Average hourly labour cost per employee - Discontinued in Russia
Russia: Average hourly labour cost per employee - Discontinued was 340 in 2021. ◆ Volatile
Average hourly labour cost per employee - Discontinued in Russia, 2009–2021
Source: International Labour Organization.
Analysis
The most recent figure for average hourly labour cost per employee - discontinued in Russia is 340, measured in 2021. That is the lowest value across all 5 years on record.
That represents a change of down 5.0% on the previous year and down 98.8% over ten years.
Over the whole period, average hourly labour cost per employee - discontinued in Russia peaked at 45,870 in 2013 and was at its lowest, 340, in 2021.
That places Russia 15th out of 50 countries with data for 2021, putting it in the middle of the range.
Average hourly labour cost per employee - Discontinued in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 28,590 | — |
| 2013 | 45,870 | +60.4% |
| 2017 | 417.1 | -99.1% |
| 2019 | 357.8 | -14.2% |
| 2021 | 340 | -5.0% |
Russia compared with similar countries
- Russia's 340 is above the median for Europe & Central Asia, which is 45.65, 7.4× the median. (38 countries reporting)
- Russia's 340 is above the median for high income countries, which is 44.84, 7.6× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28,590 | 28,590 | 28,590 | 1 |
| 2010s | 15,548 | 357.8 | 45,870 | 3 |
| 2020s | 340 | 340 | 340 | 1 |
Countries ranked near Russia
More work & labour data for Russia
- Persons outside the labour force (ILO modelled estimates) 48,131 (2027)
- Labour force participation rate (ILO modelled estimates) 59.78 (2027)
- Labour force (ILO modelled estimates) 71,526 (2027)
- Unemployment rate (ILO modelled estimates) 1.83 (2027)
- Labour dependency ratio 1.04 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 89,043 (2027)
- Output per worker, GDP constant 2015 US $ 23,578 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.68 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.81 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.8326 % change on previous year (2027)
Frequently asked questions
- What is average hourly labour cost per employee - discontinued in Russia?
- Average hourly labour cost per employee - discontinued in Russia was 340 in 2021, according to International Labour Organization.
- What is the highest average hourly labour cost per employee - discontinued recorded in Russia?
- The highest recorded value was 45,870 in 2013.
- What is the lowest average hourly labour cost per employee - discontinued recorded in Russia?
- The lowest recorded value was 340 in 2021.
- How does Russia rank for average hourly labour cost per employee - discontinued?
- Russia ranks 15th out of 50 countries with data for 2021.
- Is average hourly labour cost per employee - discontinued rising or falling in Russia?
- Over the last ten years it is down 98.8%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from International Labour Organization, published as part of Average hourly labour cost per employee - Discontinued. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.