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Wages and SalariesIn the Baltic States
December 2017
Compiled by Kadri Seeder, Salary Information Agency
825
784
792 839 887 9
49
1005 1065 1146 1217 1280 1351 1422 1495
682
655
633
660
685
716 765 818 859 9
15 9
70
1021
1072
623
596
576
593
615 646
677 714 7
74 8
38 890 9
45 1004
0
200
400
600
800
1000
1200
1400
1600
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* 2019* 2020* 2021*
Years
Annual average monthly gross wages, EUR
Estonia Latvia Lithuania
Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania, ministries of finance
* - forecast
670
637
637 672 706 757 799 8
59 9
24
498
486
450
470
488
516 560 603
631
478
464
450
462
478
501
527
554 602
0
200
400
600
800
1000
1200
1400
1600
2008 2009 2010 2011 2012 2013 2014 2015 2016
Years
Annual average monthly net wages, EUR
Estonia Latvia Lithuania
Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania
278 278 278 278290
320
355
390
430
470
500
230
254 254
282 286 287
320
360370
380
430
232 232 232 232 232
290300 300
350
380400
39%
44%
45%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
0
100
200
300
400
500
600
700
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018*
EU
R
Years
Minimum wages (EUR) and ratio (%) to gross average wage
Estonia - minimum wage Latvia - minimum wage Lithuania - minimum wage
Estonia - ratio Latvia - ratio Lithuania - ratio
Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania
*Forecast
789
850
800838
776813
752784
758
823
759
814792
857
809
865847
900855
916900
976
930
986966
1023
977
10391010
10821045
11051091
11631119
11821153
12421201
645679693711
669674649
626615632637647640659664676663
684687703689716722737740
762772786785815829844827
853860894886
927925
623648
672672635629620614
588595603614600610613630619624629646647653668678671682697715700714735
757748772
793823818
839851
0
200
400
600
800
1000
1200
1400
2008 I Q
II Q
III Q
IV Q
2009 I Q
II Q
III Q
IV Q
2010 I Q
II Q
III Q
IV Q
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
IV Q
2016 I Q
II Q
III Q
IV Q
2017 I Q
II Q
III Q
Average monthly gross wages, EUR
Estonia Latvia Lithuania
Source: Statistics Estonia, Central Statistical Bureau of Latvia, Statistics Lithuania
641
689651
680
633660
612634
611
660
611653 637
685648
692 677716
681
729 721
778742
786 769812
777
827 815
871842
891 882
937902
952932
1001968
470495 506 521
500 505476 460
438 450 453 459 456 470 473 481 474 488 491 501 496 514 521 530 543 558 564 575 579599 611 622 610 627 632
657 648676 674
478 496 514 514493 489 482 477 459 464 469 478 467 475 477 489 481 485 488 501 501 506 517 524 522 531 541 554 544 554 569 585 584 601 616
637 645 659 667
0
200
400
600
800
1000
1200
1400
2008 I Q
II Q
III Q
IV Q
2009 I Q
II Q
III Q
IV Q
2010 I Q
II Q
III Q
IV Q
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
IV Q
2016 I Q
II Q
III Q
IV Q
2017 IQ
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%
2005 I Q
II Q
III Q
IV Q
2006 I Q
II Q
III Q
IV Q
2007 I Q
II Q
III Q
IV Q
2008 I Q
II Q
III Q
IV Q
2009 I Q
II Q
III Q
IV Q
2010 I Q
II Q
III Q
IV Q
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
IV Q
2016 I Q
II Q
III Q
IV Q
2017 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
2015 2016 2017
I Q II Q III Q IV Q I Q II Q III Q IV Q I Q II Q III Q
4.5% 5.8% 6.9% 6.4% 8.1% 7.6% 7.1% 6.9% 5.7% 6,8% 7,4%
6.3% 6.9% 7.3% 7.4% 5.2% 5.2% 3.7% 5.9% 7.2% 8,7% 7,5%
4.3% 4.6% 5.5% 5.9% 6.9% 8.1% 7.9% 8.7% 9.3% 8,7% 7,2%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
2005 I Q
II Q
III Q
IV Q
2006 I Q
II Q
III Q
IV Q
2007 I Q
II Q
III Q
IV Q
2008 I Q
II Q
III Q
IV Q
2009 I Q
II Q
III Q
IV Q
2010 I Q
II Q
III Q
IV Q
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
IV Q
2016 I Q
II Q
III Q
IV Q
2017 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
2015 2016 2017
I Q II Q III Q IV Q I Q II Q III Q IV Q I Q II Q III Q
5.4% 5.9% 7.5% 6.9% 8.5% 8.3% 6.7% 5.5% 2.6% 3,7% 3,7%
6.8% 6.4% 8.4% 8.0% 5.6% 5.4% 3.2% 4.0% 3.1% 4,6% 3,7%
5.8% 5.1% 6.2% 6.0% 6.3% 7.7% 7.4% 7.6% 7.4% 6,0% 3,7%
For further information and comments please contact:
The Salary Information Agency
E-mail: [email protected]
Phone: +372 56885066
http://www.palgainfo.ee
