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Ministry of Finance, Statistical Service



30/03/2015
Latest Figures: Average Monthly Earnings of Employees by Quarter, 4th Quarter 2014

According to the preliminary estimations of the Statistical Service, the average gross monthly earnings of employees during the fourth quarter of 2014 amounted to €2.163 (males €2.323 and females €1.983).

In comparison with the fourth quarter of 2013, a decrease of 2,2% was recorded in the average monthly earnings of employees (males -2,7% and females -1,6%). The corresponding percentage change observed during the fourth quarter of 2013 was -3,3%.

In comparison with the third quarter of 2014 (seasonally adjusted data) there was a decrease of 0,4% in the average monthly earnings of employees (males -0,5% and females -0,2%). The corresponding percentage change observed during the fourth quarter of 2013 was -0,9%.

It should be noted that:

a) temporary contributions of employees of the private sector and officials and employees of the central government and the broad public sector and

b) deductions in earnings of officials and employees of the central government and the broad public sector,

do not affect the gross salary of employees but only their net income. Consequently, they are not reflected in the figures above.


RELATED TABLES

AVERAGE MONTHLY EARNINGS OF EMPLOYEES BY QUARTER













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