Salaries_in_the_Baltic_states

Wages and SalariesIn the Baltic States

March 2017

Compiled by Kadri Seeder, Salary Information Agency

-5.9

-2.3

-0.1

0.1 0

.6 0.7 0.8 1

1.4 1.5 1.7

1.7 1.9

1.9 2 2.2 2.4 2.6 3

.3

4.3 4.5 4.8

6.3

7.2 7

.7 7.9 8.1

14.6

-10

-5

0

5

10

15

20

%

Labour cost index - percentage change The same quarter of previous year = 100

2014Q3 2015Q3 2016Q3

Source: Eurostat

Notes:

Seasonally and calendar adjusted data

Percentage change compared to same period in previous year

Industry, construction and services (except activities of households as employers and extra-territorial organisations and bodies)

Wages and salaries (total)

Average hourly labour costs, 2015

Source: Eurostat

320

346

381

453

540

545

635

552

585 723

724

749 893

808 1

152

1326

1271 1

644 1962

1854

2038 2348

2912

2247

2829

2341

2332

2570

3157

3082

3575

2908

4301

4866

507

578

633

648

774

802

902

950

1025

1061

1072

1114

1164 1488 1

834

1852

2057

2142

2677

2865

3037

3072

3153

3221

3359

3374

3402

3554

3700 3997 4

373

4877 5

243

6410

0

1000

2000

3000

4000

5000

6000

7000

Mean monthly earnings by occupation, 2014

Manual workers (OC7-9) Non manual workers (OC1-5)

Source: Eurostat

Org size: 10 and more employees

679

794

628

774

887

994

985

1167

1199

1344

1205

1320

1569 2

125

2038

2236 2

731

2657

3490

5170

4251

3626

3882

3479

4091

4046

4259

4212

3180

4615 5017

5887

5778

7706

981

1035

1037

1235

1301

1456

1551

1709

1919

1958

2035

2093

2244

3093

3257

3479 3920 4

431 4878

4984

5276

5290

5371

5474 6

007

6081 6483

6544 6958 7

459

7546

7731

8593

9385

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000


Professionals (OC2) Managers (OC1)

Source: Eurostat


249

288

319

383

412

441

483

492

499

534

546

572

644

718

954

1082

1131 1327 1

578

1718

1746

1754

1768

1882

1893

2273

2343

2440

2447

2601

2617

3113

3620

4432

265

297

333

387

446

444

523

530

561

576

623

586

665 799 1

051

1185

1312

1429

1804

1878 2101

2037

2002

1907

1944

2396

2462

2811

2365 2571 2

838

3001

3791

4485

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000


Elementary occupations (OC9) Service and slaes workers (OC5)

Source: Eurostat


825

784

792 839 887 9

49

1005 1065 1146

1199 1265 1332 13

99

682

655

63

3

66

0

685

716 765 818 859 906 951 999

1049

623

596

576

59

3

615 646

677 714 7

71 814 864 9

19

0

200

400

600

800

1000

1200

1400

1600

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* 2019* 2020*

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 79

9 859 9

20

498

486

450

470

488

516 560 603

63

1

478

464

450

462

478

501

527

554 600

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


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

* The net wage in Estonia was calculated by tax rates because it was not published yet.

278 278 278 278290

320

355

390

430

470

230

254 254

282 286 287

320

360370

232 232 232 232 232

290300 300

350

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*

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

916 900

976

930

986966

1023

977

10391010

10821045

11051091

11631119

1182

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 829 844 827

853 860894

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

757 748772

793823

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

Average monthly gross wages, EUR



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

945

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

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

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

Average monthly net wages, EUR



-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

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

Estonia

Lativa

Lithuania


2015 2016

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

4.5% 5.8% 6.9% 6.4% 8.1% 7.6% 7.1% 6.9%

6.3% 6.9% 7.3% 7.4% 5.2% 5.2% 3.7% 5.9%

4.3% 4.6% 5.5% 5.9% 6.9% 8.1% 7.9% 8.7%

-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

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

Estonia

Latvia

Lithuania


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

2015 2016

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

5.4% 5.9% 7.5% 6.9% 8.5% 8.3% 6.7% 5.5%

6.8% 6.4% 8.4% 8.0% 5.6% 5.4% 3.2% 4.0%

5.8% 5.1% 6.2% 6.0% 6.3% 7.7% 7.4% 7.6%

1011

1444

1141

1607

1181

1096

1045

1167

771

1909

1831

916

1332

1076

1475

1102

1252

970

626

839

1062

845

1188

856

846

798

909

588

1413

1784

795

964

804

1147

757

830

767

746

719

1037

851

1007

823

753

762

775

567

1362

1427

747

1038

693

998

729

826

693

722

0 500 1000 1500 2000 2500

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, 4st quarter of 2016, EUR

Estonia

Latvia

Lithuania


3.6%

3.6%

8.1%

6.1%

3.8%

1.1%

3.5%

6.2%

6.8%

7.3%

6.0%

9.3%

0.9%

15.5%

6.5%

9.5%

7.9%

6.2%

8.4%

4.5%

7.1%

6.6%

9.6%

5.0%

2.9%

6.4%

0.0%

6.7%

3.1%

1.9%

3.5%

0.7%

10.0%

10.6%

10.0%

5.2%

2.4%

11.3%

8.8%

4.6%

9.7%

2.4%

5.2%

7.7%

8.8%

7.2%

14.0%

7.9%

6.2%

3.6%

5.5%

8.7%

9.9%

8.8%

11.0%

10.6%

11.0%

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…

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

Change of average monthly gross wage by economic activity, 4st Q 2015/16 The same quarter of previous year = 100

Estonia

Latvia

Lithuania


For further information and comments please contact:

The Salary Information Agency

E-mail: [email protected]

Phone: +372 56885066

http://www.palgainfo.ee

http://www.palgainfo.ee/

Data & Analytics

Salaries_in_the_Baltic_states