Wages in Ukraine decreased to 10679 UAH/Month in November from 10727 UAH/Month in October of 2019. Wages in Ukraine averaged 2468.65 UAH/Month from 1996 until 2019, reaching an all time high of 10971 UAH/Month in July of 2019 and a record low of 115 UAH/Month in January of 1996. source: State Statistics Service of Ukraine
Wages in Ukraine is expected to be 11793.00 UAH/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Ukraine to stand at 12229.00 in 12 months time. In the long-term, the Ukraine Average Monthly Wages is projected to trend around 15340.00 UAH/Month in 2020, according to our econometric models.
Ukraine Average Monthly Wages
In Ukraine, average monthly nominal wage per employee is a payment to employees in the money and natural form for the hours worked, or the work performed, bonuses, benefits, increments, as well as other kinds of payment for non-worked time. Nominal salary/wages comprises obligatory payments: income tax, contributions to the Pension Fund and for compulsory social insurance.