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.

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.

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 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 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 pay gap has been decreasing in Russian job market in the period from 2009 to 2020. In 2009 the desired income per month was ** thousand Russian rubles while the average monthly income was approximately ** thousand Russian rubles. Situation stabilized in 2015, when the desired income amost matched the average monthly salary.

Wages in Russia increased 4.20 percent in May 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.

Household Income per Capita: Avg per Month: SF: Republic of Crimea data was reported at 26,371.000 RUB in 2021. This records an increase from the previous number of 23,033.000 RUB for 2020. Household Income per Capita: Avg per Month: SF: Republic of Crimea data is updated yearly, averaging 21,526.000 RUB from Dec 2015 (Median) to 2021, with 7 observations. The data reached an all-time high of 26,371.000 RUB in 2021 and a record low of 15,664.000 RUB in 2015. Household Income per Capita: Avg per Month: 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 Household Survey – Table RU.HA012: Household Income per Capita: by Region: Annual.

As of January 1, 2025, retirees in Russia received a gross pension of approximately ******** Russian rubles on average, or ****U.S. dollars per month at the exchange rate as of May 16, 2025. The reform of 2019 introduced a retirement age hike to gradually increase the retirement age to 60 years for women and 65 years for men until 2028. Pensions in Russia are guaranteed by the state, like in many European countries. Pension growth in Russia The amount of retirement benefits in Russia increased by roughly ******* Russian rubles, or *** percent, over the course of 2024. The pensions increased more significantly than prices in the country, as Russia's annual inflation rate stood at around *** percent in the same year. Pensioners in Russia Despite the increase in pension amounts, there has been a decrease in the number of individuals entitled to receive pensions until the start of 2024. As of January 1, 2025, the number of pensioners in Russia reached roughly **** million, more than a year prior. That corresponded to nearly *** pensioners per 1,000 population.

In 2024, **** million people in Russia lived below the poverty line, marking a considerable decrease compared to the previous year. The number of Russian residents that earned an income below the subsistence minimum was nearly ** million higher in 2000. What percentage of Russians live in poverty? Looking at annual figures, Russia’s poverty rate has declined since 2015, when it exceeded ** percent. Over ***** percent of the population of Russia lived below the national poverty line in 2024. Several other Central and Eastern European (CEE) countries, such as Bulgaria, Romania, and Latvia, reported higher poverty rates. Subsistence minimum in Russia Starting from January 1, 2025, the monthly per capita subsistence minimum in Russia stood at ****** Russian rubles for the working-age population and at ****** Russian rubles on average. That figure includes the cost of essential goods, such as food products, clothing, and medicines, and services, such as utilities and transportation expenses. The subsistence minimum was lower than the average wage in Russia, which was set at ****** Russian rubles from January 1, 2025.

A family receiving their first child in Russia would get 676,300 Russian rubles from the government within the maternity (family) capital program from February 2025. The maternity capital benefits ("материнский капитал" in Russian) saw an increase in recent years and were planned to be indexed every year. What is the maternity capital program in Russia? The maternity (family) capital program in Russia was launched in 2007 to tackle the decline in the country’s population. Back then, the program paid 250 thousand Russian rubles to mothers who gave birth to or adopted a second child. It remained stable at over 453 thousand Russian rubles from 2015 to 2019. In January 2020, Russian president Vladimir Putin suggested extending the maternity capital program in the country to include births of first children. Furthermore, the program’s financing was planned to increase in the following years. How much money do Russian families receive for a second child? For the second and each further child, if the family had already received the payment for the first one since the program's start in 2007, it would get over 217,400 Russian rubles in 2025. If the family received their second child and had never claimed maternity capital benefits before, it would be given around 894,000 Russian rubles. According to data from 2023, most live births by Russian women aged until 28 years were of first children. Mothers aged 29 to 38 years mostly gave birth to second children.

Turkey, Russia, Portugal, and Latvia were the countries with the highest house price-to-rent-ratio in the ranking in the second quarter of 2024. In all three countries, the ratio exceeded *** index points, meaning that house price growth had outpaced rents by over ** percent between 2015 and 2024. What does the house-price-to-rent ratio show? The house-price-to-rent-ratio measures the evolution of house prices compared to rents. It is generally calculated by dividing the median house price by the median annual rent. In this statistic, the values have been normalized with 100 equaling the 2015 ratio. Consequentially, a value under 100 means that rental rates have risen more than house prices. When all OECD countries are considered as a whole, the gap between house prices and rents was wider than in the Euro area. Measures of housing affordability The national house-price-to-rent ratio may not fully reflect the cost of housing in a particular country, as it does not capture the price variations that can exist between different regions. It also does not take into consideration the relationship between incomes and housing costs, which is measured by the house-price-to-income and household-rent-to-income ratios. Taking both these factors into account uncovers vast differences in housing affordability between different regions and different professions.