Minimum Wages in Hungary increased to 476 EUR/Month in the third quarter of 2021 from 442.44 EUR/Month in the first quarter of 2021. source: EUROSTAT

Minimum Wages in Hungary averaged 290.45 EUR/Month from 1999 until 2021, reaching an all time high of 487.10 EUR/Month in the first quarter of 2020 and a record low of 89.15 EUR/Month in the first quarter of 1999. This page provides - Hungary Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2021.

Minimum Wages in Hungary is expected to be 440.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Hungary to stand at 480.00 in 12 months time. In the long-term, the Hungary Gross Minimum Monthly Wage is projected to trend around 480.00 EUR/Month in 2022 and 510.00 EUR/Month in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Hungary Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
476.00 442.44 487.10 89.15 1999 - 2021 EUR/Month Quarterly

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 [+]