Average gross earnings amounted to HUF 359,900
In July 2019, average gross earnings amounted to HUF 362,600, 10.7% higher than a year earlier. In January-July 2019, average gross earnings amounted to HUF 359,900 and average net earnings to HUF 239,300; both of them grew by 10.6% compared to the same period of the previous year.
In July 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 362,600 and to HUF 372,600 excluding fostered workers.
Average net earnings were HUF 241,100 excluding tax benefits and HUF 248,600 including them.
Both average gross earnings and average net earnings excluding tax benefits grew by 10.7%, while average net earnings including tax benefits rose by 10.9% compared to the same period of the previous year.
In January–July 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 359,900 and to HUF 370,300 excluding fostered workers.
Average net earnings were HUF 239,300 excluding tax benefits, and HUF 246,800 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 668,700) and the lowest (HUF 236,200) in accommodation and food service activities.
Full-time employees’ average gross earnings amounted to HUF 393,900 for men and to HUF 326,700 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 276,100, were HUF 375,000 for those between 25–54 years of age and HUF 352,600 for those over 54 years. The year-on-year growth of earnings in the above age groups was 16.9%, 10.9% and 10.2% respectively.
Average gross regular earnings (gross earnings without premiums and one-month bonuses) were estimated at HUF 335,900, 10.6% higher than a year earlier.
Along with the 3.4% rise in consumer prices compared to the same period of the previous year, real earnings increased by 7.0%.
Average monthly earnings, January–July 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 | 374 700 | 11.4 | 375 300 | 11.3 |
| Budgetary institutions | 328 100 | 7.6 | 361 600 | 5.2 |
| Non-profit institutions | 316 300 | 11.5 | 335 000 | 8.1 |
| National economy total | 359 900 | 10.6 | 370 300 | 9.6 |
| Of which: | ||||
| fostered workers | 82 000 | -0.7 | x | x |
| Net earnings | ||||
| Business sector | 249 200 | 11.4 | 249 600 | 11.3 |
| Budgetary institutions | 218 200 | 7.6 | 240 500 | 5.2 |
| Non-profit institutions | 210 300 | 11.5 | 222 800 | 8.1 |
| National economy total | 239 300 | 10.6 | 246 300 | 9.6 |
| Of which: | ||||
| fostered workers | 54 500 | -0.7 | x | x |