Icon
Come back

1 min

12 Nov. 2023

12041

How much did Ukrainians' salaries increase in 2023?

Finance
Popular
Arbeit
Ukraine
How much did Ukrainians' salaries increase in 2023?

The State Statistics Service has released a report on the nominal salary of Ukrainians in 2023. Find out what forecasts the NBU and the government are making and where Ukrainians are currently paid the most

More interesting and useful news in our Telegram-channel
More interesting and useful news in our Telegram-channel
FOLLOW


According to official data from the State Statistics Service, the nominal salary of Ukrainians increased by a quarter in 2023. Thus, the average salary in the second quarter of 2023 amounted to UAH 17,176, which is 25.2% more than in the same period of 2022.


What are the government and the National Bank of Ukraine's forecasts for the next year and where the highest salaries are paid now - we will tell you further in the article.


Where are the highest salaries in Ukraine?


According to the State Statistics Service, the highest salary for full-time employees in 2023 was in the Information and Telecommunications sector - UAH 36,604, which is 30.1% more than last year.


The second place is taken by Financial and Insurance Activities, where the average salary of an employee is UAH 32,801, which is 34.7% more than last year.


The third place is occupied by Professional, scientific and technical activities - UAH 22,871, which is 21.4% more.


How salaries have changed in other industries:


● Public administration and defense; compulsory social insurance - UAH 21,929 (13.3%);

● Wholesale and retail trade; repair of motor vehicles - UAH 20,662 (69.9%)

● Industry - UAH 17,866 (16.2%);

● Other services - UAH 17,576 (39.8%);

● Transportation, warehousing, postal and courier activities - UAH 16,225 (33.6%);

● Real estate transactions - UAH 15,644 (51.3%);

● Agriculture, forestry and fishing - UAH 14,791 (14.9%);

● Health care and social assistance - UAH 14,565 (9.2%);

● Administrative and support services - UAH 13,984 (21.4%);

● Arts, sports, entertainment and recreation - UAH 13,856 (41.4%);

● Education - UAH 13,026 (9.4%);

● Temporary accommodation and catering - UAH 12,221 (51.5%);

● Construction - UAH 11,837 (39.9%).




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




What salaries will be in 2024: NBU and government forecasts


In the draft state budget for 2024 for the second reading, the Cabinet of Ministers improved its forecasts for the growth of nominal wages of Ukrainians. Thus, according to the government, in 2024, the level of average nominal wages will be UAH 21,809, and inflation-adjusted wages will grow by 8.5% (previously expected to grow by 6.0%).


At the same time, the NBU predicts that the average nominal salary of Ukrainians in 2024 will grow by 15.8%, and the real (inflation-adjusted) salary by 6.9%. 


We remind you! As of October 2023, the residential rental market in Ukraine continues to show some important changes and trends. In particular, there has been a significant rise in rental prices in some regions. Read more about the volume of apartment rental offers in Ukraine and the current price dynamics.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance - safe travel in Ukraine (insurance covering military risks);

Visit Ukraine Tickets - book bus and train tickets to/from Ukraine;

Visit Ukraine Tours - the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels - book hotels for a comfortable stay in Ukraine;

Visit Ukraine Merch - choose patriotic clothing and accessories with worldwide delivery.

Cooperation - cooperation and advertising integrations with Visit Ukraine and Visit World projects.




© 2018-2023, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

Popular There will be no more conscription: Ministry of Defense announces transition to military recruitment

There will be no more conscription: Ministry of Defense announces transition to military recruitment

Ukraine has introduced significant changes to the personnel policy of the Armed Forces. One of the key initiatives is to replace the traditional conscription procedure with a new recruitment system. This and other reforms are aimed at optimizing the efficiency of military recruitment, in particular through the transition to contract military service and intensive training of citizens of military age. Read more about the update in our material

06 Nov. 2023

More details

2 min

Transport What is happening on the Ukrainian-Polish border after the blockade?

What is happening on the Ukrainian-Polish border after the blockade?

On November 6, Polish carriers began blockading the border crossing points with Ukraine. Find out where traffic is being hampered and how best to plan your route to/from Ukraine today

07 Nov. 2023

More details

2 min

Krieg Will there be presidential elections in Ukraine in 2024 and who can become a candidate?

Will there be presidential elections in Ukraine in 2024 and who can become a candidate?

Despite the fact that the law prohibits elections during wartime and the Ukrainian people themselves are against such measures, elections in Ukraine are being discussed almost all over the world. Find out if elections are possible in the spring of 2024 and whether Zelenskyy will become president for the second time

07 Nov. 2023

More details

2 min

Popular The European Commission officially recommends starting negotiations on Ukraine's accession to the EU: what are the next steps?

The European Commission officially recommends starting negotiations on Ukraine's accession to the EU: what are the next steps?

Ukraine's path to the EU continues, and the European Commission has recently released a report on Ukraine's progress towards membership. Find out more about the key findings and further conditions necessary for Ukraine's accession to the EU

08 Nov. 2023

More details