Estonian average salary is 1,163 euros or 6.91 euros per hour

According to Statistics Estonia, in the 2nd quarter of 2016, the average monthly gross wages and salaries were 1,163 euros and the average hourly gross wages and salaries were 6.91 euros. Compared to the 2nd quarter of 2015, the average monthly gross wages and salaries increased by 7.6% and the average hourly gross wages and salaries by 4.5%. In the 2nd quarter, the annual growth of average monthly gross wages and salaries was slightly slower than in the 1st quarter of 2016.

The average monthly gross wages and salaries were 1,141 euros in April, 1,129 euros in May and 1,220 euros in June. Higher monthly gross wages and salaries in June were mainly due to an increase in irregular bonuses and premiums and holiday leave pay.

Irregular bonuses and premiums decreased 8.3% per employee compared to the 1st quarter of 2016 but increased 15.6% per employee compared to the 2nd quarter of 2015. Irregular bonuses and premiums affected the increase in average gross monthly wages and salaries by 0.3 percentage points. Without irregular bonuses and premiums, the average monthly gross wages and salaries increased year-over-year by 7.3% in the 2nd quarter, with annual growth remaining on the same level as in the 1st quarter (7.2%).

Real wages, which take into account the influence of the change in the consumer price index, increased faster (8.3%) than the average monthly gross wages and salaries in the 2nd quarter of 2016 compared to the 2nd quarter of 2015 due to the continued decrease in consumer prices. Compared to the same quarter of the previous year, real wages have been increasing since the second half of 2011.

The average monthly gross wages and salaries were the highest in information and communication and financial and insurance activities. Compared to the 2nd quarter of 2015, the average gross monthly and hourly wages and salaries increased in almost all economic activities (except mining and quarrying). The largest increase of monthly and hourly wages and salaries occurred in real estate activities (23.5%). A higher than average annual growth was also recorded in administrative and support service activities (13.5%), accommodation and food service activities (12.6) and in information and communication (11.5%). The annual growth of monthly gross wages and salaries was the fastest in the Estonian private sector (9.4%) and the lowest in state institutions (5.5%).

In the 2nd quarter of 2016, by county, the average monthly gross wages and salaries were the highest in Harju, Tartu, Viljandi and Lääne counties and the lowest in Põlva, Ida-Viru and Valga counties. The annual growth of average monthly gross wages and salaries was the fastest in Tartu and Pärnu counties and the slowest in Ida-Viru county.

According to the Wages and Salaries Statistics Survey, the number of employees converted to full-time units decreased by 1.8% compared to the 1st quarter of 2016 and by 1.5% compared to the 2nd quarter of 2015. The bigger than average year-over-year decrease in the number of employees in full-time units occurred in mining and quarrying and in other service activities, while the largest year-over-year increase occurred in financial and insurance activities and in professional, scientific and technical activities.

In the 2nd quarter of 2016, the average monthly labour costs per employee were 1,568 euros and the hourly labour costs were 10.32 euros. Compared to the 2nd quarter of 2015, the average monthly labour costs per employee increased 7.5%.

Average monthly labour costs per employee and monthly gross wages and salaries and net wages and salaries, 1st quarter 2014 – 2nd quarter 2016 (euros)

Read more from Statistics Estonia

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