Estonia’s average salary grows 7.3% in Q2 2021

According to Statistics Estonia, the country’s statistics agency, in the second quarter of 2021, the average monthly gross wages and salaries in Estonia were €1,538, which is 7.3% higher than the year before.

Gross wages and salaries were the highest in Harju and Tartu counties, and in the information and communication; financial and insurance activities; and the energy sectors.

Argo Tarkiainen, an analyst at the agency, said the increase in average monthly gross wages and salaries was last at this level in the third quarter of 2019.

“In the second quarter of this year, monthly gross wages were again the highest in Harju and Tartu counties and the lowest in Hiiu and Valga counties, where average wages were more than €350 below the Estonian average. Year on year, the biggest growth in wages and salaries was recorded in Hiiu and Lääne counties, while the increase in average wages was the smallest in Võru and Põlva counties,” he said.

By economic activity, the average monthly gross wages and salaries were again the highest in information and communication (€2,761), financial and insurance activities (€2,545) and energy (€2,124). The average gross wages were the lowest in accommodation and food service activities (€884), real estate activities (€1,124) and arts, entertainment and recreation (€1,208).

Compared with the second quarter of 2020, the average monthly gross wages increased the most in mining and quarrying (17.7%) and in human health and social work activities (13.2%). The lowest increase was recorded in the energy sector (0.3%) and in financial and insurance activities (1.8%).

Cover: An Estonian flag with 50-euro notes. The image is illustrative. Photo by Shutterstock.

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