Business news from Ukraine

Average monthly salary in Ukraine increased by 7.2%

5 March , 2024  

The average monthly salary of full-time employees in the fourth quarter of 2023 increased by 7.2% compared to the third quarter of 2023 and amounted to UAH 19,231, the State Statistics Service (Ukrstat) reported.

According to the statistics agency, the growth was 16.7% compared to the fourth quarter of 2022.

According to the State Statistics Service, over the year, the average monthly salary increased the most in construction – by 45.3% to UAH 14,925, in temporary accommodation and catering – by 39.4% to UAH 13,539, in real estate operations – by 36.7% to UAH 16,997, and in transport, postal and courier services – by 36.4% to UAH 20,212,

In industry, the growth was 25.7% to UAH 20,262, in financial and insurance activities – 24% to UAH 37,477, in information and telecommunications – 23.3% to UAH 41,326, and in other services – 20.9% to UAH 20,581.

According to the State Statistics Service, wages in wholesale and retail trade increased by 18.8% to UAH 21,797, in administrative services by 18.4% to UAH 15,567, in professional, scientific and technical activities by 13.8%, to UAH 25,860, in agriculture – by 12.3% to UAH 15,569, in public administration and defense – by 12.2% to UAH 28,516, in healthcare – by 5.2% to UAH 15,651, in art, sports and entertainment – by 3.6% to UAH 14,431, in education – by 0.5% to UAH 13,500.

The data exclude the temporarily occupied territories of the Russian Federation and parts of the territories where military operations are (were) conducted.