Wages in Estonia increased 6.30 percent in December of 2019 over the same month in the previous year.

Wage Growth in Estonia averaged 7.99 percent from 2003 until 2019, reaching an all time high of 21.20 percent in the second quarter of 2007 and a record low of -6.50 percent in the fourth quarter of 2009. This page provides - Estonia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Wage Growth - values, historical data and charts - was last updated on August of 2020.

Wage Growth in Estonia is expected to be 4.14 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Estonia to stand at 4.26 in 12 months time. In the long-term, the Estonia Wage Growth is projected to trend around 5.19 percent in 2021 and 5.06 percent in 2022, according to our econometric models.

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Estonia Wage Growth

Actual Previous Highest Lowest Dates Unit Frequency
6.30 8.20 21.20 -6.50 2003 - 2019 percent Quarterly
NSA

Estonia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.10 19.50 0.50 percent [+]
Employed Persons 670.30 678.50 839.10 551.60 Thousand [+]
Unemployed Persons 51.03 50.38 95.00 12.00 Thousand [+]
Long Term Unemployment Rate 1.10 0.70 8.30 0.60 percent [+]
Youth Unemployment Rate 17.90 13.20 40.40 6.60 percent [+]
Labour Costs 124.23 116.52 126.05 29.81 points [+]
Job Vacancies 4.42 4.24 9.53 0.51 Thousand [+]
Wages 1404.00 1472.00 1472.00 7.35 EUR/Month [+]
Wages in Manufacturing 1342.00 1383.00 1383.00 281.91 EUR/Month [+]
Wage Growth 6.30 8.20 21.20 -6.50 percent [+]
Minimum Wages 540.00 540.00 540.00 79.89 EUR/Month [+]
Population 1.33 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 71.70 72.10 72.30 61.20 percent [+]
Part Time Employment 86.00 75.30 86.00 32.40 Thousand [+]
Productivity 117.00 116.80 118.20 50.60 points [+]
Full Time Employment 545.40 565.50 599.00 476.80 Thousand [+]
Employment Change -0.40 1.30 3.40 -5.30 percent [+]
Employment Rate 68.10 69.20 76.50 53.10 percent [+]