Labour Costs in Hungary increased to 133.40 Index Points in the first quarter of 2019 from 120.70 Index Points in the fourth quarter of 2018. Labour Costs in Hungary averaged 85.82 Index Points from 1995 until 2019, reaching an all time high of 133.40 Index Points in the first quarter of 2019 and a record low of 31.30 Index Points in the first quarter of 1995.

Hungary Unit Labour Costs
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Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.40 11.80 3.30 percent [+]
Employed Persons 4510859.00 4500356.00 4510859.00 3678730.00 [+]
Unemployed Persons 155488.00 160375.00 506520.00 155488.00 [+]
Long Term Unemployment Rate 1.20 1.30 5.70 1.20 percent [+]
Youth Unemployment Rate 11.50 11.90 29.50 9.60 percent [+]
Labour Costs 133.40 120.70 133.40 31.30 Index Points [+]
Job Vacancies 80024.00 83337.00 87665.00 21130.00 [+]
Wages 364354.00 371131.00 371131.00 60268.00 HUF/Month [+]
Wage Growth 11.20 9.00 26.19 -5.30 percent [+]
Minimum Wages 464.20 418.47 464.20 89.15 EUR/Month [+]
Population 9.78 9.80 10.71 9.21 Million [+]
Retirement Age Women 64.00 63.50 64.00 59.00 [+]
Retirement Age Men 64.00 63.50 64.00 60.00 [+]
Labor Force Participation Rate 62.88 62.81 62.93 53.84 percent [+]
Living Wage Family 221500.00 212300.00 221500.00 202500.00 HUF/Month [+]
Living Wage Individual 144800.00 135900.00 144800.00 127200.00 HUF/Month [+]
Productivity 100.10 121.70 121.70 59.70 Index Points [+]
Part Time Employment 196.00 189.70 265.20 111.90 Thousand [+]
Wages High Skilled 281600.00 246400.00 281600.00 218900.00 HUF/Month [+]
Wages Low Skilled 140400.00 120700.00 140400.00 109400.00 HUF/Month [+]
Employment Change 1.00 0.70 2.70 -1.40 percent [+]
Employment Rate 60.78 60.65 68.70 47.98 percent [+]
Full Time Employment 4234.00 4226.70 4234.00 3150.50 Thousand [+]


Hungary Unit Labour Costs

This page provides - Hungary Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Unit Labour Costs - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
133.40 120.70 133.40 31.30 1995 - 2019 Index Points Quarterly
NSA, 2010=100




Country Last Previous
Australia 103.80 Mar/19
Brazil 101.89 Jun/19
Canada 108.49 Mar/19
China 104.30 Jun/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 94.90 Jun/19
Netherlands 105.20 Mar/19
Singapore 99.50 Jun/19
South Africa 156.20 Dec/18
South Korea 129.90 Mar/19
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 111.89 Jun/19


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