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Health and Medical Average Salaries in Hungary 2021

How much money does a person working in Health and Medical make in Hungary?


Average Monthly Salary
736,000 HUF
( 8,830,000 HUF yearly)

LOW
154,000
HUF
AVERAGE
736,000
HUF
HIGH
2,200,000
HUF

A person working in Health and Medical in Hungary typically earns around 736,000 HUF per month. Salaries range from 154,000 HUF (lowest average) to 2,200,000 HUF (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Health and Medical careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Academic Clinician915,000 HUF
Acute Care Nurse414,000 HUF
Administrative Director789,000 HUF
Admitting Clerk151,000 HUF
Admitting Manager444,000 HUF
Admitting Officer332,000 HUF
Advanced Nutrition Aide638,000 HUF
Advanced Practice Provider604,000 HUF
Allergist880,000 HUF
Ambulance Dispatcher355,000 HUF
Ambulance Driver325,000 HUF
Ambulance Officer and Paramedic388,000 HUF
Ambulatory Services Director714,000 HUF
Anatomic Pathology Supervisor786,000 HUF
Anesthesia Technician513,000 HUF
Anesthesiologist1,440,000 HUF
Anesthesiology Assistant496,000 HUF
Assistant Director of Nursing684,000 HUF
Assistant Occupational Therapist381,000 HUF
Assistant Optometrist400,000 HUF
Assistant Physical Therapist354,000 HUF
Audiologist805,000 HUF
Behavioral Health Specialist546,000 HUF
Biomedical Engineering Director654,000 HUF
Biomedical Engineering Technician343,000 HUF
Breast Center Manager1,340,000 HUF
Cardiac Technician331,000 HUF
Cardiology Manager1,340,000 HUF
Cardiopulmonary Rehab Spcialist545,000 HUF
Cardiovascular Specialist1,850,000 HUF
Cardiovascular Technologist700,000 HUF
Care Assistant301,000 HUF
Care Coordinator229,000 HUF
Caregiver256,000 HUF
Case Manager515,000 HUF
Central Sterile Processing Technician402,000 HUF
Charge Entry Specialist440,000 HUF
Chief of Psychology1,450,000 HUF
Chief of Surgery1,990,000 HUF
Chiropractor553,000 HUF
Clinic Assistant310,000 HUF
Clinic Manager676,000 HUF
Clinic Navigator336,000 HUF
Clinical Application Specialist452,000 HUF
Clinical Biochemist792,000 HUF
Clinical Cytogeneticist674,000 HUF
Clinical Data Reviewer451,000 HUF
Clinical Development Specialist562,000 HUF
Clinical Director1,300,000 HUF
Clinical Field Associate449,000 HUF
Clinical Genetic Technologist708,000 HUF
Clinical Microbiologist885,000 HUF
Clinical Molecular Geneticist736,000 HUF
Clinical Neuropsychologist981,000 HUF
Clinical Policy Developer399,000 HUF
Clinical Psychologist1,420,000 HUF
Clinical Research Coordinator509,000 HUF
Clinical Scientist902,000 HUF
Clinical Social Worker350,000 HUF
CME Specialist750,000 HUF
Coding Practice Manager570,000 HUF
Community Relations Manager511,000 HUF
Company Nurse315,000 HUF
Correctional Treatment Specialist844,000 HUF
Counseling Psychologist1,060,000 HUF
Credentialing Analyst401,000 HUF
Critical Care Nurse428,000 HUF
CT Technologist437,000 HUF
Cytogenetic Technologist650,000 HUF
Data Coordinator202,000 HUF
Dental Assistant311,000 HUF
Dental Hygienist293,000 HUF
Dental Laboratory Technician293,000 HUF
Dental Receptionist234,000 HUF
Dental Technician292,000 HUF
Dental Therapist443,000 HUF
Dentist1,110,000 HUF
Dermatologist1,390,000 HUF
Diagnostic Medical Sonographer519,000 HUF
Dietetic Technician315,000 HUF
Dietitian923,000 HUF
Director of Medical Staff Services800,000 HUF
Discharge Coordinator210,000 HUF
Dispensing Optician433,000 HUF
District Nurse367,000 HUF
Doctor1,190,000 HUF
Dosimetrist620,000 HUF
EKG Technician433,000 HUF
Emergency Department Physician1,050,000 HUF
Emergency Management Director1,160,000 HUF
Emergency Response Specialist463,000 HUF
Emergency Services Director1,270,000 HUF
Endodontist1,360,000 HUF
Endoscopic Assistant382,000 HUF
Endoscopy Technician377,000 HUF
Enterostomal Therapist607,000 HUF
Epidemiologist748,000 HUF
ER Registration Supervisor309,000 HUF
Exercise Physiologist1,110,000 HUF
Family Nurse Practitioner430,000 HUF
FGP Ultrasound Techncian365,000 HUF
Food Services Director589,000 HUF
Forensic Pathologist1,210,000 HUF
General Medical Practitioner921,000 HUF
Genetic Counselor749,000 HUF
Head Nurse445,000 HUF
