The structure of earnings statistics (STADAT) tables has been renewed
Average gross earnings amounted to HUF 322,400
In April 2018, average gross earnings amounted to HUF 340,600, 12.6% higher than a year earlier. In January–April 2018, average gross earnings amounted to HUF 322,400 and average net earnings to HUF 214,400, both of them grew to the same extent, by 12.4% compared to the same period of the previous year. Rises of 8.2% in the minimum wage and 12% in the guaranteed minimum wage as well as salary adjustments affecting specific areas of the public sector and the employees of some state owned public service companies had an impact on earnings growth.
In April 2018:
Full-time employees’ average gross nominal earnings – as defined by the Hungarian Central Statistical Office – amounted to HUF 340,600 at corporations employing at least 5 persons, budgetary and designated non-profit institutions.
Average net earnings were HUF 226,500 excluding family tax benefits and HUF 235,000 including them.
Both gross earnings and net earnings grew by 12.6% compared to the same period of the previous year.
In January–April 2018:
Full-time employees’ average gross nominal earnings – as defined by the Hungarian Central Statistical Office – at corporations employing at least 5 persons, budgetary and designated non-profit institutions amounted to HUF 322,400 and to HUF 335,000 excluding fostered workers.
Average gross earnings were the highest in financial and insurance activities (HUF 625,900) and the lowest (HUF 206,500) in accommodation and food service activities.
Regular gross earnings (gross earnings without premiums and one-month bonuses) amounted to HUF 298,800.
Average net earnings – excluding family tax benefits – were HUF 214,400, as defined by the Hungarian Central Statistical Office. In 2018, family tax benefits rose further in case of families with two children. Taking into account family tax benefits, average net earnings are estimated to be HUF 222,900.
A part of employees at budgetary institutions and non-profit organisations – about 80 thousand persons – received a compensation not belonging to wages and salaries for changes in taxes. The average amount of the compensation was HUF 8,500 at budgetary and HUF 7,500 at non-profit institutions.
Both gross earnings and net earnings without family tax benefits grew to the same extent, by 12.4%, while regular gross earnings increased less than that, by 11.4% compared to the previous year.
Along with the 2.1% rise in consumer prices compared to the same period of the previous year, real earnings increased by 10.1%.
Monthly average gross wages and salaries according to the SNA concept amounted to HUF 337,900, which were 12.4% higher than a year earlier. Within this indicator, the share of other wages and salaries was 4.6% on the average.
Average monthly earnings, January – April 2018
Sector | Total | Without fostered workers | ||
---|---|---|---|---|
average earnings, HUF | change compared to the corresponding period of the previous year, % | average earnings, HUF | change compared to the corresponding period of the previous year, % | |
Gross earnings | ||||
Business sector | 333 800 | 10.8 | 334 600 | 10.7 |
Budgetary institutions | 203 000 | 16.5 | 342 800 | 13.7 |
Non-profit institutions | 272 400 | 10.4 | 294 700 | 10.4 |
National economy total | 322 400 | 12.4 | 335 000 | 11.4 |
Of which: | ||||
fostered workers | 82 300 | 0.8 | x | x |
Net earnings | ||||
Business sector | 222 000 | 10.8 | 222 500 | 10.7 |
Budgetary institutions | 201 500 | 16.5 | 228 000 | 13.7 |
Non-profit institutions | 181 100 | 10.4 | 196 000 | 10.4 |
National economy total | 214 400 | 12.4 | 222 800 | 11.4 |
Of which: | ||||
fostered workers | 54 700 | 0.8 | x | x |