First release

Published on: 31 August 2021

Average gross earnings amounted to HUF 436,300

In June 2021, full-time employees’ average gross earnings were HUF 436,300, average net earnings without tax benefits reached HUF 290,200; both were 3.5% higher than a year earlier. The relatively moderate rate of increase of average earnings compared to the corresponding period of the previous year was owing to the base effect, since a one-time bonus was provided to health care workers in June 2020. Regular average gross earnings (without premiums and one-month bonuses) were HUF 404,200, 7.7% higher than a year before. In January–June 2021, average gross earnings reached HUF 428,200, average net earnings were HUF 284,800, both rising by 8.4% compared to the same period of the previous year.

In June 2021:

Full-time employees’ average gross earnings (as defined by the Hungarian Central Statistical Office) – at enterprises employing at least 5 persons, at budgetary institutions and at non-profit organisations that are significant in terms of employment – amounted to HUF 436,300 and excluding fostered workers were HUF 447,300.

Average gross earnings were HUF 445,900 in the business sector, 6.4% higher than a year before, and HUF 417,800 in the budgetary sector, 4.0% lower than in the corresponding period of the previous year.

Average net earnings excluding tax benefits reached HUF 290,200 and HUF 299,100 including them.

Both average gross earnings and average net earnings excluding tax benefits increased by 3.5%. Average net earnings including tax benefits became 3.1% higher than in the same period of the previous year. The rise in average earnings compared to one year earlier was substantially lower than what was measured in previous months. The rate of increase was markedly lowered by a one-time bonus (of HUF 500 thousand) provided to health care workers in June 2020, which bonus then raised average earnings significantly.

Regular average gross earnings (without premiums and one-month bonuses) are estimated at HUF 404,200, which was 7.7% higher than a year before.

In January–June 2021:

Full-time employees’ average gross earnings (as defined by the Hungarian Central Statistical Office) – at enterprises employing at least 5 persons, at budgetary institutions and at non-profit organisations that are significant in terms of employment – amounted to HUF 428,200 and excluding fostered workers to HUF 439,100. Average net earnings reached HUF 284,800 excluding tax benefits and HUF 293,300 including them.

Both average gross earnings and average net earnings without tax benefits were up by 8.4% and average net earnings including tax benefits by 8.0% compared to the corresponding period of the previous year.

The highest average gross earnings were recorded for the financial and insurance activities section (HUF 749,900) and the lowest ones for accommodation and food service activities (HUF 256,800).

Average gross earnings reached HUF 441,600 in the business sector, HUF 402,300 in the budgetary sector and HUF 378,100 in the non-profit sector, representing growths of 8.1%, 9.0% and 8.7%, respectively, compared to the same period of the previous year.

Average gross earnings amounted to HUF 467,000 for full-time male employees and to HUF 391,100 for full-time female employees, representing increases of 8.9% for males and 8.0% for females over a year.

Regular average gross earnings (without premiums and one-month bonuses) are estimated at HUF 397,500, they were 9.1% higher than a year before.

Real earnings rose by 4.0%, along with a 4.2% increase in consumer prices compared to the corresponding period of the previous year.

Next: Earnings, July 2021 – published on: 29 September 2021

Contact: kommunikacio@ksh.hu

Tables (STADAT): http://www.ksh.hu/stadat_eker