Monthly minimum wage (Local currency), annual growth rate in Russia
Russia: Monthly minimum wage (Local currency), annual growth rate was 15.62 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Russia, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Russia recorded 15.62 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024.
That represents a change of up 75.1% on the previous year and up 133.0% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Russia peaked at 240.91 % change on previous year in 2001 and was at its lowest, 0 % change on previous year, in 1998.
That places Russia 30th out of 168 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Russia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 24.59 % change on previous year | — |
| 1997 | 10.53 % change on previous year | -57.2% |
| 1998 | 0 % change on previous year | -100.0% |
| 1999 | 0 % change on previous year | — |
| 2000 | 57.14 % change on previous year | — |
| 2001 | 240.91 % change on previous year | +321.6% |
| 2002 | 0 % change on previous year | -100.0% |
| 2003 | 33.33 % change on previous year | — |
| 2004 | 20 % change on previous year | -40.0% |
| 2005 | 11.11 % change on previous year | -44.4% |
| 2006 | 37.5 % change on previous year | +237.5% |
| 2007 | 109.09 % change on previous year | +190.9% |
| 2008 | 0 % change on previous year | -100.0% |
| 2009 | 88.26 % change on previous year | — |
| 2010 | 0 % change on previous year | -100.0% |
| 2011 | 6.49 % change on previous year | — |
| 2012 | 0 % change on previous year | -100.0% |
| 2013 | 12.88 % change on previous year | — |
| 2014 | 6.71 % change on previous year | -48.0% |
| 2015 | 7.4 % change on previous year | +10.4% |
| 2016 | 25.73 % change on previous year | +247.7% |
| 2017 | 4 % change on previous year | -84.5% |
| 2018 | 43.12 % change on previous year | +977.9% |
| 2019 | 1.05 % change on previous year | -97.6% |
| 2020 | 7.54 % change on previous year | +619.0% |
| 2021 | 5.46 % change on previous year | -27.6% |
| 2022 | 19.44 % change on previous year | +256.2% |
| 2023 | 8.92 % change on previous year | -54.1% |
| 2024 | 15.62 % change on previous year | +75.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.78 % change on previous year | 0 % change on previous year | 24.59 % change on previous year | 4 |
| 2000s | 59.73 % change on previous year | 0 % change on previous year | 240.91 % change on previous year | 10 |
| 2010s | 10.74 % change on previous year | 0 % change on previous year | 43.12 % change on previous year | 10 |
| 2020s | 11.4 % change on previous year | 5.46 % change on previous year | 19.44 % change on previous year | 5 |
Countries ranked near Russia
- 27 Trinidad and Tobago 17.12 % change on previous year compare
- 28 Slovenia 15.96 % change on previous year compare
- 29 Pakistan 15.62 % change on previous year compare
- 31 Cape Verde 15.38 % change on previous year compare
- 31 Jamaica 15.38 % change on previous year compare
- 33 Moldova 14.55 % change on previous year compare
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)
- 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)
- Legislation on sexual harassment in employment 0 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 0 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 61.1% (2025)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Russia?
- Monthly minimum wage (local currency), annual growth rate in Russia was 15.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Russia?
- The highest recorded value was 240.91 % change on previous year in 2001.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Russia?
- The lowest recorded value was 0 % change on previous year in 1998.
- How does Russia rank for monthly minimum wage (local currency), annual growth rate?
- Russia ranks 30th out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Russia?
- Over the last ten years it is up 133.0%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.