Real earnings in the whole economy in 2007 increased by 17 per cent

Published: 21 September 2008 y., Sunday

Augimas
Statistics Lithuania informs that real earnings in the whole economy, individual enterprise included, in 2007 compared to 2006 increased by 17 per cent, in the public sector – by 13 per cent, in the private sector – by 19.9 per cent.

Average gross monthly earnings in the whole economy, individual enterprise included, in 2007 made LTL 1802.4 and compared to the previous year went up by 20.5 per cent; in the public sector, they were LTL 1891.9 and against 2006 grew by 15.9 per cent, while in the private sector they equaled LTL 1755.9 and against 2006 increased by 23.8 per cent.

In 2007, the most rapid increase in gross earnings was recorded in construction – 28.9 per cent, in hotels and restaurants – 24.8 per cent, wholesale and retail trade – 23.5 per cent.

The highest gross earnings in 2007 were received by the employees working in financial intermediation – LTL 3637.5, public administration and defence; compulsory social security – LTL 2491.3, mining and quarrying – LTL 2379.5. The lowest earnings were in hotels and restaurants – LTL 1033.8, agriculture, hunting and forestry – LTL 1411.2, other community, social and personal service activities – LTL 1501.

The increase in the average gross monthly earnings, individual enterprises included, was conditioned by the rise in wages and salaries since 1 January 2007 for the employees in budgetary institutions and organisations, as well as the rise in the minimum monthly salary and minimum hourly wage since 1 July 2007.

In 2007, the highest gross earnings were paid to employees in Vilnius county – LTL 2075.6, Klaipėda county – LTL 1764.8, Telšiai county – LTL 1735.7, Kaunas county – LTL 1720.2, while the lowest – in Tauragė county (LTL 1332.5).

The most rapid increase in average gross monthly earnings, individual enterprises included, in 2007 against 2006 was in these counties: Alytus – 22.7 per cent, Kaunas – 21.8 per cent, Šiauliai – 20.9 per cent, Tauragė – 20.7 per cent, while the slowest – in Utena county (16.7 per cent).

Average monthly net earnings in the whole economy, individual enterprises included, in 2007 made LTL 1351.9 and compared to 2006 increased by 23.7 per cent; in the public sector, they made LTL 1414.5 and compared to 2006 grew by 19.4 per cent; in the private sector, they made LTL 1319.3 and compared to 2006 grew by 26.7 per cent. A more rapid increase in net earnings was influenced by the increased basic non-taxable income rate (from LTL 290 to LTL 320) and the reduced income tax rate.

The average number of employees in the whole economy, individual enterprises included, in 2007 made 1163.7 thousand, and compared to 2006 increased by 3.8 per cent; in the private sector, it made 765.8 thousand and compared to 2006 increased by 6.5 per cent; in the public sector, it was 397.8 thousand and compared to 2006 decreased by 1.2 per cent.

Šaltinis: www.stat.gov.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

FDI in Lithuania Grew by 5 % and Lithuania’s Investment Abroad Increased by 14 %

Statistics Lithuania has calculated that, based on provisional data, FDI in Lithuania in 2009 amounted by 5.3 % more than in 2008. Also, direct investment of Lithuanian enterprises abroad grew by 13.9 % in 2009. more »

Fish industry voices concern over foreign fish and falling prices

Concerns about foreign fish being sold in Europe and what to do about the future of Europe's fisheries industry were aired in a hearing held by the Fisheries Committee on 8 April. more »

Future of European agriculture - have your say

EU opens public debate on its agricultural policy, the prelude to a major reform in 2013. more »

Commission launches €35 million call for projects that turn environmental challenges into business opportunities

The European Commission today launched a €35 million call for eco-innovation projects to be funded under the Competitiveness and Innovation Programme. more »

Bank SNORAS group consolidates the activity of the Baltic investment companies

Bank SNORAS group company Finasta Holding recruits all funds management and investment companies of the group in the Baltic States. more »

European Central Bank and European Commission hold joint conference on "financial integration and stability: the legacy of the crisis"

The European Central Bank (ECB) and the European Commission are jointly holding a high-level conference on financial integration and stability at the ECB’s premises in Frankfurt am Main. more »

12 April 2010 - ECB signals a gradual recovery of the European financial integration process

Today, the European Central Bank (ECB) is publishing its fourth Report on Financial Integration in Europe, which notes the return towards integration in the European financial markets. more »

World Bank Group: Record US$100 Billion Response Lays Foundation for Recovery from Global Economic Crisis

World Bank Group financial commitments since July 2008, just before the full fury of the financial crisis hit, reached US$ 100 billion today as the institution helped countries respond to and recover from the global downturn. more »

IMF Executive Board Concludes 2010 Article IV Consultation with Serbia

On March 31, 2010, the Executive Board of the International Monetary Fund concluded the Article IV consultation with Serbia. more »

United Kingdom Contributes US$7.5 Million to Support IMF Technical Assistance in Statistics in Africa

The International Monetary Fund and the United Kingdom’s Department for International Development have launched a new project to improve macroeconomic statistics in 23 African countries. DFID will provide US$7.5 million over the next five years to support the project. more »