Wages in Estonia decreased to 1397 EUR/Month in the third quarter of 2019 from 1419 EUR/Month in the second quarter of 2019. Wages in Estonia averaged 603.91 EUR/Month from 1991 until 2019, reaching an all time high of 1419 EUR/Month in the second quarter of 2019 and a record low of 7.35 EUR/Month in the fourth quarter of 1991.

Wages in Estonia is expected to be 1363.00 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 1456.00 in 12 months time. In the long-term, the Estonia Average Monthly Gross Wages is projected to trend around 1609.00 EUR/Month in 2020, according to our econometric models.

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Estonia Average Monthly Gross Wages

Actual Previous Highest Lowest Dates Unit Frequency
1397.00 1419.00 1419.00 7.35 1991 - 2019 EUR/Month Quarterly
Current Prices, NSA

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

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 5.10 19.50 0.50 percent [+]
Employed Persons 677.30 667.70 839.10 551.60 Thousand [+]
Unemployed Persons 34.48 33.29 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.10 8.30 0.80 percent [+]
Youth Unemployment Rate 9.00 10.20 42.70 6.60 percent [+]
Labour Costs 118.29 126.05 126.05 29.81 points [+]
Job Vacancies 2.31 3.42 9.53 0.51 Thousand [+]
Wages 1397.00 1419.00 1419.00 7.35 EUR/Month [+]
Wages in Manufacturing 1345.00 1354.00 1354.00 281.91 EUR/Month [+]
Wage Growth 7.40 8.00 21.20 -6.50 percent [+]
Minimum Wages 540.00 500.00 540.00 79.89 EUR/Month [+]
Population 1.32 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 71.90 71.70 72.30 61.20 percent [+]
Productivity 126.40 120.10 126.40 58.50 points [+]
Part Time Employment 69.80 76.70 76.70 32.40 Thousand [+]
Full Time Employment 560.30 548.20 599.00 476.80 Thousand [+]
Employment Change 1.00 -0.40 3.40 -5.30 percent [+]
Employment Rate 69.00 68.10 76.50 53.10 percent [+]