International Internet Magazine. Baltic States news & analytics
Sunday, 26.06.2016, 09:18
Statistics Lithuania presents a statistical publication Lithuania in Figures 2016. The bilingual (in Lithuanian and English) publication presents information on the economic and social development in Lithuania. Statistical information about the population, education, culture, health care, labour, industry, agriculture, construction, trade, transport, national accounts, etc. is presented in the tables, graphs and diagrams of the publication.
Keyword tags: Analytics, Employment, EU – Baltic States, Financial Services, Lithuania, Society, Wages
According to the results of a survey carried out by the Salary Information Agency, Estonian companies' employees are forecasting a 3.8-% rise in salaries by October, which means that the median net salary is to increase to 830 euros, reports LETA/BNS.
In the first quarter of 2016, housing affordability in Riga’s standard-design apartments decreased by 1.5 square meters to 52 square meters from the previous quarter due to seasonal changes and a further rise in apartment prices, LETA was told at SEB Banka.
In the first four months of the year 2016, the average monthly salary of teachers of municipal schools in Estonia was 1,135 euros, which marks a year-on-year rise of 6.3%, informs LETA/BNS.
Housing affordability in the first quarter of the year 2016 in Riga has considerably improved and still was the highest one among Baltic capitals, according to the latest Swedbank Baltic Housing Affordability Index (HAI). In Tallinn and Vilnius HAI also increased, writes LETA.
Unreported pay or the so called envelope wages make up 36.3% of all wages paid in the Latvian construction sector, which is significantly higher than Latvia's average figure of 17.9%, according to a study on shadow economy in construction conducted by the Latvian Partnership of Building Contractors, Business against Shadow Economy (BASE) NGO, and the Stockholm School of Economics in Riga (SSE Riga), cites LETA.
The Estonian state in 2015 lost taxes worth about 157.5 million euros in 2015 as a result of undeclared cash-in-hand wages, which is 41% more than in 2014, results of a study conducted by the Institute of Economic Research show, cites LETA/BNS.