Wages in Hungary decreased to 421001 HUF/Month in July from 423621 HUF/Month in June of 2021. source: Hungarian Central Statistical Office

Wages in Hungary averaged 208546.78 HUF/Month from 1998 until 2021, reaching an all time high of 449442 HUF/Month in December of 2020 and a record low of 60268 HUF/Month in January of 1998. This page provides - Hungary Gross Average Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wages - values, historical data and charts - was last updated on October of 2021.

Wages in Hungary is expected to be 485397.00 HUF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Gross Average Wages is projected to trend around 525200.00 HUF/Month in 2022 and 568266.00 HUF/Month in 2023, according to our econometric models.

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Hungary Gross Average Wages

Hungary Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.10 percent Aug/21 3.90 11.80 3.30
Employed Persons 4678442.00 Aug/21 4704345.00 4704345.00 3678730.00
Unemployed Persons 194142.00 Aug/21 189278.00 506520.00 155219.00
Job Vacancies 62535.00 Mar/21 61573.00 87665.00 21130.00
Wages 421001.00 HUF/Month Jul/21 423621.00 449442.00 60268.00
Wage Growth 8.10 percent Jul/21 3.70 26.19 -5.30
Population 9.77 Million Dec/20 9.77 10.71 9.21
Employment Rate 63.64 percent Aug/21 63.97 63.97 49.49
Labor Force Participation Rate 66.28 percent Aug/21 66.55 66.55 53.84

Hungary Gross Average Wages
In Hungary, wages are benchmarked using average gross salaries.