Wages and SalariesIn the Baltic States

December 2015

Compiled by Kadri Seeder, Salary Information Agency

516

601

725

825784 792

839887

949

1005

1066

1134

1208

381430

566

682656

633660

684716

765801

841887

370

433

522

623595 576 593

615646

677720

764813

0

200

400

600

800

1000

1200

1400

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015* 2016* 2017*

Years

Annual average monthly gross wages, EUR

Estonia Latvia Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania, ministries of finance

* - forecast

660

738697

784 789

850

800838

776813

752784

758

823

759

814792

857

809

865847

900855

916 900

976

930

986966

1023

977

10391010

10821045

504549

575

635 645679 693 711

669 674649

626 615 632 637 647 640659 664 676 663

684 687 703 689716 722 737 740

762 772 786 785815 829

503529

565594

623648

672 672635 629 620 614

588 595 603 614 600 610 613 630 619 624 629 646 647 653 668 678 671 682 697 715 700 714735

0

200

400

600

800

1000

1200

1400

200

7 I

Q

II Q

III Q

IV Q

200

8 I

Q

II Q

III Q

IV Q

200

9 I

Q

II Q

III Q

IV Q

201

0 I

Q

II Q

III Q

IV Q

201

1 I

Q

II Q

III Q

IV Q

201

2 I

Q

II Q

III Q

IV Q

201

3 I

Q

II Q

III Q

IV Q

201

4 I

Q

II Q

III Q

IV Q

201

5 I

Q

II Q

III Q

Average monthly gross wages, EUR

Estonia Latvia Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania

637

685648

692 677716

681

729 721

778742

786 769812

777

827 815

871842

456 470 473 481 474 488 491 501 496 514 521 530 543 558 564 575 579600 611

467 475 477 489 481 485 488 501 501 506 517 524 522 531 541 554 544 554 569

0

200

400

600

800

1000

1200

1400

2011 I Q

II Q

III Q

IV Q

2012 I Q

II Q

III Q

IV Q

2013 I Q

II Q

III Q

IV Q

2014 I Q

II Q

III Q

IV Q

2015 I Q

II Q

III Q

Average monthly net wages, EUR

Estonia Latvia Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

35%

40%

200

5 I

Q

II Q

III Q

IV Q

200

6 I

Q

II Q

III Q

IV Q

200

7 I

Q

II Q

III Q

IV Q

200

8 I

Q

II Q

III Q

IV Q

200

9 I

Q

II Q

III Q

IV Q

201

0 I

Q

II Q

III Q

IV Q

201

1 I

Q

II Q

III Q

IV Q

201

2 I

Q

II Q

III Q

IV Q

201

3 I

Q

II Q

III Q

IV Q

201

4 I

Q

II Q

III Q

IV Q

201

5 I

Q

II Q

III Q

Change of average monthly gross wages The same quarter of previous year = 100

Estonia

Lativa

Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania

2014 2015

I Q II Q III Q IV Q I Q II Q III Q

7.3% 4.8% 5.1% 5.3% 4.5% 5.8% 6.9%

7.4% 6.5% 7.0% 6.6% 6.1% 6.9% 7.3%

3.7% 4.6% 4.3% 5.4% 4.3% 4.6% 5.5%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

200

5 I

Q

II Q

III Q

IV Q

200

6 I

Q

II Q

III Q

IV Q

200

7 I

Q

II Q

III Q

IV Q

200

8 I

Q

II Q

III Q

IV Q

200

9 I

Q

II Q

III Q

IV Q

201

0 I

Q

II Q

III Q

IV Q

201

1 I

Q

II Q

III Q

IV Q

201

2 I

Q

II Q

III Q

IV Q

201

3 I

Q

II Q

III Q

IV Q

201

4 I

Q

II Q

III Q

IV Q

201

5 I

Q

II Q

III Q

Change of real wages The same quarter of previous year = 100

Estonia

Latvia

Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania

Note: Real wages take into account the influence of the change in the consumer price index

2014 2015

I Q II Q III Q IV Q I Q II Q III Q

6.7% 4.8% 5.6% 5.8% 5.4% 5.9% 7.5%

8.9% 7.8% 7.4% 7.9% 6.8% 6.6% 8.3%

4.0% 4.9% 4.6% 5.7% 5.8% 5.1% 6.2%

0 500 1000 1500 2000

Agriculture, forestry and fishing

Mining and quarrying

Manufacturing

Electricity, gas, steam and air conditioning supply

Water supply; sewerage, waste management and…

Construction

Wholesale and retail trade; Repair of motor…

Transportation and storage

Accommodation and food service activities

Information and communication

Financial and insurance activities

Real estate activities

Professional, scientific and technical activities

Administrative and support service activities

Public administration and defence; compulsory…

Education

Human health and social work activities

Arts, entertainment and recreation

Other service activities

Average monthly gross wage by economic activity, 3rd quarter of 2015, EUR

Estonia

Latvia

Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania

-2% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18%

Agriculture, forestry and fishing

Mining and quarrying

Manufacturing

Electricity, gas, steam and air conditioning supply

Water supply; sewerage, waste management and remediation activities

Construction

Wholesale and retail trade; Repair of motor vehicles and motorcycles

Transportation and storage

Accommodation and food service activities

Information and communication

Financial and insurance activities

Real estate activities

Professional, scientific and technical activities

Administrative and support service activities

Public administration and defence; compulsory social security

Education

Human health and social work activities

Arts, entertainment and recreation

Other service activities

Change of average monthly gross wage by economic activity, 3rdQ 2014/15 The same quarter of previous year = 100

Estonia

Latvia

Lithuania

Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania

For further information and comments please contact:

The Salary Information Agency

E-mail: palgauuring@palgainfo.ee

Phone: +372 56885066

http://www.palgainfo.ee