Minimum Wages in Russia increased to 22440 RUB/Month in 2025 from 19242 RUB/Month in 2024. This dataset provides - Russia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Wages in Russia increased to 97645 RUB/Month in March from 89646 RUB/Month in February of 2025. 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.

Russia Unit Labour Costs: Employment Based: Annual Growth: Total data was reported at 1.800 % in 2019. This records a decrease from the previous number of 2.930 % for 2018. Russia Unit Labour Costs: Employment Based: Annual Growth: Total data is updated yearly, averaging 3.265 % from Dec 2016 (Median) to 2019, with 4 observations. The data reached an all-time high of 4.140 % in 2016 and a record low of 1.800 % in 2019. Russia Unit Labour Costs: Employment Based: Annual Growth: Total data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Russian Federation – Table RU.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

Russia Unit Labour Costs: Employment Based: Index: Total data was reported at 113.040 2015=100 in 2019. This records an increase from the previous number of 111.040 2015=100 for 2018. Russia Unit Labour Costs: Employment Based: Index: Total data is updated yearly, averaging 107.880 2015=100 from Dec 2015 (Median) to 2019, with 5 observations. The data reached an all-time high of 113.040 2015=100 in 2019 and a record low of 100.000 2015=100 in 2015. Russia Unit Labour Costs: Employment Based: Index: Total data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Russian Federation – Table RU.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

The monthly minimum wage in Russia was set at 19,242 Russian rubles, or around 210 U.S. dollars (based on the exchange rate on March 14, 2024), as of January 1, 2024. Thus, the minimum salary increased by around 18 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.

The labor participation rate among the total population aged between 15 and 64 in Russia saw no significant changes in 2024 in comparison to the previous year 2023 and remained at around 75.5 percent. In comparison to 2023, the labor participation rate decreased not significantly by 0.2 percentage points (-0.26 percent). The labor force participation rate is the share of people aged 15 and over who are economically active (i.e. employed or actively searching for work). It is calculated by dividing the economically active population aged 15 and over by the total population aged 15 and over.Find more statistics on other topics about Russia with key insights such as youth unemployment rate.

Graph and download economic data for Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Russia (RUSLREM24TTSTM) from Aug 2009 to Dec 2021 about 15 to 24 years, Russia, labor force, and labor.

Approximately 55 percent of Russian women and 70 percent of men aged 15 years and above were economically active in 2022. Both female and male labor force participation rates saw a slight decrease from the previous year. Over the period under consideration, the share of women that were part of the labor force peaked at nearly 56.4 percent in 2011.

Employment Rate in Russia increased to 61.30 percent in April from 61.20 percent in March of 2025. This dataset provides - Russia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Cost: Average per Month: Labour Force: Annual data was reported at 15,669.000 RUB in 2023. This records an increase from the previous number of 13,793.000 RUB for 2022. Living Cost: Average per Month: Labour Force: Annual data is updated yearly, averaging 13,793.000 RUB from Dec 2021 (Median) to 2023, with 3 observations. The data reached an all-time high of 15,669.000 RUB in 2023 and a record low of 12,702.000 RUB in 2021. Living Cost: Average per Month: Labour Force: Annual 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.HF002: Living Cost: Labour Force.

Russia labor force participation rate for 2024 was 28.32%, a 0.4% decline from 2023.

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

<li>Russia labor force participation rate for 2023 was <strong>28.72%</strong>, a <strong>0.43% decline</strong> from 2022.</li>
<li>Russia labor force participation rate for 2022 was <strong>29.16%</strong>, a <strong>2.4% decline</strong> from 2021.</li>
<li>Russia labor force participation rate for 2021 was <strong>31.56%</strong>, a <strong>0.53% decline</strong> from 2020.</li>
</ul>Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.

Graph and download economic data for Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Russia (LRUNTTFERUM156N) from Aug 2009 to Dec 2021 about 15 years +, Russia, females, unemployment, and rate.

Graph and download economic data for Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Russia (RUSLREM55TTSTQ) from Q1 1999 to Q4 2021 about 55 to 64 years, Russia, labor force, and labor.

Graph and download economic data for Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Russia (LRUN74TTRUA156S) from 1993 to 2021 about 15 to 74 years, Russia, unemployment, and rate.

In November 2024, the unemployment rate in Russia exceeded two percent, having stayed on the same level as in the previous month. By comparison, 3.7 percent of the workforce aged 15 years and older nationwide were unemployed in the corresponding period two years prior. In 2022, the annual unemployment rate in Russia was measured at approximately 3.2 percent. Causes of unemployment in Russia The country’s labor market situation deteriorated in the summer of 2020 due to the coronavirus (COVID-19) pandemic. The number of jobs contributed by the travel and tourism industry decreased from 3.3 million to 3 million between 2019 and 2022, though the figures started to recuperate again in 2023. Furthermore, Russia has witnessed an exodus of companies due to the invasion of Ukraine in 2022. Leading international companies like McDonald’s, Renault Group, and PepsiCo suspended their operations in the country, thus putting thousands of employees in Russia at risk of unemployment. Russia’s unemployment in global perspective Russia’s unemployment rate is lower than in most other G20 countries. This is largely due to a low fertility rate in the 1990s which has resulted in a demographic dip and left the country with fewer young workers actively seeking employment. Moreover, Russia’s weak social protection, as expressed by unemployment benefits lower than in most European countries, encourages people to find a new job rapidly. An estimated 30 million Russians were not officially registered as unemployed by working in the shadow economy as of 2021.

Over 60 percent of the Russian population aged 15 years and above were employed in 2023, marking a slight increase from the previous year. The lowest employment rate was recorded in 2020, at slightly above 58 percent.

Labor Force Participation Rate in Russia increased to 62.70 percent in April from 62.60 percent in March of 2025. This dataset provides - Russia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Russia Labour Force Participation Rate

• Russia Labour Force Participation Rate increased to 68.4 % in Feb 2024, compared with 68.3 % in the previous month.
• Russia Labour Force Participation Rate is updated monthly, available from Aug 2009 to Feb 2024, with an average rate of 68.4 % .
• The data reached the an all-time high of 70.3 % in Aug 2016 and a record low of 66.8 % in Feb 2010.
• Russia Labour Force Participation Rate is reported by reported by Federal State Statistics Service.
• In the latest reports, Russia Population reached 146.2 million people in Dec 2023.
• Unemployment Rate of Russia remained the same at 2.8 % in Feb 2024.
• The country's Monthly Earnings stood at 843.2 USD in Jan 2024.