Average gross earnings amounted to HUF 581,900
In December 2022 full-time employees’ gross average earnings were HUF 581,900 – at enterprises employing at least 5 persons, at budgetary institutions as well as at non-profit organisations that are significant in terms of employment, –, and average net earnings with tax benefits reached HUF 400,300. Average gross earnings grew by 18.1%, and average net earnings were 18.7% higher than a year earlier. In 2022, average gross earnings reached HUF 515,800, and average net earnings including tax benefits amounted to HUF 355,300. Average gross earnings rose by 17.5%, and net earnings including tax benefits rose by 18.2% compared to 2021.
In 2022 full-time employees’ gross average earnings – at all employers – were HUF 500,000, and average net earnings were HUF 344,800, including tax benefits; compared with a year earlier, these figures rose by 17.4% and 18.1%, respectively.
December 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 as well as at non-profit organisations that are significant in terms of employment, – amounted to HUF 581,900, excluding fostered workers to HUF 592,900.
Average net earnings were HUF 387,000 excluding tax benefits and HUF 400,300 including them.
Both average gross earnings and average net earnings excluding tax benefits grew by 18.1%. Average net earnings including tax benefits (as well as tax and contribution exemptions) grew by 18.7%, compared to the same period of the previous year.
Estimated average gross regular earnings (gross earnings without premiums and one-month bonuses) were HUF 495,700, being 18.6% higher than a year earlier.
Real earnings fell by 5.1%, along with a 24.5% year-on-year increase in consumer prices.
Gross median earnings reached HUF 447,800, surpassing the previous year’s value by 18.0%.
Net median earnings including tax benefits were HUF 309,100, surpassing the December last year value by 18.9%.
January–December 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 as well as at non-profit organisations that are significant in terms of employment – amounted to HUF 515,800, excluding fostered workers to HUF 526,300.
Average net earnings reached HUF 343,000 excluding tax benefits and HUF 355,300 including them.
Both average gross earnings and average net earnings without tax benefits went up by 17.5%, and average net earnings including tax benefits grew by 18.2% year-on-year. The outstanding growth is due in the first place to the planned wage raises in certain government branches, as well as the increase carried out in 2022 in the minimum wage and the minimum wage for skilled workers.
The highest average gross earnings were recorded in the financial and insurance activities section (HUF 859,600) and the lowest ones in accommodation and food service activities (HUF 321,500).
Average gross earnings amounted to HUF 565,700 for full-time male employees and to HUF 467,900 for full-time female employees, representing increases of 18.1% for males and 16.5% for females over a year.
Estimated regular average gross earnings (without premiums and one-month bonuses) were HUF 469,800, being 16.3% higher than a year earlier.
Regular average gross earnings reached HUF 473,800 in the business sector, HUF 449,900 in the budgetary sector, and HUF 499,000 in the non-profit sector, representing growths of 15.0%, 17.3% and 25.4%, compared to the previous year. The reclassification of several educational institutions from the budgetary into the non-profit sector, following a change in their controlling authority in August 2021, contributed to the above-average increase in regular average earnings in the non-profit sector, as such a significant base effect was still present in the first semester of the year.
Real earnings rose by 2.6%, along with a 14.5% year-on-year increase in consumer prices.
Gross median earnings were HUF 403,100, surpassing the previous year’s value by 15.2%.
Net median earnings including tax benefits were HUF 280,600, being 17.2% higher than in the previous year.
Average monthly earnings, January-December 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 | 521 500 | 15.7 | 521 900 | 15.6 |
| Budgetary institutions | 496 500 | 21.1 | 537 900 | 20.1 |
| Non-profit institutions | 522 700 | 24.7 | 537 600 | 23.6 |
| National economy total | 515 800 | 17.5 | 526 300 | 17.1 |
| Of which: | ||||
| fostered workers | 99 800 | 18.9 | x | x |
| Net earnings | ||||
| Business sector | 346 800 | 15.7 | 347 100 | 15.6 |
| Budgetary institutions | 330 200 | 21.1 | 357 700 | 20.1 |
| Non-profit institutions | 347 600 | 24.7 | 357 500 | 23.6 |
| National economy total | 343 000 | 17.5 | 350 000 | 17.1 |
| Of which: | ||||
| fostered workers | 66 400 | 18.9 | x | x |
Full-time employees’ gross average earnings – at all employers – amounted to HUF 500,000, or excluding fostered workers to HUF 509,500.
Net earnings were HUF 332,500, excluding tax benefits and HUF 344,800, including tax benefits.
Both gross average earnings and net average earnings excluding tax benefits increased by 17.4%, while net earnings including tax benefits rose by 18.1% compared with a year earlier.