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

First woman wins Nobel Economics

Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics. more »

435 construction workers in the Netherlands to receive help from EU Globalisation Fund

The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs. more »

Lithuanian biotech products conquer China

Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China. more »

Foreign trade of Lithuania in January– August 2009

Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion. more »

AB „Finasta Holding“ will control „Finasta“ group and other companies of bank SNORAS group, engaging in financial investment activity

On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management. more »

Bust airlines - MEPs back compensation for grounded passengers

If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund. more »

Crisis lessons

Euro report says currency provided protection from interest and exchange rate turbulence. more »

Prices for industrial production in September 2009 dropped by 1.6 per cent

Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent. more »

IFIs pledge continued drive to support Central and Eastern Europe through recovery

The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe. more »

DnB NORD Bank to approve new note issue programme

The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months. more »