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Moldova's real avg gross wage up 3.4% in 2023

Feb 29, 2024, 4:17:15 PMArticle by Bogdan Todasca
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February 29 (SeeNews) - The average gross monthly salary in Moldova edged up by a real 3.4% year-on-year to 12,354 lei ($693/641 euro) in 2023, the country's statistical office said on Thursday.

Moldova's real avg gross wage up 3.4% in 2023
Moldavian lei Author (SeeNews) License: all rights reserved.

In nominal terms, the average gross wage rose 17% last year, the National Bureau of Statistics said in a statement.

In the fourth quarter alone, the average monthly gross salary amounted to 13,401 lei, up by a nominal 16% on the year and by 10.3% in real terms.

The average gross salary in the public sector was 11,618.5 lei in the fourth quarter of 2023, jumping by 17% on the year in nominal terms. In the private sector, the gross wage was 14,024 lei, up by a nominal 16%.

In the fourth quarter of 2023, the information and communications technology (ICT) sector recorded the highest average gross salary at 31,367 lei, marking a 9.2% increase in nominal terms compared to the same period of the previous year. At the opposite end stood the accommodation and food services sector, with a gross wage of 8,163.4 lei, up by 10.8% on the year.

The average number of employees inched up by an annual 0.6% in the fourth quarter of 2023.

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

Q4 2023 annual change (%)
Avg total 13,401.1 +16.1
Agriculture, forestry and fishing 8,843.6 +14.7
Industry 12,065.2 +17.0
Construction 11,455.5 +14.0
ICT 31,367.0 +9.2
Financial sector 25,751.6 +12.3
Education 10,989.0 +16.7
Health and social insurance 15,804.0 +22.9

(1 euro= 19.284 Moldovan lei)

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