Finland Average Monthly Earnings - Forecast

Wages in Finland is expected to be 3410.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Finland to stand at 3455.11 in 12 months time. In the long-term, the Finland Average Monthly Earnings is projected to trend around 3460.00 EUR/Month in 2020, according to our econometric models.


Finland Average Monthly Earnings
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Finland Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.3 7.4 7.9 9.2 9 7.1
Employed Persons 2555 2509 2496 2509 2509 2507
Unemployed Persons 261 244 243 243 243 243
Labor Force Participation Rate 68.3 66.42 65.49 65.9 66.12 66.01
Long Term Unemployment Rate 2 1.9 1.86 1.84 1.81 1.73
Youth Unemployment Rate 18.4 18.03 17.84 17.7 17.6 17.34
Labour Costs 108 107 108 108 108 108
Job Vacancies 53390 45764 51895 49893 48714 49548
Wages 3418 3410 3420 3422 3455 3460
Wages in Manufacturing 102 102 102 102 102 102
Population 5.51 5.51 5.51 5.54 5.54 5.56
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Part Time Employment 381 345 378 381 371 374
Wages Low Skilled 1760 1827 1827 1827 1929 1868
Wages High Skilled 3660 4000 4000 4000 4065 4074
Productivity 101 111 109 104 108 109
Living Wage Family 1740 1740 1740 1748 1748 1747
Living Wage Individual 1170 1134 1133 1135 1137 1140
Employment Change 0.7 0.66 0.56 0.53 0.48 0.21
Employment Rate 72.3 70.42 70.06 70.55 70.52 70.45
Full Time Employment 2018 2124 2057 2040 2115 2070