Wages in Estonia increased 4.70 percent in March of 2020 over the same month in the previous year. source: Statistics Estonia

Wage Growth in Estonia averaged 7.94 percent from 2003 until 2020, reaching an all time high of 21.20 percent in the second quarter of 2007 and a record low of -6.50 percent in the fourth quarter of 2009. This page provides - Estonia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Wage Growth - values, historical data and charts - was last updated on December of 2020.

Wage Growth in Estonia is expected to be 4.14 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Estonia to stand at 4.26 in 12 months time. In the long-term, the Estonia Wage Growth is projected to trend around 5.19 percent in 2021 and 5.06 percent in 2022, according to our econometric models.

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Estonia Wage Growth

Actual Previous Highest Lowest Dates Unit Frequency
4.70 6.30 21.20 -6.50 2003 - 2020 percent Quarterly
NSA

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 7.10 19.50 0.50 percent [+]
Employed Persons 652.70 643.90 839.10 551.60 Thousand [+]
Unemployed Persons 50.16 49.09 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 0.70 8.30 0.60 percent [+]
Youth Unemployment Rate 20.70 20.90 40.40 6.60 percent [+]
Labour Costs 119.61 126.48 126.48 29.81 points [+]
Job Vacancies 3.88 4.25 9.53 0.51 Thousand [+]
Wages 1441.00 1433.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1373.00 1336.00 1383.00 281.91 EUR/Month [+]
Wage Growth 4.70 6.30 21.20 -6.50 percent [+]
Minimum Wages 584.00 584.00 584.00 79.89 EUR/Month [+]
Population 1.33 1.32 1.57 1.21 Million [+]
Retirement Age Women 63.75 63.50 63.75 60.50 [+]
Retirement Age Men 63.75 63.50 63.75 63.00 [+]
Labor Force Participation Rate 71.80 70.40 72.30 61.20 percent [+]
Part Time Employment 66.80 72.50 86.00 32.40 Thousand [+]
Productivity 118.60 120.70 120.70 50.60 points [+]
Full Time Employment 551.60 534.40 599.00 476.80 Thousand [+]
Employment Change 0.90 -5.10 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]