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

CEIC converts Monthly Earnings into USD. Federal State Statistics Service provides Average Nominal Wages in local currency. The Bank of Russia average market exchange rate is used for currency conversions.


Further information about Russia Monthly Earnings

• 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

The average nominal salary in Russia was measured at ****** Russian rubles per month in 2024, marking an increase of roughly ****** 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 ******* 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 ******* Russian rubles, compared to under ****** 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 ******* euros before income tax, compared to ***** euros earned by the bottom 50 percent of the population. Furthermore, the richest one percent in Russia held an average wealth of over *** billion euros, whereas the personal wealth of the bottom 50 percent was measured at ***** euros in the same year. However, the income gap was forecast to decrease in Russia, with the Gini index expected to decline to **** by 2029.

Key information about Russia Household Income per Capita

• Russia Annual Household Income per Capita reached 8,179.123 USD in Dec 2024, compared with the previous value of 7,549.747 USD in Dec 2023.
• Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2024, with an averaged value of 5,882.623 USD.
• The data reached an all-time high of 9,660.697 USD in Dec 2013 and a record low of 183.584 USD in Dec 1992.
• In the latest reports, Retail Sales of Russia grew 5.200 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Federal State Statistics Service provides Average Household Income per Capita in local currency. The Bank of Russia average market exchange rate is used for currency conversions.

The monthly minimum wage in Russia as of January 1, 2025, amounted to ****** Russian rubles, or approximately *** U.S. dollars using the exchange rate as of February 28, 2025. In the capital Moscow, it was set at ****** Russian rubles, or around *** U.S. dollars. In the country's second-largest city, Saint Petersburg, it was lower, at ****** Russian rubles. Since 2021, the minimum wage in Russia has been calculated as 42 percent of the median wage. Between 2018 and 2020, it equaled to the minimum cost of living that was set in the country. The poor and the rich in Russia Around ** million residents lived under the poverty line in Russia. Those earning the highest 20 percent of income accounted for approximately ** percent of the total composite monetary income in 2023, while the group with the lowest income had a ***-percent share. Regional disparities The economic disparity was also observed across Russian federal subjects. The median monthly wage ranged from ****** Russian rubles in the Kabardino-Balkaria Republic to ****** Russian rubles in the Chukotka Autonomous Okrug between September 2018 and August 2019. Minimum wage thresholds can be regulated by regional authorities, as long as they are not lower than the federal minimum wage.

The monthly minimum wage in Russia was set at 22,440 Russian rubles, or around 287 U.S. dollars (based on the exchange rate on July 8, 2025), as of January 1, 2025. Thus, the minimum salary increased by 16.6 percent compared to the previous year.

Wages in Russia increased 4.60 percent in April of 2025 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.

Russia Gross National Income per Capita: PPP data was reported at 43,512.692 USD in 2023. This records an increase from the previous number of 40,132.801 USD for 2022. Russia Gross National Income per Capita: PPP data is updated yearly, averaging 25,111.878 USD from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 43,512.692 USD in 2023 and a record low of 22,118.976 USD in 2011. Russia Gross National Income per Capita: PPP data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s National Accounts – Table RU.AA036: GDP: Purchasing Power Parity: Current Price.

The Gross Domestic Product per capita in Russia was last recorded at 11043.26 US dollars in 2024. The GDP per Capita in Russia is equivalent to 87 percent of the world's average. This dataset provides the latest reported value for - Russia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The bottom 50 percent in Russia earned an average of 7.7 thousand euros at purchasing power parity (PPP) before income tax in 2021. To compare, the mean income of the top 10 percent stood at 104.6 thousand euros in the same year. Looking at the percentage distribution of national wealth in the country, the poorest half held only three percent of the total in 2021.

Russia GDP per capita for 2023 was $13,817, a 10.54% decline from 2022.

<ul style='margin-top:20px;'>

<li>Russia GDP per capita for 2022 was <strong>$15,445</strong>, a <strong>23.35% increase</strong> from 2021.</li>
<li>Russia GDP per capita for 2021 was <strong>$12,522</strong>, a <strong>23.87% increase</strong> from 2020.</li>
<li>Russia GDP per capita for 2020 was <strong>$10,108</strong>, a <strong>11.7% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

In 2023, the growth rate of the average salary of a software developer in Russia reached over ** percent in Russian ruble terms. In U.S. dollar terms, the salary declined by more than ***** percent from the previous year.

In 2023, over one quarter of the Russian population had an average monthly money income between ** thousand and ** thousand Russian rubles. The share of Russians with a monthly income below ***** thousand Russian rubles decreased compared to the previous year. The portion of those earning over 100 thousand Russian rubles, or around *** thousand U.S. dollars, per month reached around ****** percent in 2023.

