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For work, people receive pay, or wages and salaries, which is agreed compensation for fulfilling work tasks. In addition to the sum that the employer pays to the employee, the employer pays labour taxes on that sum, which together with the wages constitute labour costs. Wages are an important source of income, and their main purpose is to cover expenses on dwelling, food, transportation and other basic needs. This is why the law regulates the minimum an employee could be paid for full-time work. The minimum wage is set to protect the well-being of employees. The statistics on wages and
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Last year the visits to museums exceeded three million-threshold
Kuupäev 17.05.2013
Article
According to Statistics Estonia, in 2012, museum visits amounted to 3.04 million. Compared to a year earlier, the number of visits to museums increased 14%.
Inflation reduced GDP growth to just 0.6% in the second quarter
Kuupäev 31.08.2022
Article
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.
The economy contracted by 2.4% due to rising prices
Kuupäev 30.11.2022
Article
According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.
Last year every fifth person in Estonia lived in relative poverty
Kuupäev 15.12.2016
Article
According to Statistics Estonia, in 2015, 21.3% of the Estonian population lived in relative poverty and 3.9% in absolute poverty. The overall percentage of people living in relative poverty decreased 0.3 percentage points compared to the previous year, the percentage of people living in absolute poverty decreased 2.4 percentage points.