The average salary in Ukraine in the first nine months of 2024 increased by 22.2%, reaching 20,592 hryvnias. In the third quarter, the average salary rose even higher - to 21,946 hryvnias. Such data was published by the State Statistics Service, and the head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Getmantsev noted that the growth exceeded previous forecasts.
The calculation of the average salary is based on the reporting of enterprises employing more than 10 people. It is worth noting that this indicator is a gross salary, that is, it includes all accruals, explained Getmantsev. He also emphasized that the high growth rates indicate a gradual recovery of the economy and the adaptation of enterprises to new conditions.
The leaders among the industries with the highest salaries remain information technology and telecommunications, where the average salary is 50,752 hryvnias per month, which is 37.7% more than last year. Air transport came in second place with an average salary of 40,443 hryvnias (+35.7%), and financial and insurance activities took third place with an indicator of 40,194 hryvnias (+20.5%). The top five also included professional, scientific and technical activities (28,167 hryvnias, +24.6%) and public administration and defense (26,904 hryvnias, +24%).
Real incomes of Ukrainians have also increased. According to the State Statistics Service, the real average salary (taking into account inflation) increased by 16.4% compared to the same period in 2023. Compared to 2021, this indicator increased by 5.6%, which indicates a steady improvement in the purchasing power of the population even in difficult economic conditions.
Interestingly, the National Bank of Ukraine predicted a slowdown in wage growth to 19.4% in the third quarter. However, actual data showed an increase of 22.3%. This indicates a greater stability of the economy and flexibility of the labor market than previously expected.
The growth of wages is a positive signal for the economy, which is recovering from the challenges of recent years. At the same time, significant growth rates encourage enterprises to increase labor productivity and search for qualified personnel, which will contribute to the further economic development of the country.
e-finance.com.ua