Estonia posts fastest wage growth in the Baltics

05.06.2012, 10:32

In the first quarter of 2012, average wages and salaries in Estonia increased 6.9 percent, from EUR 792 to 847, year on year.

During the same period, average wages in Latvia went up 3.7 percent from EUR 640 to EUR 664.

In Lithuania, average wages and salaries rose 3.2 percent from EUR 600 to EUR 619.

Estonia was also on top by the ratio of net wages to gross wages with 80 percent (EUR 677), followed by Lithuania (78 percent, EUR 481), and Latvia (71 percent, 473 euros).