Hungary Gross Average Wages Growth  1999-2017 | Data | Chart | Calendar

Gross wages in Hungary increased 13.1 percent year-on-year in July of 2017, following a 14.4 percent gain in June. Private sector wages rose 12.1 percent (compared to 13.5 percent in June) and those in the public sector went up 15.2 percent (compared to 16.1 percent in June). Wages have been steadily increasing, mainly due to big hikes in the minimum wage since the start of the year as well as salary adjustments in some specific areas of the public sector and state owned companies Wage Growth in Hungary averaged 7.98 percent from 1999 until 2017, reaching an all time high of 26.19 percent in January of 2005 and a record low of -5.30 percent in January of 2009.

Hungary Gross Average Wages Growth
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-20 07:00 AM Gross Wage YoY 12.9% 14.6% 10.81%
2017-08-22 07:00 AM Gross Wage YoY 14.4% 12.9% 11.6%
2017-09-20 07:00 AM Gross Wage YoY 13.1% 14.4% 12.9%
2017-10-19 07:00 AM Gross Wage YoY 13.1% 12.83%
2017-11-22 08:00 AM Gross Wage YoY 12.78%
2017-12-20 08:00 AM Gross Wage YoY 12.87%


Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.30 11.80 4.20 percent [+]
Employed Persons 4433638.00 4419558.00 4433638.00 3678730.00 [+]
Unemployed Persons 193414.00 196361.00 506520.00 193414.00 [+]
Long Term Unemployment Rate 1.90 2.00 5.70 1.90 percent [+]
Youth Unemployment Rate 10.60 10.80 29.20 10.60 percent [+]
Labour Costs 121.10 124.30 124.30 32.00 Index Points [+]
Job Vacancies 65711.00 59831.00 65711.00 21130.00 [+]
Wages 290450.00 297251.00 303011.00 60268.00 HUF/Month [+]
Wage Growth 13.10 14.40 26.19 -5.30 percent [+]
Minimum Wages 411.52 350.09 411.52 89.15 EUR/Month [+]
Population 9.80 9.83 10.71 9.21 Million [+]
Retirement Age Women 62.50 62.50 62.50 59.00 [+]
Retirement Age Men 62.50 62.50 62.50 60.00 [+]
Employment Change 0.30 0.80 2.70 -1.40 percent [+]
Employment Rate 59.43 59.20 59.43 47.98 percent [+]
Full Time Employment 4128.90 4157.10 4157.10 3150.50 Thousand [+]
Productivity 101.10 92.80 113.00 59.70 Index Points [+]
Part Time Employment 193.70 201.70 265.20 111.90 Thousand [+]
Labor Force Participation Rate 62.02 61.83 62.02 53.84 percent [+]
Living Wage Family 230141.50 222903.40 230141.50 212114.50 HUF/Month [+]
Living Wage Individual 180032.10 179101.40 180032.10 164811.50 HUF/Month [+]
Wages High Skilled 271000.00 262900.00 274300.00 185500.00 HUF/Month [+]
Wages Low Skilled 116300.00 116100.00 116300.00 110500.00 HUF/Month [+]


Hungary Gross Average Wages Growth

Gross wage measures the year over year change in gross monthly average earnings of full-time employees in the national economy. . This page provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wages Growth - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
13.10 14.40 26.19 -5.30 1999 - 2017 percent Monthly
NSA




wage growth by Country

Last
Australia 1.90 Jun/17
Euro Area 2.00 Jun/17
France 0.50 Mar/17
Germany 0.60 Mar/17
Italy 0.40 Jul/17
Japan -0.30 Jul/17
Netherlands 1.57 Aug/17
Russia 3.70 Aug/17
Switzerland 0.70 Dec/16
United Kingdom 2.10 Jul/17
United States 2.95 May/17