Minimum Wages in Estonia were at 540 EUR/Month in 2019.

Minimum Wages in Estonia averaged 270.82 EUR/Month from 1999 until 2019, reaching an all time high of 540 EUR/Month in the second quarter of 2019 and a record low of 79.89 EUR/Month in the fourth quarter of 1999. This page provides - Estonia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Gross Minimum Monthly Wage - values, historical data and charts - was last updated on August of 2020.

Minimum Wages in Estonia is expected to be 590.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Estonia to stand at 630.00 in 12 months time. In the long-term, the Estonia Gross Minimum Monthly Wage is projected to trend around 630.00 EUR/Month in 2021, according to our econometric models.

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Estonia Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
540.00 540.00 540.00 79.89 1999 - 2019 EUR/Month Quarterly

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.10 19.50 0.50 percent [+]
Employed Persons 670.30 678.50 839.10 551.60 Thousand [+]
Unemployed Persons 51.03 50.38 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 0.70 8.30 0.60 percent [+]
Youth Unemployment Rate 17.90 13.20 40.40 6.60 percent [+]
Labour Costs 124.23 116.52 126.05 29.81 points [+]
Job Vacancies 4.42 4.24 9.53 0.51 Thousand [+]
Wages 1404.00 1472.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1342.00 1383.00 1383.00 281.91 EUR/Month [+]
Wage Growth 6.30 8.20 21.20 -6.50 percent [+]
Minimum Wages 540.00 540.00 540.00 79.89 EUR/Month [+]
Population 1.33 1.32 1.57 1.21 Million [+]
Retirement Age Women 63.50 63.25 63.50 60.50 [+]
Retirement Age Men 63.50 63.25 63.50 63.00 [+]
Labor Force Participation Rate 71.70 72.10 72.30 61.20 percent [+]
Part Time Employment 86.00 75.30 86.00 32.40 Thousand [+]
Productivity 117.00 116.80 118.20 50.60 points [+]
Full Time Employment 545.40 565.50 599.00 476.80 Thousand [+]
Employment Change -0.40 1.30 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]