Health Compliance Director1,160,000 HUF
Health Economist1,140,000 HUF
Health Information Manager548,000 HUF
Health Services Manager1,010,000 HUF
Health Systems Specialist559,000 HUF
Health Technologist626,000 HUF
Health Unit Coordinator333,000 HUF
Healthcare Assistant347,000 HUF
Healthcare Consultant651,000 HUF
Healthcare Data Analyst467,000 HUF
Hearing Aid Specialist483,000 HUF
Histotechnologist587,000 HUF
Home Health Aide344,000 HUF
Home Health Scheduler254,000 HUF
Home Nurse358,000 HUF
ICU Registered Nurse416,000 HUF
Immunologist837,000 HUF
Industrial Hygienist597,000 HUF
Infection Control Coordinator435,000 HUF
Infection Control Practitioner929,000 HUF
Infection Preventionist665,000 HUF
Informatics Nurse Specialist390,000 HUF
Informatics Practice Specialist500,000 HUF
Intake Coordinator221,000 HUF
Internist1,500,000 HUF
Interventional Radiographer710,000 HUF
Interventionist1,440,000 HUF
Invasive Cardiologist1,920,000 HUF
Lab Assistant358,000 HUF
Laboratory Manager665,000 HUF
Laboratory Technician349,000 HUF
Lead Patient Account Representative425,000 HUF
Licensed Practical Nurse (LPN)363,000 HUF
Low Vision Therapist829,000 HUF
Mammography Technician354,000 HUF
Managed Care Assistant220,000 HUF
Maternity Services Director1,080,000 HUF
MDS Coordinator397,000 HUF
Medical Administrator498,000 HUF
Medical Assistant238,000 HUF
Medical Biller239,000 HUF
Medical Billing Clerk190,000 HUF
Medical Billing Specialist395,000 HUF
Medical Coder312,000 HUF
Medical Courier243,000 HUF
Medical Director1,100,000 HUF
Medical Equipment Maintenance Manager470,000 HUF
Medical Equipment Preparer374,000 HUF
Medical Forms Designer316,000 HUF
Medical Insurance Manager801,000 HUF
Medical Office Administrator436,000 HUF
Medical Office Assistant298,000 HUF
Medical Office Manager782,000 HUF
Medical Policy Manager636,000 HUF
Medical Policy Specialist387,000 HUF
Medical Project Coordinator291,000 HUF
Medical Records Administrator287,000 HUF
Medical Records Clerk140,000 HUF
Medical Records Coding Manager572,000 HUF
Medical Records Director659,000 HUF
Medical Records Transcriptionist242,000 HUF
Medical Scribe336,000 HUF
Medical Secretary252,000 HUF
Medical Staff Services Specialist491,000 HUF
Medical Technologist408,000 HUF
Medication Aide348,000 HUF
Mental Health Aide365,000 HUF
Mental Health Nurse397,000 HUF
Mental Health Technician364,000 HUF
Mental Health Therapst823,000 HUF
Mental Health Worker376,000 HUF
Mobile Phlebotomist267,000 HUF
MRI Technologist365,000 HUF
Music Therapist500,000 HUF
Naturopathic Physician1,370,000 HUF
Neonatal Nurse Practitioner520,000 HUF
Neonatologist977,000 HUF
Neurodiagnostic Techncian364,000 HUF
Neurologist1,390,000 HUF
Neurophysiology Technologist396,000 HUF
Neuropsychology Testing Assistant322,000 HUF
Nuclear Medical Technician506,000 HUF
Nuclear Medicine Physician1,170,000 HUF
Nuclear Medicine Technolgoist491,000 HUF
Nurse371,000 HUF
Nurse Educator421,000 HUF
Nurse Midwife445,000 HUF
Nurse Practitioner462,000 HUF
Nursing Assistant337,000 HUF
Nursing Coordinator439,000 HUF
Nursing Director884,000 HUF
Nursing Services Instructor423,000 HUF
Nursing Supervisor563,000 HUF
Nutrition Assistant381,000 HUF
Nutrition Services Aide476,000 HUF
Obstetrician / Gynecologist1,340,000 HUF
Occupaitional Therapy Assistant400,000 HUF
Occupational Health Advisor675,000 HUF
Occupational Health Safety Specialist676,000 HUF
Occupational Therapist613,000 HUF
Oncology Specialty Representative461,000 HUF
Operating Room Scheduler334,000 HUF
Operating Room Services Director1,040,000 HUF
Ophthalmic Assistant399,000 HUF
Ophthalmic Laboratory Technician399,000 HUF
Ophthalmologist980,000 HUF
Optician805,000 HUF
Optometrist974,000 HUF
Oral Surgeon1,440,000 HUF
Orthodontic Assistant316,000 HUF
Orthodontist1,330,000 HUF
Orthopedic Technician385,000 HUF
Orthoptist1,050,000 HUF
Orthotist1,050,000 HUF
Pathology Assistant361,000 HUF
Patient Account Represenatative354,000 HUF
Patient Care Coordinator455,000 HUF
Patient Care Manager685,000 HUF
Patient Care Services Executive540,000 HUF
Patient Care Technician349,000 HUF
Patient Management Coordinator313,000 HUF
Patient Registrar247,000 HUF
Patient Relations Manager589,000 HUF
