Average gross earnings amounted to HUF 343,500
In January 2019, average gross earnings amounted to HUF 343,500, and average net earnings without tax benefits to HUF 228,400; both of them grew by 10.6% compared to the same period of the previous year.
In January 2019:
Full-time employees’ average gross nominal earnings – as defined by the Hungarian Central Statistical Office – at corporations employing at least 5 persons, budgetary institutions and non-profit organisations, which are significant in respect of employment, amounted to HUF 343,500 and to HUF 354,200 excluding fostered workers.
Average net earnings were HUF 228,400 excluding tax benefits and HUF 235,500 including them.
Both gross earnings and net earnings excluding tax benefits grew by 10.6%, while net earnings including tax benefits rose by 10.8% compared to the same period of the previous year.
Full-time employees’average gross earnings amounted to HUF 376,700 for men and to HUF 311,300 for women, representing increases of 11.8% and 9.8%, respectively over one year.
Average gross earnings were the highest in financial and insurance activities (HUF 634,200) and the lowest (HUF 230,900) in human health and social work activities employing the majority of fostered workers. Excluding the data of fostered workers, average gross earnings amounted to HUF 300,700 in human health and social work activities.
Average gross earnings of full time employees under the age of 25 reached HUF 267,700, were HUF 356,300 for those between 25–55 years of age and HUF 337,200 for those above 55 years.,. The year-on-year growth of earnings in the above age groups was 17.6%, 11.2% and 10.0% respectively.
Regular gross earnings (gross earnings without premiums and one-month bonuses) amounted to HUF 327,000, 10.6% higher than a year earlier.
Along with the 2.7% rise in consumer prices compared to the same period of the previous year, real earnings increased by 7.7%.
Average monthly earnings, January–December 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 | 359 800 | 11.8 | 360 400 | 11.6 |
| Budgetary institutions | 307 600 | 6.4 | 341 000 | 3.8 |
| Non-profit institutions | 304 200 | 12.0 | 324 800 | 8.1 |
| National economy total | 343 500 | 10.6 | 354 200 | 9.6 |
| Of which: | ||||
| fostered workers | 81 200 | –1.6 | x | x |
| Net earnings | ||||
| Business sector | 239 200 | 11.8 | 239 700 | 11.6 |
| Budgetary institutions | 204 600 | 6.4 | 226 800 | 3.8 |
| Non-profit institutions | 202 300 | 12.0 | 216 000 | 8.1 |
| National economy total | 228 400 | 10.6 | 235 600 | 9.6 |
| Of which: | ||||
| fostered workers | 54 000 | –1.6 | x | x |