Economy 30 June 2021, 9:45am

April gross average earnings HUF 440,000 in Hungary

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In April 2021, full-time employees’ gross average earnings were HUF 440,600 while average net earnings without tax benefits reached HUF 293,000. Both grew by 10.1% year-on-year, the Central Statistical Office (KSH) said on Wednesday. Average gross earnings grew by 9.0% in the business sector, while in the budgetary sector the increase was significantly higher, 12.7%, due to planned wage raises in certain government branches. In January–April 2021, average gross earnings amounted to HUF 425,400 and average net earnings were HUF 282,900; both grew by 9.6% compared to the same period of the previous year

dolgozó worker gyár gyári munkás ipar kereset fizetés

Full-time employees’ average gross earnings (as defined by the KSH) – at corporations employing at least 5 persons, at budgetary institutions and significant non-profit organisations in respect of employment, – amounted to HUF 440,600 and excluding fostered workers were HUF 451,800.

Average net earnings were HUF 293,000 excluding tax benefits and HUF 301,800 including them.

Both average gross earnings and average net earnings excluding tax benefits grew equally, by 10.1%. Net earnings including tax benefits rose by 9.6% 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 400,100, which was 9.6% higher than a year before.

Meanwhile, the gross median wage was HUF 332,000, 9.3% higher compared to last April.

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