Patient Representative332,000 HUF
Patient Safety Manager552,000 HUF
Patient Safety Specialist461,000 HUF
Patient Services Coordinator548,000 HUF
Patient Services Director722,000 HUF
Patient Sitter300,000 HUF
Pediatrician1,130,000 HUF
Perfusionist1,160,000 HUF
Periodontist1,360,000 HUF
Perioperative Aide468,000 HUF
Personal Support Worker300,000 HUF
Phlebotomist284,000 HUF
Physical Therapist755,000 HUF
Physical Therapy Aide315,000 HUF
Physical Therapy Assistant315,000 HUF
Physical Therapy Director870,000 HUF
Physician1,190,000 HUF
Physician - Anesthesiology1,620,000 HUF
Physician - Cardiology1,730,000 HUF
Physician - CCU980,000 HUF
Physician - Dermatology1,380,000 HUF
Physician - Emergency Room1,030,000 HUF
Physician - Endocrinology1,320,000 HUF
Physician - Family Practice915,000 HUF
Physician - Gastroenterology1,240,000 HUF
Physician - Generalist991,000 HUF
Physician - Geriatrics852,000 HUF
Physician - Hematology / Oncology1,190,000 HUF
Physician - Immunology / Allergy1,360,000 HUF
Physician - Infectious Disease1,160,000 HUF
Physician - Internal Medicine1,410,000 HUF
Physician - Maternal / Fetal Medicine1,120,000 HUF
Physician - Nephrology1,370,000 HUF
Physician - Neurology1,370,000 HUF
Physician - Nuclear Medicine1,160,000 HUF
Physician - Obstetrics / Gynecology1,220,000 HUF
Physician - Occupational Medicine944,000 HUF
Physician - Ophthalmology887,000 HUF
Physician - Otolaryngology917,000 HUF
Physician - Pain Medicine854,000 HUF
Physician - Pathology1,080,000 HUF
Physician - Pediatric Cardiology1,340,000 HUF
Physician - Pediatric Neonatology1,270,000 HUF
Physician - Pediatrics1,150,000 HUF
Physician - Physiatry1,250,000 HUF
Physician - Podiatry1,150,000 HUF
Physician - Pulmonary Medicine903,000 HUF
Physician - Radiation Therapy1,480,000 HUF
Physician - Radiology1,480,000 HUF
Physician - Rheumatology1,300,000 HUF
Physician - Sports Medicine1,280,000 HUF
Physician - Urology1,660,000 HUF
Physician Assistant773,000 HUF
Physiotherapist861,000 HUF
Podiatrist845,000 HUF
Practice Manager877,000 HUF
Pre Authorization Case Manager542,000 HUF
Preventive Medicine Physician1,150,000 HUF
Program Coordinator215,000 HUF
Project Manager559,000 HUF
Prosthetist886,000 HUF
Prosthodontist1,360,000 HUF
Psychiatric Nurse359,000 HUF
Psychiatric Technician352,000 HUF
Psychiatrist1,190,000 HUF
Psychololgist1,230,000 HUF
Psychometrician1,050,000 HUF
Psychometrist609,000 HUF
Public Health Analyst809,000 HUF
Public Health Social Worker223,000 HUF
Public Health Specialist806,000 HUF
Quality Assurance Manager620,000 HUF
Radiation Therapist1,260,000 HUF
Radiation Therapy Technologist510,000 HUF
Radiographer831,000 HUF
Radiography Technologist509,000 HUF
Radiologic Technologist544,000 HUF
Radiologist1,240,000 HUF
Radiology Manager1,170,000 HUF
Radiology Technologist521,000 HUF
Registered Nurse387,000 HUF
Registered Nurse Case Manager446,000 HUF
Registered Respiratory Therapist778,000 HUF
Rehabilitation Director1,010,000 HUF
Rehabilitation Services Manager1,130,000 HUF
Respiratory Care Practitioner1,020,000 HUF
Respiratory Manager709,000 HUF
Respiratory Therapist747,000 HUF
Respiratory Therapy Technician450,000 HUF
School Nurse337,000 HUF
Skin Care Specialist707,000 HUF
Sonographer545,000 HUF
Sonography Technologist519,000 HUF
Speech and Language Pathologist770,000 HUF
Staff Nurse365,000 HUF
Surgeon1,420,000 HUF
Surgeon - Burn1,360,000 HUF
Surgeon - Cardiothoracic1,860,000 HUF
Surgeon - Heart Transplant2,030,000 HUF
Surgeon - Neurology1,740,000 HUF
Surgeon - Orthopedic1,960,000 HUF
Surgeon - Pediatric1,570,000 HUF
Surgeon - Plastic Reconstructive1,820,000 HUF
Surgeon - Trauma1,450,000 HUF
Surgical Assistant476,000 HUF
Surgical Instrument Techncian441,000 HUF
Surgical Technologist492,000 HUF
Telephonic Nurse Case Manager526,000 HUF
Theatre Manager624,000 HUF
Treatment Services Director1,390,000 HUF
Ultrasonographer436,000 HUF
Ultrasound Technologist393,000 HUF
Urologist1,690,000 HUF
Utilization Review Nurse401,000 HUF
Vascular Technologist354,000 HUF
Vision Rehabilitation Therapist770,000 HUF
Ward Manager670,000 HUF
Wellness Coordinator450,000 HUF
X-Ray Technologist516,000 HUF

