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

Gross wages in Hungary increased 13.6 percent year-on-year in September 2017, following a 13.2 percent gain in the previous month, as both wages in the public sector (18.2 percent vs 17.8 percent in August) and those in the private sector (11.7 percent vs 11.5 percent) continued to climb. Wages have been steadily increasing, mainly due to big hikes in the minimum wage from 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 8.02 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
2017-09-20 07:00 AM Gross Wage YoY 13.1% 14.4% 12.9%
2017-10-19 07:00 AM Gross Wage YoY 13.2% 13.1% 12.5%
2017-11-22 08:00 AM Gross Wage YoY 13.6% 13.2% 12.7%
2017-12-20 08:00 AM Gross Wage YoY 13.6% 12.87%
2018-01-20 08:00 AM Gross Wage YoY
2018-02-20 08:00 AM Gross Wage YoY


Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.10 11.80 4.00 percent [+]
Employed Persons 4445052.00 4450651.00 4450651.00 3678730.00 [+]
Unemployed Persons 183458.00 188517.00 506520.00 183458.00 [+]
Long Term Unemployment Rate 1.80 1.90 5.70 1.80 percent [+]
Youth Unemployment Rate 10.80 11.00 29.40 10.50 percent [+]
Labour Costs 110.60 121.10 124.30 32.00 Index Points [+]
Job Vacancies 73713.00 65711.00 73713.00 21130.00 [+]
Wages 292944.00 292440.00 303011.00 60268.00 HUF/Month [+]
Wage Growth 13.60 13.20 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 [+]
Labor Force Participation Rate 62.14 62.25 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 190.20 193.70 265.20 111.90 Thousand [+]
Productivity 107.50 101.10 113.00 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 0.30 0.80 2.70 -1.40 percent [+]
Employment Rate 59.68 59.72 59.72 47.98 percent [+]
Full Time Employment 4180.70 4128.90 4180.70 3150.50 Thousand [+]


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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
13.60 13.20 26.19 -5.30 1999 - 2017 percent Monthly
NSA




wage growth by Country
Country Last
Australia 2.00 Sep/17
Euro Area 2.00 Jun/17
France 0.30 Jun/17
Germany 1.20 Jun/17
Italy 0.70 Oct/17
Japan 0.60 Oct/17
Netherlands 1.57 Nov/17
Russia 4.30 Oct/17
Switzerland 0.30 Jun/17
United Kingdom 2.20 Sep/17
United States 3.22 Sep/17