Published on: 30 November 2020

Average gross earnings amounted to HUF 395,000

In September 2020 the average gross earning was HUF 392,300, 8.8% higher than a year earlier. In January–September 2020 average gross earnings amounted to HUF 395,000, average net earnings without tax benefits were HUF 262,700; both grew by 9.8% compared to the same period of the previous year.

In September 2020:

Full-time employees’ average gross earnings (as defined by the Hungarian Central Statistical Office) - at corporations employing at least 5 persons, at budgetary institutions and significant non-profit organisations in respect of employment,- amounted to HUF 392,300 and excluding fostered workers were HUF 402,900.

Average net earnings were HUF 260,900 excluding tax benefits and HUF 269,500 including them.

Both average gross earnings and average net earnings excluding tax benefits grew equally, by 8.8%. Average net earnings including tax benefits rose to a greater extent, by 8.9%, compared to the same period of the previous year.

Average gross regular earnings (gross earnings without premiums and one-month bonuses) were estimated at HUF 373,200, which is 8.6% higher than a year before.

In January–September 2020:

Full-time employees’ average gross earnings (as defined by the Hungarian Central Statistical Office) - at corporations employing at least 5 persons, budgetary institutions and significant non-profit organizations in respect of employment, - amounted to HUF 395,000 and excluding fostered workers to HUF 405,600.

Average net earnings were HUF 262,700 excluding tax benefits, and HUF 271,500 including them.

Both average gross earnings and average net earnings without tax benefits rose by 9.8%, average net earnings including tax benefits increased by 10.0% compared to the same period of the previous year, in relation to a temporary decrease as well as elimination of social security payment obligations in certain economic branches.

Average gross earnings were the highest in the financial and insurance activities sections (HUF 705,000) and the lowest (HUF 249,900) in accommodation and food service activities.

Full-time employees’ average gross earnings amounted to HUF 429,500 for men and to HUF 362,500 for women, representing increases of 9.1% for men and 10.6% for women within one year.

Average gross regular earnings (gross earnings without premiums and one-month bonuses) were estimated at HUF 368,200, which is 9.2% higher than a year before.

Along with the 3.5% rise in consumer prices compared to the same period of the previous year, real earnings increased by 6.1%.

Average monthly earnings, January–September 2020

Sector Total Without fostered workers
average monthly earnings, HUF/person change compared to the corresponding period of the previous year, % average monthly earnings, HUF/person change compared to the corresponding period of the previous year, %
Gross earnings
Business sector409 1009,5409 6009,5
Budgetary institutions367 70011,3401 50010,6
Non-profit institutions351 40010,5367 6009,4
National economy total395 0009,8405 6009,7
Of which:
fostered workers82 000-8,1xx
Net earnings
Business sector272 0009,5272 4009,5
Budgetary institutions244 50011,3267 00010,6
Non-profit institutions233 70010,5244 4009,4
National economy total262 7009,8269 7009,7
Of which:
fostered workers54 500-8,1xx