Ukrainian officials in the first four months of 2024 received a noticeable increase in salaries, which amounted to 32% compared to the beginning of the year. According to data provided by the Ukrainian statistical authorities, in January the average income of officials was 38.6 thousand hryvnias, while in May this figure increased to more than 50 thousand hryvnias.
The average salary in the public sector in Ukraine as of May 2024 reached 50.9 thousand hryvnias, which is 32% more than in January of this year. In January, the average income of officials was 38.6 thousand hryvnias.
This was announced by the Ministry of Finance of Ukraine, publishing relevant data on its official website. According to the information provided, the salary structure includes cash allowances for vacations and material assistance.
The leader in terms of salaries is the National Energy and Utilities Regulatory Commission (NKREKP), where the average monthly income of employees is 89.7 thousand hryvnias. In second place is the Antimonopoly Committee with an average salary of 88.3 thousand hryvnias. The third place is occupied by the Secretariat of the National Tripartite Socio-Economic Council, where the average salary is 72.4 thousand hryvnias.
The Ministry of Finance also reminded that since the beginning of the year, a new salary system has been in effect in Ukraine based on the grade system of job classification, which is aimed at increasing the predictability and transparency of salaries in state bodies.
The salary of officials has increased
Growth of the average salary in Ukraine
According to Danylo Hetmantsev, head of the Finance Committee of the Verkhovna Rada, the average salary in Ukraine for 2023 has increased by 17.5%. However, real growth was only a little over 4% due to inflation, devaluation of the national currency, and rising prices for goods and utilities, which offset income growth.
Experts note that the average level of salaries is a conditional indicator. More objective is the median calculation, which takes into account the distribution of income and is usually 15-30% lower than the arithmetic mean. It is this approach to calculating average salaries that is used in the EU and the USA to avoid manipulation of statistics.
Earlier, the National Bank stated that the average salary in Ukraine increased significantly in the first quarter of 2024, showing a growth of 22.5%.
