Productivity in Hungary increased to 108.90 points in the third quarter of 2020 from 107.90 points in the second quarter of 2020. source: EUROSTAT

Productivity in Hungary averaged 88.21 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 January of 2021.

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
108.90 107.90 109.90 62.20 1995 - 2020 points Quarterly
2015=100, SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.30 11.80 3.30 percent [+]
Employed Persons 4476449.00 4482445.00 4520990.00 3678730.00 [+]
Unemployed Persons 203763.00 202168.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.20 0.90 5.70 0.90 percent [+]
Youth Unemployment Rate 11.90 11.50 29.30 9.60 percent [+]
Labour Costs 125.90 151.50 151.50 30.60 points [+]
Job Vacancies 63172.00 59698.00 87665.00 21130.00 [+]
Wages 397364.00 392349.00 421743.00 60268.00 HUF/Month [+]
Wage Growth 8.80 8.80 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 207.90 239.00 265.20 111.90 Thousand [+]
Labor Force Participation Rate 63.19 63.24 63.36 53.84 percent [+]
Productivity 108.90 107.90 109.90 62.20 points [+]
Employment Change -5.30 -0.30 1.80 -5.30 percent [+]
Employment Rate 60.44 60.51 60.95 47.98 percent [+]
Full Time Employment 4195.20 4077.10 4250.40 3150.50 Thousand [+]


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