Average gross earnings amounted to HUF 359,500
In June 2019, average gross earnings amounted to HUF 364,800, 10.6% higher than a year earlier. In January-June 2019, average gross earnings amounted to HUF 359,500 and average net earnings to HUF 239,000; both of them grew by 10.6% compared to the same period of the previous year.
In June 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 364,800 and to HUF 375,100 excluding fostered workers.
Average net earnings were HUF 242,600 excluding tax benefits and HUF 250,100 including them.
Both average gross earnings and average net earnings grew by 10.6% compared to the same period of the previous year.
In January–June 2019:
Full-time employees’ average gross nominal earnings – as defined by the Hungarian Statistical Office – at corporations employing at least 5 persons, budgetary institutions and non-profit organizations which are significant in respect of employment, amounted to HUF 359,500 and to HUF 369,900 excluding fostered workers.
Average net earnings were HUF 239,000 excluding tax benefits, and HUF 246,400 including them.
Both average gross earnings and average net earnings excluding tax benefits grew by 10.6%, while average net earnings including tax benefits rose by 10.7% compared to the same period of the previous year.
Average gross earnings were the highest in financial and insurance activities (HUF 672,300) and the lowest (HUF 236,300) in accommodation and food service activities.
Full-time employees’ average gross earnings amounted to HUF 393,700 for men and to HUF 325,700 for women, representing increases of 11.3% and 9.6%, respectively over one year.
Average gross earnings of full time employees under the age of 25 reached HUF 275,200, were HUF 374,500 for those between 25–54 years of age and HUF 351,200 for those above 54 years. The year-on-year growth of earnings in the above age groups was 16.8%, 10.8% and 10.1% respectively.
Average gross regular earnings (gross earnings without premiums and one-month bonuses) were estimated at HUF 334,600, 10.5% higher than a year earlier.
Along with the 3.5% rise in consumer prices compared to the same period of the previous year, real earnings increased by 6.9%.
Average monthly earnings, January–June 2019
| Sector | Total | Without fostered workers | ||
|---|---|---|---|---|
| average monthly earnings, HUF | change compared to the corresponding period of the previous year, % | average monthly earnings, HUF | change compared to the corresponding period of the previous year, % | |
| Gross earnings | ||||
| Business sector | 374 600 | 11.3 | 375 200 | 11.2 |
| Budgetary institutions | 326 900 | 7.6 | 360 500 | 5.1 |
| Non-profit institutions | 314 800 | 11.4 | 333 500 | 7.6 |
| National economy total | 359 500 | 10.6 | 369 900 | 9.5 |
| Of which: | ||||
| fostered workers | 82 000 | -0.6 | x | x |
| Net earnings | ||||
| Business sector | 249 100 | 11.3 | 249 500 | 11.2 |
| Budgetary institutions | 217 400 | 7.6 | 239 700 | 5.1 |
| Non-profit institutions | 209 300 | 11.4 | 221 800 | 7.6 |
| National economy total | 239 000 | 10.6 | 246 000 | 9.5 |
| Of which: | ||||
| fostered workers | 54 500 | -0.6 | x | x |