The structure of earnings statistics (STADAT) tables has been renewed
Average gross earnings amounted to HUF 324,700
In July 2018, average gross earnings amounted to HUF 326,700, 12.8% higher than a year earlier. In January–July 2018, average gross earnings amounted to HUF 324,700 and average net earnings to HUF 216,000, 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 July 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 326,700 and to HUF 337,100 excluding fostered workers.
Average net earnings were HUF 217,300 excluding family tax benefits and HUF 225,800 including them.
Both gross earnings and net earnings grew by 12.8% compared to the same period of the previous year.
In January–July 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 324,700 and to HUF 337,000 excluding fostered workers.
Average gross earnings were the highest in financial and insurance activities (HUF 613,500) and the lowest (HUF 208,600) in accommodation and food service activities.
Regular gross earnings (gross earnings without premiums and one-month bonuses) amounted to HUF 302,800.
Average net earnings – excluding family tax benefits – were HUF 216,000, 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 224,500.
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 8,300 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 2.5% rise in consumer prices compared to the same period of the previous year, real earnings increased by 9.4%.
Monthly average gross wages and salaries according to the SNA concept amounted to HUF 340,200, which were 12.0% 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 – July 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 | 336 000 | 10.8 | 336 800 | 10.6 |
| Budgetary institutions | 305 000 | 15.2 | 343 700 | 12.2 |
| Non-profit institutions | 277 800 | 11.0 | 299 700 | 10.5 |
| National economy total | 324 700 | 12.1 | 337 000 | 11.0 |
| Of which: | ||||
| fostered workers | 82 200 | 0.6 | x | x |
| Net earnings | ||||
| Business sector | 223 500 | 10.8 | 224 000 | 10.6 |
| Budgetary institutions | 202 800 | 15.2 | 228 600 | 12.2 |
| Non-profit institutions | 184 800 | 11.0 | 199 300 | 10.5 |
| National economy total | 216 000 | 12.1 | 224 100 | 11.0 |
| Of which: | ||||
| fostered workers | 54 700 | 0.6 | x | x |