Productivity in Hungary increased to 108.80 points in the fourth quarter of 2019 from 108.30 points in the third quarter of 2019.

Productivity in Hungary averaged 87.59 points from 1995 until 2019, reaching an all time high of 108.80 points in the fourth quarter of 2019 and a record low of 62.20 points in the third quarter of 1996. This page provides - Hungary Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Productivity - values, historical data and charts - was last updated on May of 2020.

Productivity in Hungary is expected to be 104.69 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Hungary to stand at 104.69 in 12 months time. In the long-term, the Hungary Productivity is projected to trend around 104.69 points in 2021, according to our econometric models.

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Hungary Productivity

Actual Previous Highest Lowest Dates Unit Frequency
108.80 108.30 108.80 62.20 1995 - 2019 points Quarterly
2015=100, SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.50 11.80 3.30 percent [+]
Employed Persons 4465756.00 4489600.00 4520990.00 3678730.00 [+]
Unemployed Persons 172999.00 163741.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 0.90 1.10 5.70 0.90 percent [+]
Youth Unemployment Rate 11.30 10.70 29.30 9.60 percent [+]
Labour Costs 128.60 123.10 133.40 31.30 points [+]
Job Vacancies 74824.00 78315.00 87665.00 21130.00 [+]
Wages 377303.00 375232.00 406388.00 60268.00 HUF/Month [+]
Wage Growth 9.10 9.20 26.19 -5.30 percent [+]
Minimum Wages 464.20 464.20 464.20 89.15 EUR/Month [+]
Population 9.77 9.78 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 [+]
Part Time Employment 187.20 201.00 265.20 111.90 Thousand [+]
Labor Force Participation Rate 62.59 62.78 63.14 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 [+]
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 [+]
Productivity 108.80 108.30 108.80 62.20 points [+]
Employment Change 0.20 0.10 1.80 -1.30 percent [+]
Employment Rate 60.26 60.57 60.95 47.98 percent [+]
Full Time Employment 4250.40 4241.60 4250.40 3150.50 Thousand [+]


Hungary Productivity
In Hungary, productivity refers to real labour productivity per hour worked.