Wages in Estonia decreased to 1473 EUR/Month in the first quarter of 2021 from 1515 EUR/Month in the fourth quarter of 2020. source: Statistics Estonia

Wages in Estonia averaged 647.26 EUR/Month from 1991 until 2021, 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 August 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
1473.00 1515.00 1515.00 7.35 1991 - 2021 EUR/Month Quarterly
Current Prices, NSA

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.40 19.50 0.50 percent [+]
Employed Persons 640.70 659.50 839.10 551.60 Thousand [+]
Unemployed Persons 50.16 52.36 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.80 1.40 8.30 0.60 percent [+]
Youth Unemployment Rate 18.10 14.70 40.40 6.60 percent [+]
Labour Costs 118.57 117.95 126.48 29.81 points [+]
Job Vacancies 6.05 6.87 9.53 0.51 Thousand [+]
Wages 1473.00 1515.00 1515.00 7.35 EUR/Month [+]
Wages in Manufacturing 1377.00 1404.00 1404.00 281.91 EUR/Month [+]
Wage Growth 2.90 3.10 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 70.70 72.40 72.40 61.20 percent [+]
Part Time Employment 77.70 79.60 86.00 32.40 Thousand [+]
Productivity 124.10 120.40 124.10 50.60 points [+]
Full Time Employment 531.80 544.40 599.00 476.80 Thousand [+]
Employment Change -0.80 1.90 3.40 -5.30 percent [+]
Employment Rate 65.70 67.00 76.50 53.10 percent [+]


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