Hungary Unemployment Rate  1999-2018 | Data | Chart | Calendar | Forecast

The unemployment rate in Hungary dropped to 3.9 percent in the three months to March 2018, from 4.5 percent in same period of the previous year. The number of unemployed people declined by 29 thousand from the previous year to 178 thousand, while the number of employees rose by 67 thousand to 4.435 million. The 15-24 age group recorded the highest unemployment rate (10.4 percent), followed by the 25-54 age group (3.6 percent) and the 65-74 age group (2.3 percent). Unemployment Rate in Hungary averaged 7.53 percent from 1999 until 2018, reaching an all time high of 11.80 percent in March of 2010 and a record low of 3.80 percent in November of 2017.

Hungary Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-27 08:00 AM Unemployment Rate 3.8% 3.8% 3.8%
2018-03-28 07:00 AM Unemployment Rate 3.8% 3.8% 3.9%
2018-04-27 07:00 AM Unemployment Rate 3.9% 3.8% 3.7%
2018-05-29 07:00 AM Unemployment Rate 3.9% 3.7%
2018-06-28 07:00 AM Unemployment Rate 3.7%
2018-07-27 07:00 AM Unemployment Rate 3.8%


Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.80 11.80 3.80 percent [+]
Employed Persons 4435200.00 4441100.00 4477393.00 3678730.00 [+]
Unemployed Persons 178000.00 173680.00 506520.00 173680.00 [+]
Long Term Unemployment Rate 1.50 1.50 5.70 1.50 percent [+]
Youth Unemployment Rate 10.40 10.90 29.40 10.30 percent [+]
Labour Costs 115.20 110.60 124.30 32.00 Index Points [+]
Job Vacancies 73216.00 73713.00 73713.00 21130.00 [+]
Wages 306507.00 310817.00 327713.00 60268.00 HUF/Month [+]
Wage Growth 11.30 11.90 26.19 -5.30 percent [+]
Minimum Wages 444.69 412.66 444.69 89.15 EUR/Month [+]
Population 9.80 9.83 10.71 9.21 Million [+]
Retirement Age Women 63.50 63.50 63.50 59.00 [+]
Retirement Age Men 63.50 63.50 63.50 60.00 [+]
Labor Force Participation Rate 62.03 62.11 62.25 53.84 percent [+]
Living Wage Family 239100.00 236000.00 239100.00 198600.00 HUF/Month [+]
Living Wage Individual 164300.00 160700.00 164300.00 124800.00 HUF/Month [+]
Part Time Employment 191.10 178.60 265.20 111.90 Thousand [+]
Productivity 119.00 107.50 119.00 59.70 Index Points [+]
Wages High Skilled 272000.00 228800.00 272000.00 217000.00 HUF/Month [+]
Wages Low Skilled 137900.00 115100.00 137900.00 108800.00 HUF/Month [+]
Employment Change 0.60 0.30 2.70 -1.40 percent [+]
Employment Rate 68.70 59.65 68.70 47.98 percent [+]
Full Time Employment 4206.70 4223.80 4223.80 3150.50 Thousand [+]


Hungary Unemployment Rate

In Hungary, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Hungary Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.80 11.80 3.80 1999 - 2018 percent Monthly




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 13.10 Mar/18
Italy 11.00 Mar/18
Turkey 10.60 Feb/18
France 9.20 Mar/18
Euro Area 8.50 Mar/18
Canada 5.80 Apr/18
Australia 5.60 Apr/18
Indonesia 5.13 Mar/18
Russia 4.90 Apr/18
United Kingdom 4.20 Mar/18
Netherlands 3.90 Apr/18
United States 3.90 Apr/18
China 3.89 Mar/18
South Korea 3.80 Apr/18
India 3.52 Dec/17
Germany 3.40 Mar/18
Mexico 2.90 Mar/18
Switzerland 2.70 Apr/18
Japan 2.50 Mar/18


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