Russia: Labor cost

* indicates monthly or quarterly data series
The most recent value is 180.67 index points as of September 2024, an increase compared to the previous value of 176.15 index points. Historically, the average for Russia from January 2015 to September 2024 is 111.77 index points. The minimum of 66.27 index points was recorded in January 2015, while the maximum of 222.43 index points was reached in December 2023. Click on the following link to see the values of: Labor cost around the world.
Select indicator
* indicates monthly or quarterly data series

Download data from our database



Recent values Russia: Labor cost index
2024  Sep 180.67
2024  Aug 176.15
2024  Jul 182.15
2024  Jun 190.99
2024  May 185.08
2024  Apr 179.7
2024  Mar 187.98
2024  Feb 168.04


Download data from our database

Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.

 Related indicators Latest Reference Measure
 Labor force 72.46 2023 million people
 Unemployment rate 3.33 2023 percent
 Female unemployment 3.34 2023 percent
 Male unemployment 3.31 2023 percent
 Youth unemployment 12.70 2023 percent
 Labor force participation 61.08 2023 percent
 Labor force: percent female 48.67 2023 percent
 Female labor force participation 54.45 2023 percent
 Male labor force participation 69.05 2023 percent
 Self-employment 6.61 2022 percent
 Employment 74.48 9/2024 million employed people
 Unemployment rate 2.39 9/2024 percent
 Labor cost 180.67 9/2024 index points
This site uses cookies.
Learn more here


OK