Analytics, Employment, Financial Services, Good for Business, Lithuania, Wages
International Internet Magazine. Baltic States news & analytics
Monday, 25.01.2021, 07:20
Lithuania's average gross wages rise by 10.2% in Q3
BC, Vilnius, 26.11.2020.
Print version
Print versionLithuania's average gross monthly wages rose by 10.4% in the third quarter of 2020 from a year ago to 1,454.8 euros, Statistics Lithuania said on Thursday, cites LETA/BNS.
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Average net monthly wages increased by 11.2% year-on-year to 927.9 euros.
The annual growth was driven by increases in the minimum monthly wage and the basic amount used for calculating public-sector salaries, and other factors, the statistics office said.
Month-on-month, gross wages rose by 4% and net wages were up by 4.4%.
Real wages grew by 10.1% over the year and by 4.5% quarter-on-quarter.
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