Most of the indicators of the income have been received on the basis of the data of Estonian Social Surveys. Social Survey is a personal survey the aim of which is to estimate the distribution of households and incomes, living conditions and social exclusion. Statistics Estonia conducts the Social Survey since 2004, in 2002–2003 pilot surveys were carried out.
Average monthly gross income per employee increased by 6.8%
According to Statistics Estonia, in 2018, the average monthly gross income per employee was 1,234 euros, which is 79 euros more than in 2017. Gross income has been on the rise since 2011.
How does wealth affect consumption?
Quite often, money is used as the measure of wealth. Consumer demand has a direct impact on supply, i.e. the activity of entrepreneurs. Thus, it is good to understand the correlation between consumption and economic development, whether and how wealth affects the consumption of goods and services and how the consumption pattern is related to both the economic development of countries as well as the wealth of their households.
Average monthly gross income per employee increased last year
According to Statistics Estonia, in 2017, the average monthly gross income per employee was 1,155 euros. The gross income increased 7.6% compared to 2016; growth was the fastest (8.6%) in the age group of young people (aged under 25).
Last year, every fifth person lived in relative poverty
According to Statistics Estonia, 21.1% of the Estonian population, i.e. nearly 276,000 persons lived in relative poverty in 2016. The percentage of people living in relative poverty decreased 0.6 percentage points compared to the previous year.
Last year, the growth of the average monthly gross income continued
According to Statistics Estonia, in 2016, the average monthly gross income per employee was 1,073 euros. The growth of gross income continued at the same rate as in previous years (6%), however, the number of people receiving income started to decrease for the first time since the years of the economic crisis.
Does money make you happy? Correlation between income and lifesatisfaction in Estonia and European countries
Regional development in Estonia in 1991–2016
In its annual publication “Regional development in Estonia”, Statistics Estonia traditionally publishes an overview of the implementation of the current regional development strategy. Since the year 2016 is special in Estonian regional development from at least two aspects – it has been 25 years since Estonia restored its independence and the administrative reform has now been started in Estonia as part of the state reform – this collection examines Estonian regional development in terms of a longer period than usual. The reason for it is that, in 2016, the Ministry of Finance published the report “Monitoring Report 2014–2015 on the Implementation of the Estonian Regional Development Strategy for 2014–2020” and it is not sensible to repeat this analysis.
Last year, the average monthly gross income exceeded 1,000 euros for the first time
According to Statistics Estonia, in 2015, the average monthly gross income per employee was 1013 euros. The increase continued at the same rate as in the previous years, i.e., at 6% per year.
The average monthly gross income continued to grow steadily last year
According to Statistics Estonia, in 2014, the average monthly gross income per employee was 954 euros. Compared to 2013, the average gross income increased 6%. The growth rate has been at this level for the last few years.