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2021.11.25 13:55

Lithuania posts 11-percent average wage growth

Erika Alonderytė, BNS2021.11.25 13:55

Significant increases in salaries were partly offset by high inflation, according to official.

Average labour income in Lithuania grew 161 euros, or 11.4 percent, in the third quarter of 2021 year-on-year, to 1,572 euros before tax, according to figures presented on Thursday by Lithuania's Social Insurance Fund Board, Sodra.

Meanwhile, labour income after tax increased by 95 euros, or 10.5 percent, to 998 euros. In August, average wage reached 1,000 euros, according to Sodra.

Kristina Žitikytė of Sodra's Statistics, Analysis and Forecast Unit said key factors behind the growth included increases in the minimum wage and in the basic salary rate for civil servants, and changes to the tax-exempt income calculation formula.

“However, real labour income in the third quarter was lowered by rising prices,” she told reporters on Thursday.

The biggest salary increases, 18 percent on average, were enjoyed in the public administration sector, including ministries, audit services and other public institutions. Salaries in the state border guard service rose from 1,607 euros to 1,927 euros before tax.

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