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International Internet Magazine. Baltic States news & analytics Monday, 05.05.2025, 02:43

In Q1, gross earnings in the whole economy in Lithuania decreased to LTL 2315.9

Virginija Bankietiene , Statistics Lithuania, 26.05.2014.Print version
Statistics Lithuania informs that in I quarter 2014 average gross monthly earnings in the whole economy (individual enterprises excluded) totalled LTL 2315.9 and against IV quarter 2013, decreased by 1%: in the public (1) and private sectors – LTL 2414.1 and 2260.9 respectively (decreased by 1.7 and 0.6% respectively).

Average net monthly earnings in the whole economy amounted to LTL 1804 and against IV quarter 2013, decreased by 0.3%: in the public sector – LTL 1875 (decreased by 1%), in the private sector – LTL 1764 (increased by 0.2%). Net monthly earnings were influenced by the change of the procedure for the calculation of the tax-exempt amount of income and additional tax-exempt amount of income provided in the Law on Income Tax of Individuals of the Republic Lithuania from 1 January 2014.

 

In I quarter 2014, against IV quarter 2013, real earnings in the whole economy dropped by 0.2%: in the public sector – decreased by 0.9%, in the private sector – increased by 0.3%.

 

In I quarter 2014, against IV quarter 2013, the decrease in earnings was determined by a smaller irregular premiums, bonuses, lump sum benefits and other reasons.

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1 Public sector covers budgetary institutions and organisations (educational, health care, social work, cultural, public administration, etc.), public establishments, enterprises where state and municipal property makes up 50% or more of authorised capital.


Average monthly earnings (2) in the whole economy, by quarter

2 Individual enterprises excluded


Over the year, faster growth in gross earnings was observed in private sector than in public sector

In I quarter 2014, against I quarter 2013, average gross monthly earnings in the whole economy increased by 3.7%: in the public sector – 3.2%, in the private sector – 4.2%.


Over the year, average net monthly earnings in the whole economy increased by 4.2%: in the public sector – 3.6%, in the private sector – 4.7%.

 

Over the year, real earnings in the whole economy increased by 4%: in the public sector – 3.4%, in the private sector – 4.5%. The increase in the real earnings was determined by the growth in net earnings, which was faster than the increase in prices for consumer goods and services.


In I quarter 2014, gross earnings increased in 5 economic activities, decreased – in all the rest

In I quarter 2014, against IV quarter 2013, average gross monthly earnings in the whole economy decreased the most in the enterprises engaged in mining and quarrying (10.5%), electricity, gas, steam and air conditioning supply (5.5%), construction (4.1%), increased – in those engaged in financial and insurance activities (12.4%), information and communication (2.9%).

 

Over the year, the average gross monthly earnings in the whole economy grew in all economic activities, except other service activities (decreased by 0.9%).


Table 1. Average monthly earnings (2) by sector and sex of employees, I quarter 2014, LTL

 

Gross

Net

total

males

females

total

males

females

Whole economy

2 315.9

2 498.8

2 141.7

1 803.7

1 935.6

1 678.1

Public sector

2 414.1

2 744.2

2 236.6

1 874.5

2 112.5

1 746.5

Private sector

2 260.9

2 413.7

2 062.1

1 764.0

1 874.3

1 620.8


Table 2. Indices of average monthly earnings (2) by sector and sex of employees, I quarter 2014

 

Previous quarter  – 100%

Respective quarter of the previous year –
100%

total

males

females

total

males

females

Gross

 

 

 

 

 

 

Whole economy

99.0

99.1

98.9

103.7

104.1

103.2

Public sector

98.3

99.1

97.8

103.2

104.3

102.5

Private sector

99.4

99.2

100.0

104.2

104.2

104.1

Net

 

 

 

 

 

 

Whole economy

99.7

99.7

99.8

104.2

104.4

103.8

Public sector

99.0

99.5

98.7

103.6

104.5

103.1

Private sector

100.2

99.8

100.9

104.7

104.6

104.8

Real

 

 

 

 

 

 

Whole economy

99.8

99.8

99.9

104.0

104.2

103.6

Public sector

99.1

99.6

98.8

103.4

104.3

102.9

Private sector

100.3

99.9

101.0

104.5

104.4

104.6

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2 Less individual enterprises


Over I quarter 2014, the average number of employees in the whole economy increased by 1.8%

In I quarter 2014, against IV quarter 2013, the average number of employees in the whole economy grew by 20.8 thousand (1.8%): in the public sector – decreased by 2.2 thousand (0.6%), in the private sector – increased by 23 thousand (3.1%). The most noticeable increase in the number of employees in the whole economy was observed in the enterprises engaged in accommodation and food service activities (5.6%), professional, scientific and technical activities (5.3%), transport and storage (4.8%).

 

Over the year, the average number of employees in the whole economy increased by 35.1 thousand (3.1%). It was conditioned by a 5% increase in the average number of employees in the private sector. In the public sector, the average number of employees dropped by 0.4%.


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 Indices.








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