Compared to December 2022, the monthly average net wage in Romania grew by 15.5% in nominal terms in December 2023.
The average gross salary stood at RON8,301 in December 2023, 6.9% higher than in November 2023.
The best paid employees in December 2023 were in the manufacturing of coke and refined petroleum products (RON12,710), while the lowest in accommodation and food service activities (RON2,825).
The real earnings index was 108.3% in December 2023 as compared to December 2022.
The real earnings index was 106.3% in December 2023 as compared to November 2023.
Compared to October 1990, the real earnings index was 253.3%, higher by 15.1 percentage points than the level recorded in November 2023.
Fluctuations in earnings were recorded during the year, mainly determined by granting annual premiums and holiday bonuses, especially in the months taken as comparison base (December, March/April).
The evolution of real earnings depends both on the fluctuations of the average net earnings and on the inflation rate.