Minimum Annual Salaries Worldwide Compared Indeed, the note about international dollars is crucial as the same amount of money can have very different purchasing power in various countries worldwide, all converted into the equivalent of average prices in the USA. An average Russian earns around $10,097 annually, equivalent to the minimum wage in the USA, which is lower than the USA's $15,000. However, it falls short in comparison to over $30,000 in most European countries, $11,000 in Belarus, nearly $14,000 in Serbia, or a staggering $27,000 in Bosnia and Herzegovina. Despite falling behind in Europe, Russia outstrips a significant part of Asia, including China and post-Soviet countries in terms of minimum annual salaries.

Indeed, the note about international dollars is crucial as the same amount of money can have very different purchasing power in various countries worldwide, all converted into the equivalent of average prices in the USA.

An average Russian earns around $10,097 annually, equivalent to the minimum wage in the USA, which is lower than the USA's $15,000. However, it falls short in comparison to over $30,000 in most European countries, $11,000 in Belarus, nearly $14,000 in Serbia, or a staggering $27,000 in Bosnia and Herzegovina.

Despite falling behind in Europe, Russia outstrips a significant part of Asia, including China and post-Soviet countries in terms of minimum annual salaries.