Average Salary in Estonia 2024

Explore the salary landscape in Estonia with insights on the pay scale, wage gap, salary yearly increments, and breakdown over education level or year of experience. Discover the dynamics shaping the earning potential in this vibrant Baltic nation, as we shed light on the intricacies of the Estonian job market. Gain valuable knowledge to navigate the complexities of salary expectations and market trends, ensuring you stay abreast of the evolving employment landscape in Estonia.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Estonia in 2024?

What is the average salary in Estonia in 2024?
2,000EUR
(EUR 23,600 yearly)
Low 890 EUR
Average 2,000 EUR
High 8,700 EUR
You can expect to earn around EUR 2,000 per month if you work in Estonia. Keep in mind that salaries can range from EUR 890 (lowest average) to EUR 8,700 (highest average, actual maximum salary is higher). This average salary includes housing, transport, and other benefits. Salaries differ greatly depending on the career. For detailed salary information on specific job titles, please refer below.
In comparison with average salary in Estonia in 2023, salaries changed by +1.4% so far. Looking ahead, economists project a gradual recovery in the job market. The comprehensive comparison between 2023 and 2024 will be conducted at the year's end.

Pay Scale and Salaries in Estonia

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than EUR 8,700, 75% of the people earn EUR 2,800 or less. 50% employees earn less EUR 1,900 or less, 25% of the employees earn less than EUR 1,500.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than EUR 8,700, 75% of the people earn EUR 2,800 or less. 50% employees earn less EUR 1,900 or less, 25% of the employees earn less than EUR 1,500.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Estonia the minimum salary is EUR 890.

Median Salary

Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. In Estonia the median salary is EUR 1,600.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Estonia the salary ranges from EUR 890 to EUR 8,700.

Annual Salary Increments in Estonia

What is the average annual salary increment in the Estonia? How frequently do employees receive salary raises?

In 2024, the average salary increase for employees in Estonia was around 1.4%. It's important to highlight that this figure is an average across all job sectors. Globally, the average for 2024 is 1.4%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 the workforce in Estonia experienced approximately 1.4% salary growth. It's important to highlight that this figure represents the average across diverse job sectors. Globally, the average salary increase for 2024 stands at 1.4%.

Historical Graph of Annual Salary Increments in Estonia

On an average, employees in Estonia have received a salary increase ranging from 1.4% to 10.3% per year in recent years. This translates to an average increment of 6.8% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Estonia received in recent years salary increase from 1.4% to 10.3% on average per year. It means 6.8% increment per year on average.

Salary Forecast and Trends for the Future in Estonia

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 7.0%. Estimated range is between 3.8% and 10.7%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 7.0%. Estimated range is between 3.8% and 10.7%.

Gender Wage Gap in Estonia

What is the difference in pay between mens and womens? Men vs. women salary comparison.

In Estonia, the actual wage gap amounts to 20.4%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay gap in Estonia is currently 20.4%.
It's due to many factors, such as:
  • Sexism.
  • On average, women take 10% longer vacations than men each year.
  • Women are less likely than men to have a college degree.
  • Men are less likely than women to assume caregiving responsibilities for children and elderly relatives.
  • Women are generally more inclined to work part-time, with part-time workers typically earning less than full-time workers.
  • Compared to men, women have a higher likelihood of working in lower-paying occupations.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Alongside financial advantages, pursuing a bachelor's degree fosters personal growth, develops critical thinking skills, and offers the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and promotes the cultivation of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. signifies an unwavering commitment to intellectual growth and the pursuit of a rewarding and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 5%-9%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 18%-22% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 5%-9%. Expertise and leadership yield higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 18%-22% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Estonia

What is the average hourly wage in the Estonia?

Average Hourly Wage
12EUR
Low 5 EUR
Average 12 EUR
High 51 EUR

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages may make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks typically associated with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can interrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions are sometimes more susceptible to layoffs, downsizing, or changes in demand, which can lead to job insecurity compared to salaried positions.
  • Limited career advancement: In certain cases, hourly positions may have limited prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Estonia

What are the best paying jobs in Estonia?

List with best paid jobs in EstoniaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Estonia?

  1. Surgeon (EUR 8,600)
  2. Doctor (EUR 7,800)
  3. Chief Executive Officer (CEO) (EUR 7,400)
  4. Registered Nurse Anesthetist (EUR 7,200)
  5. Dentist (EUR 6,900)
  6. Airline Pilot (EUR 6,700)
  7. Intellectual Property Lawyer (EUR 6,500)
  8. Marketing Manager (EUR 5,700)
  9. Marketing Director (EUR 5,700)
  10. Sales Director (EUR 5,400)
  11. Sales Manager (EUR 5,400)
  12. Petroleum Engineer (EUR 5,300)
  13. Brand Manager (EUR 5,200)
  14. Marketer (EUR 5,200)
  15. Judge (EUR 5,100)
  16. Treasurer (EUR 5,100)
  17. Controller (EUR 5,100)
  18. Pharmacist (EUR 4,900)
  19. Tax Lawyer (EUR 4,900)
  20. Lawyer (EUR 4,900)
List with worst paid jobs in EstoniaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Estonia?

  1. Cashier (EUR 1,000)
  2. Childcare Worker (EUR 1,000)
  3. Stock clerk (EUR 1,000)
  4. Elder Care Worker (EUR 1,000)
  5. Receptionist (EUR 1,100)
  6. Bartender (EUR 1,200)
  7. Food and beverage server (EUR 1,200)
  8. Janitor (EUR 1,200)
  9. Waiter (EUR 1,200)
  10. Tour Guide (EUR 1,200)
  11. Customer Service Representative (EUR 1,400)
  12. Hotel Concierge (EUR 1,500)
  13. Rehabilitation Counselor (EUR 1,500)
  14. Travel Agent (EUR 1,600)
  15. Secretary (EUR 1,600)
  16. Painter (EUR 1,700)
  17. Carpenter (EUR 1,800)
  18. Bus Driver (EUR 1,800)
  19. Artist (EUR 1,800)
  20. Truck Driver (EUR 1,800)
List with best paid industries in EstoniaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (EUR 5,500)
  2. Business and Management (EUR 4,700)
  3. Marketing and Sales (EUR 4,300)
  4. Engineering (EUR 4,000)
  5. Law (EUR 3,800)
  6. Accounting and Finance (EUR 3,800)
  7. Computer and Information Technology (EUR 3,700)
  8. Transportation and Logistics (EUR 3,600)
  9. Science (EUR 3,600)
  10. Education and Training (EUR 3,000)
  11. Other (EUR 2,200)
  12. Hospitality and Tourism (EUR 1,900)
  13. Social Services (EUR 1,500)
  14. Services (EUR 1,400)