In the second quarter, the average wages and salaries were 1,693 euros

News
Posted on 25 August 2022, 8:00

According to Statistics Estonia, in the 2nd quarter of 2022, the average monthly gross wages and salaries were 1,693 euros, which is 10.1% more than at the same time last year.

“Second-quarter wage growth of 10.1% was the highest in recent years,” said Argo Tarkiainen, an analyst at Statistics Estonia. One reason for the wage growth could be wage pressures related to general price hikes, the analyst noted.

By economic activity, the average monthly gross wages and salaries were the highest in information and communication (3,034 euros), financial and insurance activities (2,746 euros), and energy (2,337 euros). “Average gross wages were the lowest in accommodation and food service (1,048 euros), real estate (1,183 euros), and other service activities (1,255 euros),” Tarkiainen pointed out.

Average monthly gross wages and salaries and their change, 1st quarter 2017 – 2nd quarter 2022

Year

Quarter

Average monthly gross wages and salaries, euros

Change on the same period of previous year, %

2017

I

1,153

5.7

 

II

1,242

6.8

 

III

1,201

7.4

 

IV

1,271

7.5

2018

I

1,242

7.7

 

II

1,321

6.4

 

III

1,291

7.5

 

IV

1,384

8.9

2019

I

1,341

7.9

 

II

1,419

7.4

 

III

1,397

8.2

 

IV

1,472

6.3

2020

I

1,404

4.8

 

II

1,433

1

 

III

1,441

3.2

 

IV

1,515

2.9

2021

I

1,473

4.9

 

II

1,538

7.3

 

III

1,553

7.8

 

IV

1,625

7.3

2022

I

1,593

8.1

 

II

1,693

10.1

Average wages and salaries increased the most in accommodation and food service activities (18.6%) and manufacturing (14.8%).

The average monthly gross wages and salaries continued to be highest in Harju (1,829 euros) and Tartu counties (1,753 euros) and lowest in Valga (1,182) and Hiiu counties (1,117 euros). Year on year, the biggest growth in wages and salaries was recorded in Ida-Viru county (16.0%) and Põlva county (14.8%). Compared with the second quarter of last year, average monthly gross wages and salaries decreased in Valga (0.3%) and Hiiu counties (4.4%).

Average monthly gross wages and salaries by economic activity, 2nd quarter, 2021–2022

The statistics are based on the questionnaire “Wages and salaries and labour force”. For the statistical activity “Wages and salaries”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting the statistical activity.

More detailed data have been published in the statistical database.

 

For further information:

Helen Maria Raadik
Media Relations Manager

Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9191

Photo: Shutterstock

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