Estonia’s net wages at 35 percent of EU average in 2010

28.06.2012, 10:02

According to a new wage report published by Eurostat this week, Estonians earned in average 537 euros a month in 2011 which is 35 percent of the EU27 average.

According to income data, Finns earned in average 2,037 euros a month net, at 132 percent of the EU average, while the figure in Germany was 2,108 euros and 137 percent of EU average.

Latvia’s net average monthly salary was 425 euros a month which is 28 percent of the EU average.

Lithuania’s figures were 370 euros and 24 percent, respectively.
Poland’s net average monthly salary was 432 euros which was 28 percent of the EU average.

Although Norway is not an EU member, its residents earn in average 2,755 euros net a month which is 179 percent of the EU average.

Also Switzerland and Luxembourg did well in the salary report with 2,412 euros and 2,291 euros, or 157 and 149 percent of the EU average.

According to the statistics, the lowest wages were paid in Romania and Bulgaria.

Romania’s average annual income at 297 euros a month was 19 percent of the EU average.

Bulgaria’s net salary was in average 190 euros a month which was only 12 percent of the EU.

As for price level, Estonia was at 79 percent of EU average. At the same time prices of consumer electronics and clothing sold in Estonia were at the average level of EU27.

Estonian prices in hotels and restaurants as well as food and alcohol prices were also well below the EU average.

Price level of Denmark was 142 percent of the EU average, followed by Sweden (128 percent) and Finland (125 percent).
The lowest prices were in Hungary (64 percent), Poland and Romania (both 60 percent) and Bulgaria (51 percent).

Food was most expensive in Denmark (136 percent of EU average) and the cheapest in Bulgaria (67 percent).

The most expensive clothing prices were in Sweden (133 percent) and the cheapest in Bulgaria (75 percent).