Average gross earnings amounted to HUF 546,000
In February 2022 full-time employees’ gross average earnings were HUF 546,000, average net earnings with tax benefits reached HUF 374,800. Average gross earnings grew by 31.7%, while average net earnings with tax benefits were 31,9% higher than a year earlier. The payment of the “service premium” (the so-called “firearms money”) for the army and the law enforcement personnel corresponding to six-month salary; the previously scheduled wage increases as well as the significant minimum wage and minimum wage for skilled workers growth contributed to the increase in average earnings. Regular average gross earnings (total earnings excluding bonuses and premiums) amounted to HUF 445,000, 14.5% higher then a year earlier.
In February 2022:
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 546,000 and excluding fostered workers were HUF 558,600.
Average net earnings were HUF 363,100 excluding tax benefits and HUF 374,800 including them.
Both average gross earnings and average net earnings excluding tax benefits grew by 31.7%. The growth of average net earnings including tax benefits was 31.9%, compared to the same period of the previous year.
Average gross regular earnings (gross earnings without premiums and one-month bonuses) are estimated at HUF 445,000, being 14.5% higher than a year before.
Gross median earnings reached HUF 378,100 surpassing by 14.6% the previous year’s value.
January–February 2022:
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 506,700 and excluding fostered workers to HUF 518,300.
Average net earnings reached HUF 337,000 excluding tax benefits and HUF 348,500 including them.
Both average gross earnings and average net earnings without tax benefits went up by 22.8%, average net earnings including tax benefits grew by 23.4% compared to the corresponding period of the previous year.
Average gross earnings reached HUF 477,200 in the business sector, HUF 599,700 in the budgetary sector, HUF 484,900 in the non-profit sector, representing growths of 12.3%, 53.5% and 33.7%, compared to the previous year. Due to the payment of the “service premium” (the so-called “firearms money”) for the army and the law enforcement personnel, corresponding to six-month salary, and to planned wage raises in certain government branches, the growth of gross average wages in the budgetary sector - especially in public administration and defence - significantly exceeded that of the national economy average. Several educational institutions have been reclassified from the budgetary into the non-profit sector, following a change in their controlling authority in August 2021, leading to a significant increase in average earnings in the non-profit sector.
The highest average gross earnings were recorded in public administration and defence (HUF 926,200) and the lowest ones for accommodation and food service activities (HUF 303,700).
Average gross earnings amounted to HUF 562,400 for full-time male employees and to HUF 448,900 for full-time female employees, representing increases of 25.4% for males and 18.8% for females over a year.
Regular average gross earnings (without premiums and one-month bonuses) are estimated at HUF 443,400, being 14.1% higher than a year earlier.
Real earnings rose by 13.6%, along with a 8.1% year-on-year increase in consumer prices.
Gross median earnings were HUF 376,300, surpassing by 13.7% the previous year’s value.
Average monthly earnings, January-February 2022
| 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 | 477 200 | 12.3 | 477 600 | 12.3 |
| Budgetary institutions | 599 700 | 53.5 | 657 300 | 53.9 |
| Non-profit institutions | 484 900 | 33.7 | 499 900 | 32.0 |
| National economy total | 506 700 | 22.8 | 518 300 | 22.4 |
| Of which: | ||||
| fostered workers | 98 400 | 20.1 | x | x |
| Net earnings | ||||
| Business sector | 317 300 | 12.3 | 317 600 | 12.3 |
| Budgetary institutions | 398 800 | 53.5 | 437 100 | 53.9 |
| Non-profit institutions | 322 500 | 33.7 | 332 400 | 32.0 |
| National economy total | 337 000 | 22.8 | 344 700 | 22.4 |
| Of which: | ||||
| fostered workers | 65 500 | 20.1 | x | x |