Wages in Hungary increased to 423621 HUF/Month in June from 419073 HUF/Month in May of 2021. source: Hungarian Central Statistical Office

Wages in Hungary averaged 207793.40 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 September of 2021.

Wages in Hungary is expected to be 423737.00 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

Actual Previous Highest Lowest Dates Unit Frequency
423621.00 419073.00 449442.00 60268.00 1998 - 2021 HUF/Month Monthly
Current Prices, NSA

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