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According to Statistics Estonia, in the fourth quarter of 2023, the average monthly gross wages and salaries were 1,904 euros, which is 9.7% higher than in the same quarter the year before. In 2023 as a whole, the average monthly gross wages and salaries were 1,832 euros, up by 11.3% compared with 2022. The median monthly gross wages were 1,578 euros in the fourth quarter of 2023 and 1,501 euros in 2023 overall.

According to Statistics Estonia, in the third quarter of 2023, the dwelling price index decreased by 0.3% compared with the second quarter and increased by 3.8% compared with the third quarter of 2022.

According to Statistics Estonia, the average gross monthly wages and salaries in the first quarter of 2023 were 1,741 euros, which is 13.3% higher than at the same time last year. The median wages, however, were 1,424 euros. The average real wages in the first quarter of 2023 were 1,443 euros, 3.2% lower than last year.

According to Statistics Estonia, in 2023, the gross hourly earnings of female employees were 13.1% smaller than the earnings of male employees. The gender pay gap decreased by 4.6 percentage points year on year.

According to Statistics Estonia, the year-on-year growth of the gross domestic product (GDP) of Estonia was 4.5% in the first quarter of 2019.

According to Statistics Estonia, the average monthly gross wages and salaries in the second quarter of 2023 were 1,873 euros, which is 12.4% higher than in the same quarter last year. The median wages were 1,524 euros in the second quarter this year.

According to Statistics Estonia, in the second quarter of 2023, the dwelling price index increased by 5% compared with the second quarter of 2022 and by 3.8% compared with the first quarter of 2023.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew by 3.7% in the 2nd quarter of 2018 compared to the same period of the previous year.

According to Statistics Estonia, in 2023, the dwelling price index increased by 5.9% compared with the average of 2022. The last time that the annual growth of the dwelling price index, which is calculated as the average of four quarters, was this low was in 2018.