Wages in Estonia increased to 1441 EUR/Month in the third quarter of 2020 from 1433 EUR/Month in the second quarter of 2020. source: Statistics Estonia

Wages in Estonia averaged 632.66 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 February 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 1464.00 in 12 months time. In the long-term, the Estonia Average Monthly Gross Wages is projected to trend around 1594.65 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
1441.00 1433.00 1472.00 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 56.58 53.87 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.30 1.10 8.30 0.60 percent [+]
Youth Unemployment Rate 23.30 22.90 40.40 6.60 percent [+]
Labour Costs 119.61 126.48 126.48 29.81 points [+]
Job Vacancies 3.38 2.16 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 66.30 65.40 76.50 53.10 percent [+]


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