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

Commission closes investigation into agreement between Bratislava Airport and Ryanair

The European Commission has today decided to close the formal investigation procedure into the agreement between Bratislava Airport in Slovakia and Ryanair after concluding that the airport operator acted as a market economy investor and therefore no advantage has been granted to Ryanair. more »

Jamaica: Agriculture Ministry and World Bank to Assess Weather-Risk Model for Coffee Industry

The coffee industry of Jamaica represents one the largest earners of foreign exchange, approximately US$30 million in 2008. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Mauritius

On January 13, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mauritius. more »

IMF and World Bank Announce US$1.6 Billion in Debt Relief to Afghanistan

The World Bank's International Development Association and the International Monetary Fund have agreed to support US$1.6 billion in debt relief for the Islamic Republic of Afghanistan. more »

New study on "Public Goods provided by Agriculture in the European Union"

The Common Agricultural Policy plays a critical role in helping farmers to deliver environmental goods and services, provided that policies are targeted in the right way. more »

Commissioner Samecki encourages Croatia to use EU investment as a launch-pad for growth

Regional Policy Commissioner Paweł Samecki will meet Croatia's Prime Minister Jadranka Kosor and members of her government in Zagreb on 25-26 January to discuss the country's preparations for accession in the context of the EU cohesion policy. more »

Dominican Republic: World Bank approves US$20 Million to Foster Local Development through Municipalities

The World Bank Board of Directors today approved US$20 million for the Dominican Republic in support of the Municipal Development Project, which aims to improve the technical and financial capacity of local governments. more »

EIB supports with EUR 400 million development of automotive sector in Romania

The European Investment Bank (EIB) is lending EUR 400 million to Ford Romania SA for the expansion and refurbishment of the company’s existing car assembly plant located in Craiova in the South-West of Romania. more »

The Agriculture Council studies ways to improve the functioning of the food supply chain

The Agriculture Council of the European Union has examined ways to improve the functioning of the food supply chain with the ultimate aim of controlling the fluctuation in prices and ensuring a more equitative distribution of the added value throughout the chain. more »

806 construction workers in Lithuania to receive help from EU Globalisation Fund

The European Commission has today approved an application from Lithuania for assistance under the Globalisation Adjustment Fund (EGF). more »