Productivity in Hungary decreased to 107.90 points in the second quarter of 2020 from 109.90 points in the first quarter of 2020.

Productivity in Hungary averaged 88.01 points from 1995 until 2020, reaching an all time high of 109.90 points in the first quarter of 2020 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 October 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
107.90 109.90 109.90 62.20 1995 - 2020 points Quarterly
2015=100, SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.80 11.80 3.30 percent [+]
Employed Persons 4477272.00 4438933.00 4520990.00 3678730.00 [+]
Unemployed Persons 214437.00 224303.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 0.90 1.00 5.70 0.90 percent [+]
Youth Unemployment Rate 14.10 15.20 29.30 9.60 percent [+]
Labour Costs 151.50 142.10 151.50 30.60 points [+]
Job Vacancies 59698.00 58233.00 87665.00 21130.00 [+]
Wages 401847.00 421743.00 421743.00 60268.00 HUF/Month [+]
Wage Growth 10.80 15.60 26.19 -5.30 percent [+]
Minimum Wages 451.51 487.10 487.10 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 239.00 206.00 265.20 111.90 Thousand [+]
Labor Force Participation Rate 63.33 62.94 63.33 53.84 percent [+]
Productivity 107.90 109.90 109.90 62.20 points [+]
Employment Change -5.30 -0.30 1.80 -5.30 percent [+]
Employment Rate 60.43 59.91 60.95 47.98 percent [+]
Full Time Employment 4077.10 4180.40 4250.40 3150.50 Thousand [+]


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