Average Salaries for June 2024

Published:
05/09/2024
Published in:
News

According to the data on average salaries for June 2024, published on August 30, 2024, the average gross salary amounted to 132,290 dinars, while the average net salary was 95,804 dinars. These figures represent an increase compared to the same month of the previous year, when the average gross salary was 118,025 dinars and the net salary was 85,539 dinars. The median net salary for June 2024 is 74,185 dinars, meaning that 50% of employees earned up to that amount.

In this context, salary indexation follows the movement of wages in relation to the cost of living, or consumer prices. According to the data for the period from January 1 to June 30, 2024, average wages recorded a growth index of 0.7% (index 199.7), while the consumer price index was 2.3% (index 102.3). This difference indicates a gradual increase in wages, but also that inflation affects the real purchasing power of employees.

Additionally, a comparison of the period from July 2023 to June 2024 with the same period of the previous year shows a wage growth index of 14.43%, while consumer prices increased by 7.30%. This data can be a significant indicator of how wages adjust to the cost of living over a longer period, and such comparisons are often used as a basis for further wage indexation to ensure employees maintain real purchasing power and economic stability.

Share on

Scroll