Working Life Barometer in the Baltic Countries 2002 (pdf) - mol.fi

94
make the same purchase in Estonia, Latvia or Lithuania? According to the
World Bank, the gross national incomes of the Baltic countries in dollars per
capita, adjusted for purchasing power parity, have developed as follows:
Gross national income/purchasing power
parity per capita ($) 1
1998 1999 2000
Estonia 7 563 8 190 9 340
Latvia 5 777 6 220 7 070
Lithuania 6 283 6 490 6 980
Source World Bank: World Development Report 2002
http//www.stat.fi/tk/tp/maailmanumeroina/
In the year 2000 the gross national income per capita, adjusted for purchasing
power parity, was higher in Estonia than in Latvia and Lithuania. Corresponding
data for 2001 are not available, but we will see below that the income
differences in 2001 had evidently levelled out a little, especially between
Estonia and Latvia.
In the following, in order to by-pass the fluctuations caused by the external
values of currency, we will examine the changes in salary level for each Baltic
country separately. To control the effect of the countries' price level and internal
inflation, the salary data for each country have been deflated to the 1998
level by using consumer price indices.
The yearly changes in the consumer price
index compared with the previous year
1999 2000 2001
Estonia 3.3 % 4.0 % 5.8 %
Latvia 2,4 % 2.6 % 2.5 %
Lithuania 0.8 % 1.0 % 1.3 %
Source: Lithuania, Latvia and Estonia – Key indicators 1999 – 2001.
Statistics Lithuania.
1 Corresponding figures for the year 2000: Finland 24 570 $ and USA 34 100 $