Minimum wages in Hungary decreased to 418.47 EUR/Month in the second half of 2018 from 444.69 EUR/Month in the first half. Minimum Wages in Hungary averaged 264.47 EUR/Month from 1999 until 2018, reaching an all time high of 444.69 EUR/Month in the second quarter of 2018 and a record low of 89.15 EUR/Month in the second quarter of 1999.
Minimum Wages in Hungary is expected to be 450.00 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 450.00 in 12 months time. In the long-term, the Hungary Gross Minimum Monthly Wage is projected to trend around 550.00 EUR/Month in 2020, according to our econometric models.