Business in Lithuania (edition 2020)

Average monthly earnings

 

Photo from Pixabay.com

Over 2019, gross earnings in the whole economy increased by 8.8 per cent

In 2019, average gross monthly earnings in the whole economy (individual enterprises included) totalled EUR 1,296.4. Compared to 2018, average gross monthly earnings in the whole economy, eliminated the effect of the change of indexation in the existing gross earnings from 2019, increased by 8.8 per cent: in the public sector, average gross monthly earnings totalled EUR 1,370 (increased by 12.3 per cent), in the private sector – EUR 1,264.5 (increased by 7.3 per cent).

Over the year, an increase in average gross monthly earnings, eliminated the effect of the change of indexation in the existing gross earnings from 2019, was recorded in all economic activities: from 5.1 per cent (transportation and storage activities) to 13.5 per cent (human healthcare and social work activities).

Average net (after employee tax) monthly earnings in the whole economy totalled EUR 822.1, and against 2018, increased by 14.2 per cent: in the public sector, they amounted to EUR 864.4 (increased by 17.6 per cent), in the private sector – EUR 803.8 (increased by 12.7 per cent).

In 2019, compared to 2018, real earnings in the whole economy grew by 11.6 per cent: in the public sector – by 15, in the private sector – 10.2 per cent.

Changes in earnings were influenced by the following amendments to the tax system (since 1 January 2019): increased basic wages for politicians, judges, civil servants, public service employees and employees of budgetary institutions, increased minimum monthly wage, revised new system of wages of public service employees, changes in the procedure of calculating the tax-free amount, and other reasons.


Change in average monthly earnings¹ in the whole economy, 2010–2019

Per cent

__________________________
¹ From 1 January 2019, the rates of the state social insurance contributions paid by the employer and the employee were changed. Gross earnings were indexed 1.289 times. Change in earnings was calculated by eliminating the effect of the change of indexation in the existing gross earnings from 2019

The latest and detailed data are available in the Database of Indicators

 

Change in average gross monthly earnings¹ by sector, 2010–2019
Compared to the previous year

Per cent

__________________________
¹ From 1 January 2019, the rates of the state social insurance contributions paid by the employer and the employee were changed. Gross earnings were indexed 1.289 times. Change in earnings was calculated by eliminating the effect of the change of indexation in the existing gross earnings from 2019.

The latest and detailed data are available in the Database of Indicators

 

Indices of consumer prices and real earnings, 2013–2019

The latest and detailed data are available in the Database of Indicators

__________________________

More:

Average monthly earnings in the whole economy by economic activity, 2013–2019


For further terms, see the Dictionary of Statistical Terms.