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 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.

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.

Russia Average Monthly Wages: OKVED: Annual: US Dollar data was reported at 671.000 USD in 2017. This records an increase from the previous number of 549.000 USD for 2016. Russia Average Monthly Wages: OKVED: Annual: US Dollar data is updated yearly, averaging 268.500 USD from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 936.000 USD in 2013 and a record low of 22.000 USD in 1992. Russia Average Monthly Wages: OKVED: Annual: US Dollar 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.GC004: Average Monthly Wages: by Activity.

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 Average Monthly Wages: Quarterly: from Year Beginning: US Dollar data was reported at 694.700 USD in Dec 2018. This records an increase from the previous number of 690.700 USD for Sep 2018. Russia Average Monthly Wages: Quarterly: from Year Beginning: US Dollar data is updated quarterly, averaging 569.050 USD from Mar 2002 (Median) to Dec 2018, with 68 observations. The data reached an all-time high of 936.300 USD in Dec 2013 and a record low of 124.600 USD in Mar 2002. Russia Average Monthly Wages: Quarterly: from Year Beginning: US Dollar 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.GC004: Average Monthly Wages: by Activity.

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 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.

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.

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.

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.

Key information about Ukraine Household Income per Capita

• Ukraine Annual Household Income per Capita reached 2,470.046 USD in Dec 2021, compared with the previous value of 2,145.028 USD in Dec 2020.
• Ukraine Annual Household Income per Capita data is updated yearly, available from Dec 1999 to Dec 2021, with an averaged value of 1,693.557 USD.
• The data reached an all-time high of 2,601.404 USD in Dec 2013 and a record low of 337.981 USD in Dec 2000.
• In the latest reports, Retail Sales of Ukraine grew 67.113 % YoY in Mar 2023.

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

In 2021, by far the highest annual compensation among top management personnel in Russia was recorded in the gas and oil industry, at around three million U.S. dollars. General managers in the heavy industrial sector earned 2.24 million U.S. dollars per year on average.

This graph shows average wages around the world in 2012 as calculated by purchasing power parity. In 2012 the highest average wage was earned in Luxembourg at 4,089 purchasing power parity dollars. Wages and salaries Wages and salaries in the United States have increased during the last decades. The median weekly earnings of a full-time wage and salary worker were about 241 U.S. dollars in 1979 and shifted up to 768 U.S. dollars in 2012.

The median earnings of U.S. full-time wage and salary workers vary across their educational attainment. The highest paid workers are those who hold a bachelor’s degree, according to the U.S. Bureau of Labor Statistics.

The U.S. federal government specified minimum wage laws for workers in the United States, which say that workers must be paid no less than the current federal minimum wage. The minimum wage was set at 7.25 U.S. dollars per hour by federal law. The actual minimum wage varies from state to state, as some states have additional minimum wage laws.

For instance, the minimum wage in Washington was around 9.04 U.S. dollars per hour, while the worst minimum wage can be found in Georgia, where workers earn at least 5.15 U.S. dollars per hour. No minimum wages can be found in Tennessee, Alabama, Louisiana, South Carolina and Mississippi, as of January 1, 2012.

The number of workers paid hourly rates with earnings at or below the minimum wage in the U.S. was at its highest in the industry type of leisure and hospitality in 2013.

Recent statistics show that the share of female workers paid hourly rates at or below prevailing federal minimum wage in the United States decreased since 1979. In that year, 20.2 percent of the female wage and salary workers were paid below the federal minimum wage, while only 2.9 percent of the female workers were paid below the federal minimum wage in 2006.

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.

Among presented CIS countries, Ukraine had the highest median salary in game development, measured at 1.7 thousand U.S. dollars per month in 2021. To compare, game developers working in Russia earned 300 U.S. dollars less.