Average Salary in Ukraine Increased by 24% in 2025: Detailed Analysis

In the first quarter of 2025, the average salary in Ukraine reached 23,460 UAH, which is 24.1% higher compared to the same period of the previous year. This positive trend is recorded according to data from the State Statistics Service and the Ministry of Economy Monitoring.
This is reported by AgroReview
Industries with the Highest Growth and Salary Leaders
Significant salary increases were observed in the fields of top management, senior leadership, insurance, agriculture, and agribusiness. The largest growth in average salary was noted in the sectors of “Agriculture, Forestry, and Fishing” (by 42.7%), “Construction” (by 35.3%), and “Information and Telecommunications” (by 32.6%).
In comparison, in 2021, the fastest salary growth occurred in the sectors of “Temporary Accommodation and Food Services” (by 41.8%), “Healthcare and Social Assistance” (by 31.3%), and “Arts, Sports, Entertainment, and Recreation” (by 30%).
Reasons for Growth and Structural Features of the Labor Market
Experts attribute the significant increase in wage levels in the second half of May 2025 to a shortage of personnel and an increase in employee workloads. Due to intense competition for skilled specialists, companies are forced to raise their compensation levels.
At the same time, the top three industries with the highest salary levels remain “Information and Telecommunications,” “Financial and Insurance Activities,” and “Professional, Scientific, and Technical Activities.”
“The main factors influencing wage levels: stimulating – growth in economic activity, a significant number of working-age people abroad (migrants) and in the ranks of the Armed Forces of Ukraine, creating significant structural imbalances in the labor market and a labor shortage; restraining – high production costs due to substantial permanent destruction of assets, energy infrastructure, and expensive logistics.”
Analysts identify stimulating factors for salary increases as economic activation and a significant outflow of the working-age population abroad or their mobilization into the Armed Forces of Ukraine. This leads to structural imbalances and a labor shortage. Among the restraining factors, high production costs, frequent destruction of production assets and energy infrastructure, as well as increased logistics costs are highlighted.