month.

Average Monthly Nominal Wages: CF: City of Moscow data was reported at 162,124.100 RUB in 2024. This records an increase from the previous number of 138,881.800 RUB for 2023. Average Monthly Nominal Wages: CF: City of Moscow data is updated yearly, averaging 30,552.100 RUB from Dec 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 162,124.100 RUB in 2024 and a record low of 5.900 RUB in 1992. Average Monthly Nominal Wages: CF: City of Moscow data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC008: Average Monthly Wages: by Region.

Average Monthly Nominal Wages: SB: Novosibirsk Region data was reported at 75,052.400 RUB in 2024. This records an increase from the previous number of 64,188.700 RUB for 2023. Average Monthly Nominal Wages: SB: Novosibirsk Region data is updated yearly, averaging 15,713.600 RUB from Dec 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 75,052.400 RUB in 2024 and a record low of 5.000 RUB in 1992. Average Monthly Nominal Wages: SB: Novosibirsk Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC008: Average Monthly Wages: by Region.

Average Monthly Nominal Wages: NC: Republic of Dagestan data was reported at 44,243.500 RUB in 2024. This records an increase from the previous number of 39,053.500 RUB for 2023. Average Monthly Nominal Wages: NC: Republic of Dagestan data is updated yearly, averaging 7,595.100 RUB from Dec 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 44,243.500 RUB in 2024 and a record low of 2.600 RUB in 1992. Average Monthly Nominal Wages: NC: Republic of Dagestan data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC008: Average Monthly Wages: by Region.

Men in Russia were paid an average salary of approximately 87,800 Russian rubles per month in 2023. That was around 26,600 Russian rubles more than the female wage. From 2005 onwards, men's monthly wages grew at a higher rate than those of women.

Wages in Russia increased 11.30 percent in December of 2024 over the same month in the previous year. This dataset provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Explore the progression of average salaries for graduates in Practical Russian from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Practical Russian relative to other fields. This data is essential for students assessing the return on investment of their education in Practical Russian, providing a clear picture of financial prospects post-graduation.

Average Monthly Nominal Wages: SF: Republic of Crimea data was reported at 54,435.600 RUB in 2024. This records an increase from the previous number of 47,325.100 RUB for 2023. Average Monthly Nominal Wages: SF: Republic of Crimea data is updated yearly, averaging 33,464.350 RUB from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 54,435.600 RUB in 2024 and a record low of 22,440.300 RUB in 2015. Average Monthly Nominal Wages: SF: Republic of Crimea data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC008: Average Monthly Wages: by Region.

Labour Market: FE: Yakutsk City: Average Monthly Wages data was reported at 77,130.300 RUB in 2019. This records an increase from the previous number of 73,023.800 RUB for 2018. Labour Market: FE: Yakutsk City: Average Monthly Wages data is updated yearly, averaging 15,478.000 RUB from Dec 1992 (Median) to 2019, with 28 observations. The data reached an all-time high of 77,130.300 RUB in 2019 and a record low of 14.000 RUB in 1992. Labour Market: FE: Yakutsk City: Average Monthly Wages data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GB052: Labour Market Statistics: by City: Far East Federal District.

Russia Median Monthly Wage data was reported at 74,462.000 RUB in Dec 2024. This records an increase from the previous number of 61,754.000 RUB for Nov 2024. Russia Median Monthly Wage data is updated monthly, averaging 37,482.000 RUB from Jan 2017 (Median) to Dec 2024, with 96 observations. The data reached an all-time high of 74,462.000 RUB in Dec 2024 and a record low of 23,142.000 RUB in Feb 2017. Russia Median Monthly Wage data remains active status in CEIC and is reported by Sberbank. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC021: Median Monthly Wages. Median monthly wage values, RUB, non-seasonally adjusted.

The average per capita income in Russia reached approximately 53.1 thousand Russian rubles in 2023. The figure increased by 12 percent from the previous year. The Central Federal District had highest mean income per capita in the country.

Average Monthly Nominal Wages: CF: Ivanovo Region data was reported at 49,479.300 RUB in 2024. This records an increase from the previous number of 41,928.800 RUB for 2023. Average Monthly Nominal Wages: CF: Ivanovo Region data is updated yearly, averaging 10,208.800 RUB from Dec 1992 (Median) to 2024, with 33 observations. The data reached an all-time high of 49,479.300 RUB in 2024 and a record low of 4.400 RUB in 1992. Average Monthly Nominal Wages: CF: Ivanovo Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GC008: Average Monthly Wages: by Region.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Russia, New York, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 15,952, while the mean income for the highest quintile (20% of households with the highest income) is 237,757. This indicates that the top earners earn 15 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 393,864, which is 165.66% higher compared to the highest quintile, and 2469.06% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Russia town median household income. You can refer the same here

Labour Market: NW: Republic of Komi: Syktyvkar: Average Monthly Wages data was reported at 51,988.700 RUB in 2019. This records an increase from the previous number of 49,089.800 RUB for 2018. Labour Market: NW: Republic of Komi: Syktyvkar: Average Monthly Wages data is updated yearly, averaging 12,471.500 RUB from Dec 1992 (Median) to 2019, with 28 observations. The data reached an all-time high of 51,988.700 RUB in 2019 and a record low of 8.300 RUB in 1992. Labour Market: NW: Republic of Komi: Syktyvkar: Average Monthly Wages data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Demographic and Labour Market – Table RU.GB046: Labour Market Statistics: by City: North Western Federal District.

About this dataset

Context

The dataset illustrates the median household income in Russia town, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Russia town increased by $17,656 (25.21%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 8 years and declined for 5 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Russia town median household income. You can refer the same here