The structure of earnings statistics (STADAT) tables has been renewed
Average gross earnings amounted to HUF 323,400
In May 2018, average gross earnings amounted to HUF 327,500, 10.9% higher than a year earlier. In January–May 2018, average gross earnings amounted to HUF 323,400 and average net earnings to HUF 215,000, both of them grew to the same extent, by 12.1% compared to the same period of the previous year. Rises of 8% 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 May 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 327,500 and to HUF 340,000 excluding fostered workers.
Average net earnings were HUF 217,800 excluding family tax benefits and HUF 226,300 including them.
Both gross earnings and net earnings grew by 10.9% compared to the same period of the previous year.
In January–May 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 323,400 and to HUF 336,000 excluding fostered workers.
Average gross earnings were the highest in financial and insurance activities (HUF 610,800) and the lowest (HUF 208,100) in accommodation and food service activities.
Regular gross earnings (gross earnings without premiums and one-month bonuses) amounted to HUF 300,800.
Average net earnings – excluding family tax benefits – were HUF 215,000, 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 223,600.
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 8,400 at budgetary and HUF 7,400 at non-profit institutions.
Both gross earnings and net earnings without family tax benefits grew to the same extent, by 12.1%, while regular gross earnings increased less than that, by 11.5% compared to the previous year.
Along with the 2.2% rise in consumer prices compared to the same period of the previous year, real earnings increased by 9.7%.
Monthly average gross wages and salaries according to the SNA concept amounted to HUF 338,800, which were 12.1% higher than a year earlier. Within this indicator, the share of other wages and salaries was 4.5% on the average.
Average monthly earnings, January – May 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 | 335 200 | 10.9 | 336 000 | 10.7 |
Budgetary institutions | 302 800 | 15.1 | 342 400 | 12.3 |
Non-profit institutions | 274 500 | 10.8 | 297 000 | 10.7 |
National economy total | 323 400 | 12.1 | 336 000 | 11.1 |
Of which: | ||||
fostered workers | 82 300 | 0.6 | x | x |
Net earnings | ||||
Business sector | 222 900 | 10.9 | 223 500 | 10.7 |
Budgetary institutions | 201 400 | 15.1 | 227 700 | 12.3 |
Non-profit institutions | 182 500 | 10.8 | 197 500 | 10.7 |
National economy total | 215 000 | 12.1 | 223 400 | 11.1 |
Of which: | ||||
fostered workers | 54 700 | 0.6 | x | x |