Home > Statistics > Wage and salary indices > 2019 > January > Wages and salaries sum grew by 4.8 per cent in November to January year-on-year

Published: 13 June 2019

Wages and salaries sum grew by 4.8 per cent in November to January year-on-year

According to Statistics Finland, the wages and salaries sum of the whole economy was 4.8 per cent greater in the November to January period than in the corresponding period twelve months earlier. In January, the wages and salaries sum of the whole economy grew by 4.4 per cent from the year before. One year previously in November to January, the wages and salaries sum of the whole economy increased by 4.0 per cent.

Three months’ year-on-year change in the wages and salaries sum, % (TOL 2008)

The wages and salaries sum increased faster than the whole economy in the industries of private health and social work (6.5%), construction (5.2%) and other services (5.0%). The increase in the wages and salaries sum was more moderate in the industries of manufacturing (3.7%), financial intermediation (3.2%), trade (3.1%) and private education (2.8%).

Wages and salaries sum grew by 5.5 per cent in November to January in the public sector year-on-year

The wages and salaries sum in the public sector was 5.5 per cent greater in November to January than twelve months earlier. The wages and salaries sum of the private sector was 5.0 per cent higher than in the corresponding period one year previously. In January, the wages and salaries sum in the public sector grew by 7.9 per cent and in the private sector by 3.7 per cent year-on-year. In the November to January period one year ago, the wages and salaries sum grew by 5.5 per cent in the private sector and by 1.3 per cent in the public sector from the year before.

Three months’ year-on-year change in the wages and salaries sum of the whole economy, and the private and the public sector, % (TOL 2008 and S 2012)

The wages and salaries sum refers to the sum total of the gross wages and salaries paid to employees without incentive stock options. The wages and salaries sum is influenced by changes in employment and in the earnings level of wage and salary earners.

Data for January 2019 are published using new source data

Statistics Finland publishes wage and salary indices for January 2019 in June 2019. The data used are the data reported to the Incomes Register that have been deficient in the early part of 2019 due to deficiencies in the reports. The January data that are published now can become revised as the wage and salary reports in the Incomes Register are supplemented with data for January. Read more about the change: Changes in these statistics .

Source: Wage and salary indices, Statistics Finland

Inquiries: Anna Mustonen 029 551 3651, palvelut.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Year-on-year change in the sum of wages and salaries by industry and sector, % (TOL 2008 and S 2012) (13.6.2019)

Figures

• Appendix figure 1. Trends in the sum of wages and salaries by industry (TOL 2008) (13.6.2019)
• Appendix figure 2. Trends in the sum of wages and salaries by sector (S 2012) (13.6.2019)

Revisions in these statistics

• Revisions in these statistics (13.6.2019)

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Updated 13.6.2019