Minimum Wages in Hungary increased to 541.73 EUR/Month in the first quarter of 2022 from 476 EUR/Month in the third quarter of 2021. source: EUROSTAT

Minimum Wages in Hungary averaged 295.80 EUR/Month from 1999 until 2022, reaching an all time high of 541.73 EUR/Month in the first quarter of 2022 and a record low of 89.15 EUR/Month in the first quarter of 1999. This page provides - Hungary Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Minimum Monthly Wage - values, historical data and charts - was last updated on June of 2022.

Minimum Wages in Hungary is expected to be 480.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Gross Minimum Monthly Wage is projected to trend around 510.00 EUR/Month in 2023, according to our econometric models.

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Hungary Gross Minimum Monthly Wage

Related Last Previous Unit Reference
Long Term Unemployment Rate 1.30 1.30 percent Dec 2021
Youth Unemployment Rate 11.40 9.20 percent Apr 2022
Labour Costs 168.32 142.31 points Mar 2022
Minimum Wages 541.73 476.00 EUR/Month Mar 2022
Productivity 115.42 113.20 points Mar 2022
Part Time Employment 205.70 203.90 Thousand Dec 2021
Full Time Employment 4374.30 4356.80 Thousand Dec 2021
Employment Change 0.80 1.20 percent Sep 2021