Aleksandar Djokic (Александар Джокич)(@polidemitolog):Russia's average monthly wage, adjusted for purchasing power parity, surpassed those in Greece, Slovakia and Hungary in 2025, Bloomberg reported. Wage growth has significantly outpaced productivity since the start of the war, driven by military spending that has drawn labor and capital into the defense sector. The trend resembles a wartime version of "Dutch disease," with rising labor costs eroding the competitiveness and profitability of civilian industries.

Aleksandar Djokic (Александар Джокич)

@polidemitolog

Political analyst. Former assistant professor at RUDN Moscow. PhD in political science. Bylines in Euronews, Bloomberg, Novaya Gazeta and Radar. Views my own.

Joined December 2021

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Aleksandar Djokic (Александар Джокич)@polidemitolog

2026.08.07 15:07

Russia's average monthly wage, adjusted for purchasing power parity, surpassed those in Greece, Slovakia and Hungary in 2025, Bloomberg reported. Wage growth has significantly outpaced productivity since the start of the war, driven by military spending that has drawn labor and capital into the defense sector. The trend resembles a wartime version of "Dutch disease," with rising labor costs eroding the competitiveness and profitability of civilian industries.