Wages in Estonia increased to 1433 EUR/Month in the second quarter of 2020 from 1404 EUR/Month in the first quarter of 2020.

Wages in Estonia averaged 625.63 EUR/Month from 1991 until 2020, reaching an all time high of 1472 EUR/Month in the fourth quarter of 2019 and a record low of 7.35 EUR/Month in the fourth quarter of 1991. This page provides - Estonia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Average Monthly Gross Wages - values, historical data and charts - was last updated on October of 2020.

Wages in Estonia is expected to be 1455.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Estonia to stand at 1464.00 in 12 months time. In the long-term, the Estonia Average Monthly Gross Wages is projected to trend around 1615.00 EUR/Month in 2021 and 1696.00 EUR/Month in 2022, according to our econometric models.

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Estonia Average Monthly Gross Wages

Actual Previous Highest Lowest Dates Unit Frequency
1433.00 1404.00 1472.00 7.35 1991 - 2020 EUR/Month Quarterly
Current Prices, NSA

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 5.00 19.50 0.50 percent [+]
Employed Persons 643.90 670.30 839.10 551.60 Thousand [+]
Unemployed Persons 49.32 50.70 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 0.70 8.30 0.60 percent [+]
Youth Unemployment Rate 23.70 23.20 40.40 6.60 percent [+]
Labour Costs 126.48 124.23 126.48 29.81 points [+]
Job Vacancies 4.11 4.36 9.53 0.51 Thousand [+]
Wages 1433.00 1404.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1336.00 1342.00 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 63.50 63.25 63.50 60.50 [+]
Retirement Age Men 63.50 63.25 63.50 63.00 [+]
Labor Force Participation Rate 70.40 71.70 72.30 61.20 percent [+]
Part Time Employment 72.50 86.00 86.00 32.40 Thousand [+]
Productivity 120.70 117.00 120.70 50.60 points [+]
Full Time Employment 534.40 545.40 599.00 476.80 Thousand [+]
Employment Change -5.10 -0.50 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]


Estonia Average Monthly Gross Wages
In Estonia, wages are benchmarked using average monthly earnings.