Estonia's Median Quarter 1, 2024 Salary Equales €1,553
Revamped Breakdown of Estonian Wages in Q1 2024
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Here's a snapshot of the average and median wages and salaries in Estonia during the first quarter of 2024, compared to the same period in 2023:
- Average monthly gross wages and salaries: €1,894 (+8.8%)
- Median wages: €1,553 (Q1'24) / €1,424 (Q1'23)
Liina Kuusik, an analyst at Statistics Estonia, shed some light on the wage distribution across industries during the aforementioned period:
- Highest average wages: Information and communication (€3,393), Financial and insurance activities (€3,114), Public administration (€2,517)
- Highest wage growth: Health and social work (16.7%), Agriculture, forestry, and fishing (13.7%)
- Lowest average wages: Hotels and restaurants (€1,217), Other services (€1,258), Real estate (€1,322)
A Few Insights on Wage Statistics in Estonia:
- According to Statistikaamet (Statistics Estonia), wage data by industry sector is typically categorized and compiled in a variety of sectors, such as manufacturing, services, agriculture, etc.
- To find more detailed information on wages by industry for Q1 2024, consider referencing Eurostat, Statistics Estonia, or national labor databases and reports from Estonia's labor ministry.
- When seeking precise figures, consult these sources directly or review their early 2024 publications for the most accurate data.
- In Q1 2024, Estonia witnessed an increase in average monthly gross wages and salaries, standing at €1,894, reflecting a growth of 8.8% compared to the same period in 2023.
- Median wages in Estonia followed a similar trend, with employees earning €1,553 in Q1 2024 and €1,424 in Q1 2023.
- Liina Kuusik, an analyst at Statistics Estonia, revealed that the information and communication sector had the highest average wages in Q1 2024, amounting to €3,393.
- The industry with the highest wage growth during Q1 2024 was Health and social work, registering a 16.7% increase compared to the same period in 2023.
- Meanwhile, the lowest average wages were observed in the sectors of Hotels and restaurants (€1,217), Other services (€1,258), and Real estate (€1,322).
- For a comprehensive understanding of wage statistics in Estonia, consider reviewing data from sources like Eurostat, Statistics Estonia, or national labor databases, particularly their early 2024 publications for the most accurate information.
