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In the second quarter, the average wages and salaries were 1,873 euros, median wages 1,524 euros

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  2. In the second quarter, the average wages and salaries were 1,873 euros, median wages 1,524 euros
According to Statistics Estonia, the average monthly gross wages and salaries in the second quarter of 2023 were 1,873 euros, which is 12.4% higher than in the same quarter last year. The median wages were 1,524 euros in the second quarter this year.

In the first quarter, the average wages and salaries were 1,741 euros, median 1,424 euros

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  2. In the first quarter, the average wages and salaries were 1,741 euros, median 1,424 euros
According to Statistics Estonia, the average gross monthly wages and salaries in the first quarter of 2023 were 1,741 euros, which is 13.3% higher than at the same time last year. The median wages, however, were 1,424 euros. The average real wages in the first quarter of 2023 were 1,443 euros, 3.2% lower than last year.

Service activities

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  2. Service activities
The service sector is an important part of the economy in Estonia. The share of value added and turnover of service enterprises continues to increase every year. More and more new enterprises and jobs are created in the sector. The activities of the service sector are, for example, healthcare services, regulation of education, accommodation and food service, entertainment and cultural activities, logistics, advertising, communications and beauty services. Statistics Estonia publishes statistics on the turnover and costs of service enterprises operating in Estonia. The statistics allow

Average wages and salaries rose last year, while real wages fell

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  2. Average wages and salaries rose last year, while real wages fell
In 2022, the average monthly gross wages and salaries in Estonian companies, institutions, and organisations were 1,685 euros, which is 8.9% more than in 2021. However, the average real wages decreased by 8.8% to 1,358 euros last year.

There were over 11,000 job vacancies in the second quarter

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  2. There were over 11,000 job vacancies in the second quarter
According to Statistics Estonia, in the second quarter of 2023, there were 11,079 job vacancies in the enterprises, institutions and organisations of Estonia. This is 17% less than in the same quarter last year. Over 6,000 persons left their job at the initiative of the employer.

The Estonian economy contracted by 1.3% last year

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  2. The Estonian economy contracted by 1.3% last year
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

There were over 11,000 job vacancies in the first quarter

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  2. There were over 11,000 job vacancies in the first quarter
According to Statistics Estonia, in the first quarter of 2023, there were 11,461 job vacancies in the enterprises, institutions and organisations of Estonia. This is 12% less than in the same quarter of 2022. Over 6,000 persons left their job at the initiative of the employer.

Financial statistics of financial service activities and activities auxiliary to financial services 2023. quarter

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  2. Financial statistics of financial service activities and activities auxiliary to financial services 2023. quarter

Financial statistics of financial service activities and activities auxiliary to financial services 2022. year

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  2. Financial statistics of financial service activities and activities auxiliary to financial services 2022. year

Recession slowed down in the second quarter. Photo: Shutterstock

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  2. Recession slowed down in the second quarter. Photo: Shutterstock
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

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