Average nominal wage per month in Russia 1995-2023

The average nominal salary in Russia was measured at 73,709 Russian rubles per month in 2023, marking an increase of 8,371 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 152,000 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 121,000 Russian rubles, compared to under 85,000 Russian rubles of a female worker.

Economic inequality in Russia

The structure of 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 483,000 euros before income tax, compared to 7,700 euros earned by the bottom 50 percent of the population. Furthermore, the richest one percent in Russia held an average wealth of over 2.5 billion euros, whereas the personal wealth of the bottom 50 percent was measured at 3,300 euros in the same year. However, the income gap was forecast to decrease in Russia, with the Gini index expected to decline to 0.35 by 2029.