Business news from Ukraine

Business news from Ukraine

Average monthly salary in Ukraine increased by 4.4% in 2023

21 December , 2023  

In the third quarter of 2023, the average monthly salary of full-time employees in Ukraine increased by 4.4% compared to the second quarter of this year and amounted to UAH 17,937, the State Statistics Service (Ukrstat) reported.

According to the statistics agency, the growth of this indicator was 22.7% compared to the third quarter of 2022.

According to the State Statistics Service, the average monthly salary grew the most in construction – by 44.9% to UAH 13,599, in wholesale and retail trade – by 44.7% to UAH 22,118, and in temporary accommodation and catering – by 43.3% to UAH 13,007.

In the real estate sector, it increased by 39.4% to UAH 15,675, in transport, postal and courier services by 34.1% to UAH 17,843, in financial and insurance activities by 29.8% to UAH 34,189, and in other services by 25.7% to UAH 18,207.

In industry, according to the State Statistics Service, the average salary grew by 25.6% to UAH 18,901, in professional, scientific, and technical activities by 23.5% to UAH 24,141, and in administrative services by 20.5% to UAH 14,543, in the field of information and telecommunications – by 20.3% to UAH 37,542, in art, sports and entertainment – by 18.7% to UAH 13,268, in public administration and defense – by 15.1% to UAH 24,168, in agriculture – by 14.6% to UAH 15,690, in healthcare – by 10.6% to UAH 15,080, in education – by 8.2% to UAH 12,180.

The State Statistics Service reminds that the data excludes the territories temporarily occupied by the Russian Federation and part of the territories where military operations are ongoing (or have been ongoing).