The Russian population allocated nearly 91 percent of its disposable income for consumer expenditures in 2023. Savings in cash on hand in Russian ruble and foreign currency accounted for over twelve percent of the total. The disposable income refers to the money that a household possessed after tax deductions. Within the total population income, an approximately 13 percent share was occupied by compulsory payments and contributions. How high is the disposable income in Russia? The annual disposable income per capita in Russia neared 21 thousand U.S. dollars in 2019. In 2020, negatively impacted by the coronavirus (COVID-19) pandemic, the indicator recorded a decline by two percent. However, by 2021, the real disposable income recuperated again, demonstrating a growth of over three percent. How much do Russians earn? The average monthly nominal wage in Russia was over 57.2 thousand Russian rubles in 2021, marking a continuous increase over the past two decades. The minimum wage was in the country was approximately four times lower, at 16.2 thousand Russian rubles as of January 1, 2023. Among the highest-paid industries were industrial production, construction and real estate, and IT and the internet.

The average monthly income per capita in the Siberian Federal District of Russia reached nearly 42.8 thousand Russian rubles in 2023, marking an increase compared to the previous year. A significant increase in income in the region by over two thousand Russian rubles per month was recorded between 2014 and 2015. Mining industry – the major source of income Rich in mineral resources, the Siberian Federal District heavily depends on the mining industry. In 2020, it accounted for over 76 percent of total production of coal in Russia. The Krasnoyarsk Krai and the Irkutsk Oblast were the leading gold-producing regions of the country. Furthermore, Gazprom owned around 1.8 billion cubic meters of natural gas reserves in the region. Socio-economic situation in Siberian Russia The gross regional product (GRP) per capita of the Siberian Federal District of Russia exceeded 666 thousand Russian rubles in 2021. Siberian Russia had the second-lowest income per capita among the country’s eight federal districts. Relatively low income levels and the lack of transport infrastructure discouraged the population from staying in the region.

In 2019, the gross adjusted disposable income per capita of households and non-profit institutions serving households (NPISHs) in Russia increased by 1,511.1 US dollars per person, PPP converted (+7.82 percent) since 2018. With 20,831.2 US dollars per person, PPP converted, the disposable income thereby reached its highest value in the observed period. Find more statistics on other topics about Russia with key insights such as savings rate as a share of household disposable income and savings rate as a share of household disposable income.

Russia RU: Adjusted Net National Income per Capita: USD: 2015 Price data was reported at 7,318.721 USD in 2021. This records a decrease from the previous number of 7,483.194 USD for 2020. Russia RU: Adjusted Net National Income per Capita: USD: 2015 Price data is updated yearly, averaging 6,399.373 USD from Dec 1992 (Median) to 2021, with 30 observations. The data reached an all-time high of 8,143.644 USD in 2012 and a record low of 2,176.909 USD in 1995. Russia RU: Adjusted Net National Income per Capita: USD: 2015 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Over ** million Russians aged 20 years and above, or approximately ** percent of the total adult population of the country, had wealth under 10,000 U.S. dollars in 2022. To compare, on average around the globe, the share of residents belonging to this wealth range was measured at **** percent in the same year. Economic inequality in Russia The latest available data by the World Bank recorded Russia’s Gini index, used as a measurement of income or wealth inequality, at **. The organization classified Russia as an upper-middle-income economy. Over ** percent of Russians considered themselves belonging to the middle class in 2020. HNWIs in Russia Approximately *** percent of Russian adults, or ******* residents, owned over *********** U.S. dollars, or were referred to as high-net-worth individuals (HNWIs). In 2021, the total wealth of the adult population in the country reached nearly *** trillion U.S. dollars. A significant portion of it belonged to roughly ***** ultra-high-net-worth individuals (UHNWIs) whose net worth exceeded ** billion U.S. dollars.

In the Chukotka Autonomous Okrug in Russia, almost half of the employed population received a monthly salary above 100 thousand Russian rubles (around 1.5 thousand U.S. dollars) between September 2021 and August 2022. That was the largest share among other regions. In the capital Moscow, the share of workers earning over 100 thousand Russian rubles per month was 32.6 percent.

As of 2024, surgeons ranked first in the list of highest-paying professions in Russia with an average monthly salary of 386,000 Russian rubles. Judges ranked second, earning 324,000 Russian rubles on average per month.

In 2021, the population with high and ultra-high net worth in Russia increased relative to the previous year, measuring at approximately ***** thousand and *** thousand individuals, respectively, For 2026, the estimates forecast a further increase.

Average income in Russia

The average per capita monthly income in Russia has been gradually increasing, estimated at nearly **** thousand Russian rubles in 2021. The largest share, or over one quarter of the employed population, earned between ** thousand and ** thousand Russian rubles per month in 2021.

Russia’s super rich

Less than six percent of Russians had a monthly income of over 100 thousand Russian rubles in 2021. Among them were members of the Bakalchuk family, the richest in the country by total compound assets. The total wealth of its members, who managed the e-commerce company Wildberries, was estimated at **** billion U.S. dollars as of July 2021. To compare, the total declared income of the President of Russia Vladimir Putin was reported at about ** million Russian rubles in 2020.