Labour Costs in Hungary increased to 120.70 Index Points in the fourth quarter of 2018 from 117.50 Index Points in the third quarter of 2018. Labour Costs in Hungary averaged 85.33 Index Points from 1995 until 2018, reaching an all time high of 129.30 Index Points in the first quarter of 2018 and a record low of 31.30 Index Points in the first quarter of 1995.

Hungary Unit Labour Costs
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Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 11.80 3.60 percent [+]
Employed Persons 4497385.00 4480725.00 4502086.00 3678730.00 [+]
Unemployed Persons 168150.00 169762.00 506520.00 165147.00 [+]
Long Term Unemployment Rate 1.40 1.40 5.70 1.40 percent [+]
Youth Unemployment Rate 11.60 11.30 29.50 9.60 percent [+]
Labour Costs 120.70 117.50 129.30 31.30 Index Points [+]
Job Vacancies 83337.00 87665.00 87665.00 21130.00 [+]
Wages 343469.00 359978.00 359978.00 60268.00 HUF/Month [+]
Wage Growth 10.60 10.20 26.19 -5.30 percent [+]
Minimum Wages 464.20 418.47 464.20 89.15 EUR/Month [+]
Population 9.78 9.80 10.71 9.21 Million [+]
Retirement Age Women 64.00 63.50 64.00 59.00 [+]
Retirement Age Men 64.00 63.50 64.00 60.00 [+]
Labor Force Participation Rate 62.87 62.66 62.93 53.84 percent [+]
Living Wage Family 221500.00 212300.00 221500.00 202500.00 HUF/Month [+]
Living Wage Individual 144800.00 135900.00 144800.00 127200.00 HUF/Month [+]
Part Time Employment 189.70 194.70 265.20 111.90 Thousand [+]
Productivity 121.70 112.40 121.70 59.70 Index Points [+]
Wages High Skilled 281600.00 246400.00 281600.00 218900.00 HUF/Month [+]
Wages Low Skilled 140400.00 120700.00 140400.00 109400.00 HUF/Month [+]
Employment Change 0.50 0.50 2.60 -1.40 percent [+]
Employment Rate 60.60 60.37 68.70 47.98 percent [+]
Full Time Employment 4226.70 4230.90 4233.10 3150.50 Thousand [+]


Hungary Unit Labour Costs

This page provides - Hungary Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Unit Labour Costs - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
120.70 117.50 129.30 31.30 1995 - 2018 Index Points Quarterly
NSA, 2010=100




Country Last Previous
Australia 103.60 Dec/18
Brazil 120.65 Feb/19
Canada 107.34 Dec/18
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 108.50 Dec/18
Germany 115.62 Dec/18
Italy 108.70 Dec/18
Mexico 86.40 Jan/19
Netherlands 108.30 Dec/18
Singapore 117.00 Dec/18
South Africa 154.00 Sep/18
South Korea 109.40 Sep/18
Spain 106.00 Dec/18
Turkey 162.85 Dec/18
United Kingdom 105.60 Dec/18
United States 109.78 Dec/18


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