Wages in Estonia increased to 1515 EUR/Month in the fourth quarter of 2020 from 1441 EUR/Month in the third quarter of 2020. source: Statistics Estonia

Wages in Estonia averaged 640.20 EUR/Month from 1991 until 2020, reaching an all time high of 1515 EUR/Month in the fourth quarter of 2020 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 April of 2021.

Wages in Estonia is expected to be 1517.85 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 1594.65 in 12 months time. In the long-term, the Estonia Average Monthly Gross Wages is projected to trend around 1594.65 EUR/Month in 2022 and 1696.00 EUR/Month in 2023, according to our econometric models.

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Estonia Average Monthly Gross Wages

Actual Previous Highest Lowest Dates Unit Frequency
1515.00 1441.00 1515.00 7.35 1991 - 2020 EUR/Month Quarterly
Current Prices, NSA

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.70 19.50 0.50 percent [+]
Employed Persons 659.50 652.70 839.10 551.60 Thousand [+]
Unemployed Persons 57.80 57.13 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.30 1.10 8.30 0.60 percent [+]
Youth Unemployment Rate 16.80 17.20 40.40 6.60 percent [+]
Labour Costs 117.95 119.61 126.48 29.81 points [+]
Job Vacancies 4.35 3.38 9.53 0.51 Thousand [+]
Wages 1515.00 1441.00 1515.00 7.35 EUR/Month [+]
Wages in Manufacturing 1404.00 1373.00 1404.00 281.91 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 79.60 66.80 86.00 32.40 Thousand [+]
Productivity 120.40 118.60 120.70 50.60 points [+]
Full Time Employment 544.40 551.60 599.00 476.80 Thousand [+]
Employment Change 0.90 -5.10 3.40 -5.30 percent [+]
Employment Rate 66.30 65.40 76.50 53.10 percent [+]


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