Average gross earnings amounted to HUF 435,200
In March 2021 full-time employees’ gross average earnings were HUF 435,200 while average net earnings without tax benefits reached HUF 289,400; both grew by 8.7% year-on-year. Average gross earnings grew by 8.0% in the business sector, while in the budgetary sector the increase was significantly higher, 11.0%, due to planned wage raises in certain government branches. In January–March 2021 average gross earnings amounted to HUF 420,200, average net earnings were HUF 279,400; both grew by 9.4% compared to the same period of the previous year.
In March 2021:
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 435,200 and excluding fostered workers were HUF 445,600.
Average net earnings excluding tax benefits were HUF 289,400 and HUF 298,100 including them.
Both average gross earnings and average net earnings excluding tax benefits grew equally, by 8.7%. Net earnings including tax benefits rose by 8.1% 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 397,900, which was 8.5% higher than a year before.
In January–March 2021:
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 420,200 and excluding fostered workers to HUF 430,800. Average net earnings were HUF 279,400 excluding tax benefits, and HUF 287,600 including them.
Both average gross earnings and average net earnings without tax benefits rose by 9.4%, average net earnings including tax benefits increased by 9.0% compared to the same period of the previous year.
Average gross earnings were the highest in information and communication (HUF 727,000) and the lowest (HUF 251,200) in accommodation and food service activities.
Gross average earnings reached HUF 434,100 in the business sector, HUF 393,400 in the budgetary sector and HUF 369,700 at non-profit organizations representing growths of 8.5%, 12.6% as well as 8.5%, compared to the same period of the previous year. Due to planned wage raises in certain government branches – including the pay raise of doctors, judges and prosecutors, and employees of nurseries – the growth of average wages in the budgetary sector exceeded that of the national economy.
Full-time employees’ average gross earnings amounted to HUF 457,600 for men and to HUF 384,000 for women, representing increases of 9.0% for men and 10.0% for women within one year.
Average gross regular earnings (gross earnings without premiums and one-month bonuses) are estimated at HUF 391,800, these were 9.3% higher than a year before.
Along with the 3.2% rise in consumer prices compared to the same period of the previous year, real earnings increased by 6.0%.
Average monthly earnings, January-March 2021
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 sector | 434 100 | 8,5 | 434 600 | 8,5 |
Budgetary institutions | 393 400 | 12,6 | 429 200 | 12,7 |
Non-profit institutions | 369 700 | 8,5 | 385 100 | 8,2 |
National economy total | 420 200 | 9,4 | 430 800 | 9,4 |
Of which: | ||||
fostered workers | 82 900 | 1,3 | x | x |
Net earnings | ||||
Business sector | 288 600 | 8,5 | 289 000 | 8,5 |
Budgetary institutions | 261 600 | 12,6 | 285 400 | 12,7 |
Non-profit institutions | 245 900 | 8,5 | 256 100 | 8,2 |
National economy total | 279 400 | 9,4 | 286 500 | 9,4 |
Of which: | ||||
fostered workers | 55 100 | 1,3 | x | x |