Financial Manager salary in Estonia

The average financial manager salary in Estonia in 2024 is EUR 45,500 per year (EUR 3,792 per month, or EUR 875 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

Financial Managers in Estonia earn between EUR 29,600 and EUR 66,000 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

A financial manager in Estonia earns approximately EUR 3,792 per month (gross) in 2024, based on an annual average of EUR 45,500. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Estonia.

Entry-level financial managers in Estonia typically earn between EUR 29,600 and EUR 38,700 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Yes. Based on available data, Financial Manager salaries in Estonia have grown by approximately 22% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Among Europe countries in our dataset, Luxembourg offers the highest average financial manager salary at EUR 91,100 per year in 2024. Estonia ranks 9 in the region with EUR 45,500/yr.

Whether EUR 45,500 per year is a good financial manager salary in Estonia depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

Estonia's financial manager salary of EUR 45,500/yr is below all other Europe countries tracked for this occupation in 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.