Productivity in Hungary increased to 113.20 points in the second quarter of 2021 from 112.50 points in the first quarter of 2021. source: EUROSTAT

Productivity in Hungary averaged 88.89 points from 1995 until 2021, reaching an all time high of 113.20 points in the second 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 September 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. 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
113.20 112.50 113.20 62.20 1995 - 2021 points Quarterly
2015=100, SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.10 11.80 3.30 percent [+]
Employed Persons 4691904.00 4606514.00 4691904.00 3678730.00 [+]
Unemployed Persons 193486.00 189371.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.10 1.30 5.70 0.90 percent [+]
Youth Unemployment Rate 16.80 13.50 30.10 8.30 percent [+]
Labour Costs 141.10 149.90 149.90 30.70 points [+]
Job Vacancies 62535.00 61573.00 87665.00 21130.00 [+]
Wages 423621.00 419073.00 449442.00 60268.00 HUF/Month [+]
Wage Growth 3.70 8.50 26.19 -5.30 percent [+]
Minimum Wages 476.00 442.44 487.10 89.15 EUR/Month [+]
Population 9.77 9.77 10.71 9.21 Million [+]
Retirement Age Women 64.50 64.00 64.50 59.00 [+]
Retirement Age Men 64.50 64.00 64.50 60.00 [+]
Part Time Employment 210.40 213.80 265.20 111.90 Thousand [+]
Labor Force Participation Rate 66.41 65.16 66.41 53.84 percent [+]
Productivity 113.20 112.50 113.20 62.20 points [+]
Employment Change 1.10 1.10 2.10 -4.50 percent [+]
Employment Rate 63.78 62.59 63.78 49.49 percent [+]
Full Time Employment 4314.00 4262.50 4314.00 3150.50 Thousand [+]


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