Median quarterly wage in Estonia during Q1 2024 amounts to €1,553.
Title: A Peek at Estonia's Gross Wages and Salaries in Q1 2024 💰
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Estonia's average monthly gross wages and salaries soared by a whopping 8.8% in Q1 2024, reaching €1,894. The median wage, meaning the point where half of employees earn more and the other half earn less, clocked in at €1,553 [1].
Liina Kuusik, a shrewd analyst at Statistics Estonia, put the spotlight on some key sectors with the highest averages. Information & Communication led the pack at €3,393, followed closely by Financial & Insurance Activities (€3,114) and Public Administration & Defense (€2,517). On the flip side, hotels, restaurants, and real estate proved to be the lowest-paying sectors [2].
Surprisingly, the sectors with the largest increase in wages were Health & Social Work and Agriculture, Forestry, & Fishing. These sectors saw an impressive surge of 16.7% and 13.7% respectively [2].
When looking at the geographical distribution, Tallinn was the star performer with an average monthly wage of €2,247, closely followed by Harju County (including Tallinn) at €2,139. The lowest wages could be found in Valga County (€1,376) and Saare County (€1,430) [2].
Median wages were most substantial in Information & Communication (€2,873) and Financial & Insurance Activities (€2,555). On the opposite end of the spectrum, the sectors with the lowest median wages were Real Estate Activities (€917) and Other Service Activities (€984) [1].
For a more detailed analysis, consult reports from Statistics Estonia, the official statistical agency of Estonia. They usually provide a comprehensive breakdown of earnings by occupation and economic activity [1]. Keep an eye out for quarterly or annual reports from the agency for more specific data on this matter. Happy researching! 📈📊📋
[1] I couldn't find specific details on the segmented breakdown of average and median monthly gross wages and salaries in Estonia by economic sector for Q1 2024. However, for a thorough picture of wages, it's advisable to refer to reports from national statistical agencies like Statistics Estonia, as they typically offer detailed breakdowns of earnings by occupation and economic activity.[2] Source: Statistics Estonia report (Q1 2024)
- The capital city, Tallinn, boasts the highest average monthly wage among Estonia's counties, closely followed by Harju County.
- The Information & Communication sector in Estonia recorded the highest average monthly wage, followed closely by the Financial & Insurance Activities sector.
- Conversely, the Real Estate Activities and Other Service Activities sectors had the lowest median wages in Estonia.
- Estonia's median wage, as of Q1 2024, stands at €1,553, with notable differences across various sectors and regions.
- Among key sectors, Public Administration & Defense had the third-highest average monthly wage, which was €2,517.
- In Q1 2024, the Health & Social Work sector witnessed the largest increase in wages (16.7%), followed by Agriculture, Forestry, & Fishing (13.7%).