Health and Medical Jobs Salary Distribution in Hungary

Median and salary distribution monthly Hungary Health and Medical
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The median, the maximum, the minimum, and the range

  • Salary Range

    Health and Medical salaries in Hungary range from 154,000 HUF per month (minimum average salary) to 2,200,000 HUF per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 766,000 HUF per month, which means that half (50%) of people working in Health and Medical are earning less than 766,000 HUF while the other half are earning more than 766,000 HUF. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Health and Medical are earning less than 414,000 HUF while 75% of them are earning more than 414,000 HUF. Also from the diagram, 75% of people working in Health and Medical are earning less than 1,540,000 HUF while 25% are earning more than 1,540,000 HUF.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Hungary costs anywhere from 2,470,000 Forint(s) to 7,400,000 Forint(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Health and Medical Salary Comparison By Gender

Salary comparison by gender monthly Hungary Health and Medical
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Hungary who work in Health and Medical earn 6% more than their female counterparts on average.

Male
762,000 HUF
Female-6%
719,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Hungary for all Careers

Salary comparison by gender monthly Hungary
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Health and Medical Average Annual Salary Increment Percentage in Hungary

How much are annual salary increments in Hungary for Health and Medical professionals? How often do employees get salary raises?

Health and Medical

Health and Medical professionals in Hungary are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Hungary Health and Medical
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Hungary / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Hungary is 6%.

Annual Increment Rate By Industry 2020

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in Hungary for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Health and Medical Bonus and Incentive Rates in Hungary

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Hungary Health and Medical
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Health and Medical is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

47% of surveyed staff in Health and Medical reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
53%
No Bonus
47%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Health and Medical Hourly Average Wage in Hungary


4,250 HUF per hour

The average hourly wage (pay per hour) in Hungary is 4,250 HUF. This means that the average person in Hungary earns approximately 4,250 HUF for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Health and Medical VS Other Jobs

Salary Comparison Between Health and Medical and Health and Medical monthly Hungary
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The average salary for Health and Medical is 49% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Budapest746,000 HUF
Debrecen700,000 HUF

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Hungary earn 9% more than their private sector counterparts on average across all sectors.

Private Sector
474,000 HUF
Public Sector+9%
516,000 HUF
Percentage increase and decrease are relative to the previous value

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