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Moldova's real avg gross wage up 10% y/y in Q1

May 31, 2024, 4:18:33 PMArticle by Bogdan Todasca
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May 31 (SeeNews) - The average gross monthly wage in Moldova rose by a real 10% on the year to 13,170.3 lei ($744.2/687.9 euro) in the first quarter of 2024, the country's statistical office said on Friday.

Moldova's real avg gross wage up 10% y/y in Q1
Moldavian lei Author (SeeNews) License: all rights reserved.

In nominal terms, the average gross wage was 14.7% higher year-on-year in the first three months of 2024, the National Bureau of Statistics said in a statement.

The average gross salary in the public sector was 11,319 lei in the first quarter, up 15.7% on the year in nominal terms. In the private sector, the gross wage was 13,818.5 lei in January-March, up by an annual 14.3%.

The highest average gross salary in the three months through March 2024 was registered in information and communications technology (ICT), reaching 32,372.5 lei after an annual increase of 8.5% in nominal terms. Despite an annual jump of 16.4%, at the opposite end stood the agriculture, forestry and fishery sector, with an average gross monthly wage of 8,201.8 lei. Average gross monthly wages in the real estate sector saw the highest annual increase, of 19.7%, reaching 10,983.2 lei.

The average number of employees inched down by 0.1% on the year in January-March.

Details on gross salary (in lei) in Moldova follow:

Q1 2024 nominal annual change (%)
Avg total 13,170.3 14.7
Agriculture, forestry and fishery 8,201.8 16.4
Industry

11,955.1

17.4
Construction

11,231.7

14.8
ICT

32,372.5

8.5
Financial, insurance services

24,513.5

12.9
Real estate 10,983.2 19.7

11,955.1

11,231.7

32,372.5

24,513.5

The average gross monthly wage in Moldova increased by a real 3.4% on the year to 12,354 lei in 2023.

(1 euro= 19.1455 Moldovan lei)

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