Analytics, Financial Services, Lithuania, Markets and Companies, Wages
International Internet Magazine. Baltic States news & analytics
Thursday, 28.03.2024, 17:12
In Q2, net average earnings in Lithuania grew to EUR 553.8
Against I quarter 2015, average gross monthly earnings in the whole economy grew by 2%: in the public sector – 2.5%, in the private sector – 1.8%.
Average net monthly earnings in the whole economy amounted to EUR 553.8, and against I quarter 2015, grew by 1.9%: in the public sector – EUR 571.2 (increased by 2.3%), in the private sector – EUR 544.7 (increased by 1.6%).
In II quarter 2015, against I quarter 2015, real earnings in the whole economy grew by 0.5%: in the public and private sectors – by 0.9 and 0.2% respectively.
In II quarter 2015, against I quarter 2015, the increase in earnings was determined by lager number of working hours, seasonal fluctuations and other reasons.
Fig. 1. Average monthly earnings (1) in the whole economy, by quarter |
1 Less individual enterprises
Over the year, gross earnings in the whole economy grew by 4.6%
In II quarter 2015, against II quarter 2014, average gross monthly earnings in the whole economy increased by 4.6%: in the public sector – 3.5%, in the private sector – 5.4%.
Over the year, average net monthly earnings in the whole economy increased by 4.4%: in the public sector – 3.3%, in the private sector – 5.1%.
Over the year, real earnings in the whole economy increased by 5.1%: in the public sector – 4%, in the private sector – 5.8%.
Fig. 2. Change in average gross monthly earnings (1) by sectors, quarters, compared with the respective quarter of the previous year, % |
1 Less individual enterprises
In II quarter 2015, an increase in gross earnings was observed in almost all economic activities
In II quarter 2015, against I quarter 2015, average gross monthly earnings in the whole economy grew the most in enterprises engaged in electricity, gas, steam and air conditioning supply (10.1%), human health and social work activities (4.4%), mining and quarrying (4.3%), while decreased – in those engaged in financial and insurance activities (4%) and information and communication (1.1%).
Over the year, the average gross monthly earnings in the whole economy grew in all economic activities.
Fig. 3. Average gross monthly earnings1 by economic activity, II quarter 2015 |
Fig. 4. Change in average gross monthly earnings1 by economic activity, II quarter 2015, compared to the previous quarter, % |
Compared to the respective quarter of 2014 |
Economic activities according to the Statistical Classification of Economic Activities:
A – Agriculture, forestry and
fishing
B – Mining and quarrying
C – Manufacturing
D – Electricity, gas, steam and air conditioning supply
E – Water supply; sewerage, waste management and remediation activities
F – Construction
G – Wholesale and retail trade; repair of motor vehicles and motorcycle
H – Transportation and storage
I – Accommodation and food service activities
J – Information and communication
K – Financial and insurance activities
L – Real estate activities
M – Professional, scientific and technical activities
N – Administrative and support service activities
O – Public administration and defence; compulsory social security
P – Education
Q – Human health and social work activities
R – Arts, entertainment and recreation
S – Other service activities
Table 1. Average monthly earnings (1) by sector and sex of employees, II quarter 2015, EUR
|
Gross |
Net |
||||
total |
males |
females |
total |
males |
females |
|
Whole economy |
713.9 |
772.0 |
657.6 |
553.8 |
595.7 |
513.2 |
Public sector |
738.1 |
834.2 |
686.3 |
571.2 |
640.5 |
533.9 |
Private sector |
701.3 |
752.0 |
635.1 |
544.7 |
581.2 |
496.9 |
1 Less individual enterprises
Table 2. Indices of average monthly earnings (1) by sector and sex of employees, II quarter 2015
|
Previous quarter – 100% |
Respective quarter of the previous year – 100% |
||||
total |
males |
females |
total |
males |
females |
|
Gross |
|
|
|
|
|
|
Whole economy |
102.0 |
101.8 |
102.1 |
104.6 |
104.8 |
104.5 |
Public sector |
102.5 |
102.4 |
102.5 |
103.5 |
103.1 |
103.8 |
Private sector |
101.8 |
101.7 |
101.7 |
105.4 |
105.5 |
105.3 |
Net |
|
|
|
|
|
|
Whole economy |
101.9 |
101.7 |
101.9 |
104.4 |
104.5 |
104.2 |
Public sector |
102.3 |
102.3 |
102.3 |
103.3 |
103.0 |
103.5 |
Private sector |
101.6 |
101.6 |
101.6 |
105.1 |
105.2 |
104.9 |
Real |
|
|
|
|
|
|
Whole economy |
100.5 |
100.3 |
100.5 |
105.1 |
105.2 |
104.9 |
Public sector |
100.9 |
100.9 |
100.9 |
104.0 |
103.7 |
104.2 |
Private sector |
100.2 |
100.2 |
100.2 |
105.8 |
105.9 |
105.6 |
1 Less individual enterprises
Over II quarter 2015, the average number of employees in the whole economy increased by 0.8%
In II quarter 2015, against I quarter 2015, the average number of employees in the whole economy grew by 9.9 thousand (0.8%): in the public sector – by 2.4 thousand (0.6%), in the private sector – by 7.5 thousand (0.9%). The most noticeable increase in the number of employees in the whole economy was observed in the enterprises engaged in construction (2.8 thousand), administrative and support service activities (2.7 thousand), accommodation and food service activities (1.2 thousand).
Over the year, the average number of employees in the whole economy increased by 29.4 thousand (2.5%). It was conditioned by a 32.7 thousand (4.2%) increase in the average number of employees in the private sector. In the public sector, the average number of employees dropped by 3.3 thousand (0.8%).
Concepts
Gross earnings – remuneration in cash covering the basic wage and bonuses, payable by the employer to the employee directly, including social insurance contributions and individual income tax payable by the employee. Material and temporary unemployment benefits paid irrespective of the source of finance, compensation for unused annual leave, severance pays and similar benefits are excluded.
Net earnings – remuneration in cash covering the basic wage and bonuses, payable by the employer to the employee directly, excluding social insurance contributions and individual income tax payable by the employee.
Index of real earnings – a relative indicator reflecting the change in net earnings after the influence of the change in prices for consumer goods and services has been eliminated.
More information on the issue is available in the Database of Indicators of
Statistics Lithuania.