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The difference between Budapest and Szabolcs-Szatmár-Bereg counties in average monthly net earnings is almost double. Overall, in terms of wages, the eastern and northeastern parts of the country, as well as the southwestern part, lagged significantly behind the capital and northern Transdanubia. The difference in individual economic sectors may be even more striking, according to CSO Focus on the Counties – First Half of 2020.
Although average earnings data from the Central Statistical Office (CSO) cannot reflect how much most employees can actually earn, average data can still speak volumes about differences within the country. (The salary conditions of the “average Hungarian” are much better reflected in the median income data, but the OSC has not released them since 2016. In comparison, in the period 2010-2016, the median salary was approximately 50 thousand florins lower than the median salary).
CSO County Median Income data is based on data from businesses employing at least 5 people, nonprofits, and the public sector. Based on these, we can see significant differences at the national level, and the scissors are also very wide, with wages growing in the two poorest counties, for example, a little faster than in the two highest-income regions.
As can be seen from the map, income in Budapest is outstanding in a national comparison, while only the data for the capital and Győr-Moson-Sopron county exceed the national average.
According to the CSO, regional differences are significantly affected by the different structure of employment, the composition of those employed by sectors and occupations, and the different weight of public employment.
Would you work in a bank and want to earn well? It doesn’t really matter where you are!
In Budapest, in the first half of 2020, the average monthly net earnings of full-time employees, excluding tax benefits, amounted to 329 thousand HUF, which is 25 percent more than nationally. Both gross and net median earnings, including civil servants, were 9.5 percent higher than in the first half of 2019. The growth rate was slightly lower than the national average.
The highest net salaries were recorded in the financial services (494,909 HUF per month) and information and communications (470,118 HUF) sectors. The lowest paid sectors were agriculture (195,016 HUF) and hospitality (191,913 HUF).
Rather, it ranks last in Szabolcs-Szatmár-Bereg county The average monthly net income of full-time employees, excluding tax benefits, was 181 thousand HUF, which is It exceeded the first half of 2019 by 10.2 percent. Employees earned 31.3 percent less than the national average. Net salaries in the arts and leisure sectors (236,406 HUF) and in public administration (228,346 HUF) were available: in the case of the latter, the presence of public employees lowered the average by almost 20,000 HUF.
It can be seen that in this comparison, the sectors with the highest salaries in the capital already offer more than double what the highest paid jobs in Szabolcs offer. That he how different the job structure is is a good reflection of that In Szabolcs-Szatmár-Bereg, the average net earnings in financial services were only 202,854,000 HUF, of which almost two and a half times the information and communication sectors (188,882 HUF) also a similar degree of difference.
Regarding the lowest paid sectors, in the real estate sector (107,830 HUF) only public employees lowered the average, while in the second lowest paying agriculture (165,213 HUF) the net salary was only 30,000 HUF lower than in the capital .
Transdanubia: reaching the north, lagging south
After Budapest, the northern and western Transdanubia counties had the highest average net income. Here the data clearly show that the weight of the manufacturing industry is very strong: in Győr-Moson-Sopron county (HUF 321,920), Komárom-Esztergom (HUF 297,650) and Vas (HUF 267,925) this sector offered the best salaries and He got average. Furthermore, in Győr-Moson-Sopron wages in the manufacturing industry are even a hair better than in Budapest (320,590 guilders).
Despite the wind’s proximity to the western border, the net median income in Zala County is almost as low (208,634 HUF) as in Borsod-Abaúj-Zemplén County (202,658 HUF). At Zala, employees earned 20.6 percent less than the national average. All this, along with the fact that both the average net salary was 11.5 percent higher than in the first half of 2019 and the growth rate exceeded the national average, it was also one of the highest among counties and the capital. .
Somogy (HUF 211,933) and Baranya County (HUF 215,361) lag behind average earnings, so both are slightly worse than Hajdú-Bihar (HUF 215,390) on the eastern border.
More information and trivia are available on CSO Focus in the Counties Post – 1st Semester 2020.
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