Productivity in Hungary increased to 112.50 points in the first quarter of 2021 from 110.50 points in the fourth quarter of 2020. source: EUROSTAT

Productivity in Hungary averaged 88.66 points from 1995 until 2021, reaching an all time high of 112.50 points in the first quarter of 2021 and a record low of 62.20 points in the third quarter of 1996. This page provides - Hungary Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Productivity - values, historical data and charts - was last updated on July of 2021.

Productivity in Hungary is expected to be 104.69 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Hungary to stand at 104.69 in 12 months time. In the long-term, the Hungary Productivity is projected to trend around 104.69 points in 2022, according to our econometric models.

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Hungary Productivity

Actual Previous Highest Lowest Dates Unit Frequency
112.50 110.50 112.50 62.20 1995 - 2021 points Quarterly
2015=100, SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.30 11.80 3.30 percent [+]
Employed Persons 4606514.00 4559329.00 4627205.00 3678730.00 [+]
Unemployed Persons 189371.00 211114.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.10 1.30 5.70 0.90 percent [+]
Youth Unemployment Rate 13.90 13.90 29.30 9.60 percent [+]
Labour Costs 149.90 132.20 149.90 30.60 points [+]
Job Vacancies 62535.00 61573.00 87665.00 21130.00 [+]
Wages 427641.00 423706.00 449442.00 60268.00 HUF/Month [+]
Wage Growth 10.30 9.20 26.19 -5.30 percent [+]
Minimum Wages 442.44 451.51 487.10 89.15 EUR/Month [+]
Population 9.77 9.77 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 [+]
Part Time Employment 192.40 207.90 265.20 111.90 Thousand [+]
Labor Force Participation Rate 65.16 64.77 65.27 53.84 percent [+]
Productivity 112.50 110.50 112.50 62.20 points [+]
Employment Change 1.10 1.10 2.10 -4.50 percent [+]
Employment Rate 62.59 61.90 63.12 49.49 percent [+]
Full Time Employment 4205.30 4195.20 4250.40 3150.50 Thousand [+]


Hungary Productivity
In Hungary, productivity refers to real labour productivity per hour worked.