Estonia -Wage increase in 20 years totals 280% -August 4, 2014

The Institute of Economic Research (EKI) has calculated that the real wages in the country have increased 279% since 1993.

The Institute of Economic Research (EKI) has calculated that the real wages in the country have increased 279% since 1993. EKI estimates that the average gross wages will be 1,010 euro a month in 2014. In 2003, gross wages exceeded 400 euro and in 2008 they exceeded 800 euro. In 2007 the average wage fell to 784 euro. Between 1993 and 2008, wages were growing faster than inflation.

English: http://balticbusinessnews.com/article/2014/8/4/estonia-s-real-wages ...

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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