Labour Costs in Hungary increased to 157.61 points in the fourth quarter of 2022 from 147.23 points in the third quarter of 2022. source: EUROSTAT

Labour Costs in Hungary averaged 93.32 points from 1995 until 2022, reaching an all time high of 166.00 points in the first quarter of 2022 and a record low of 30.75 points in the first quarter of 1995. This page provides - Hungary Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Unit Labour Costs - values, historical data and charts - was last updated on June of 2023.

Labour Costs in Hungary is expected to be 136.45 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Unit Labour Costs is projected to trend around 158.39 points in 2024 and 162.35 points in 2025, according to our econometric models.

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Hungary Unit Labour Costs



Related Last Previous Unit Reference
Long Term Unemployment Rate 1.30 1.20 percent Dec 2022
Youth Unemployment Rate 10.40 10.90 percent Mar 2023
Labour Costs 157.61 147.23 points Dec 2022
Minimum Wages 578.74 503.73 EUR/Month Mar 2023
Productivity 115.63 116.52 points Dec 2022
Part Time Employment 194.50 195.20 Thousand Dec 2022
Full Time Employment 4394.50 4406.00 Thousand Dec 2022
Employment Change -0.10 0.00 percent Dec 2022