Hungarians’ personal income up almost 7%, tax office data show

Banking

shutterstock

Hungarians’ʼ personal income rose 6.7% to HUF 10.065 billion last year, data from the National Tax and Customs Authority (NAV) shows, Hungarian news agency MTI reported today. About HUF 9.25 trillion of the income was from wages and salary.

About 4,166,000 of the 4,625,000 Hungarians who filed personal income tax returns had to pay tax, and did so at an average of HUF 369,000 per person. 

Some 3,991,000 reported income from labor. They earned on average HUF 2,318,000 per year, or a monthly HUF 193,000. The highest average monthly income from labor was HUF 254,625, in the capital. The lowest was HUF 147,665, in Szabolcs-Szatmár-Bereg County, in the northeast of the county.

ADVERTISEMENT

Raiffeisen predicts 4.5% GDP growth for 2022 Analysis

Raiffeisen predicts 4.5% GDP growth for 2022

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New partner announced at act Bán & Karika Attorneys at Law Appointments

New partner announced at act Bán & Karika Attorneys at Law

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.