Sharing Wage and Salary Data Across Platforms in Estonia, Q1 2024
Quarter 1 of 2024 in Estonia sees median income at €1,553
Here's a lowdown on the cash people made across various roles in Estonia during the first quarter of 2024, based on the stats from the country's official statistics agency, Statistics Estonia.
Averages and Increases
Overall, the average monthly gross wages and salaries rose by 8.8% from the same quarter the previous year, reaching €1,894. Median wages were €1,553 in Q1 2024, compared to €1,424 in the same quarter of 2023.
Highest and Lowest Wages by Industry
The industries offering the highest average monthly gross wages and salaries were information and communication (€3,393), financial and insurance activities (€3,114), and public administration and defence and compulsory social security (€2,517). Conversely, wages in hotels and restaurants were the lowest (€1,217), followed by other services (€1,258) and real estate (€1,322).
Geographic Wage Differences
In terms of regional disparities, the highest average wages were seen in Tallinn (€2,247) and Harju County (including Tallinn) with €2,139. At the other end of the spectrum, Valga (€1,376) and Saare (€1,430) were the counties with the lowest average wages.
Industry-wise Median Wages
Median wages were the highest in information and communication (€2,873) and financial and insurance activities (€2,555). Remarkably, the lowest median wages were registered in real estate activities (€917) and other service activities (€984).
Although data on specific industry- and county-level wage data for Q1 2024 may not be readily accessible from public sources, it is worth noting that Statistics Estonia provides earnings reports and regional accounts data that could offer a more comprehensive picture, should you need it.
However, it's important to mention that the average wage figures provided by the OECD for Estonia are around €1,325 per month but lack details such as industry-specific breakdowns, county-level granularity, and median wage data[1]. Additionally, there may be data gaps when it comes to specific quarterly metrics, geographic details, and median wages that can’t be fully addressed without consulting official statistics agency reports.
- The country of Estonia, specifically the city of Tallinn, saw the highest average monthly gross wages and salaries in the first quarter of 2024, surpassing €2,247.
- Interestingly, the lowest median wages were reported in real estate activities, with just €917, while the highest were in information and communication, reaching €2,873.
- The industry offering the highest average monthly gross wages and salaries was information and communication, followed closely by financial and insurance activities.
- In terms of industries with the lowest wages, hotels and restaurants reported the lowest average monthly gross wages and salaries, below €1,217.
- During the first quarter of 2024, Estonia's median wages were €1,553, marking a significant increase from the same period the previous year, with median wages in Q1 2023 at €1,424.
- Compared to the average wages provided by the OECD for Estonia, which are around €1,325 per month, the figures for Q1 2024 presented a more detailed breakdown, including industry-specific data and median wage information.
