Wages in Hungary decreased to 343469 HUF/Month in January from 359978 HUF/Month in December of 2018. Wages in Hungary averaged 186465.26 HUF/Month from 1998 until 2019, reaching an all time high of 359978 HUF/Month in December of 2018 and a record low of 60268 HUF/Month in January of 1998.

Wages in Hungary is expected to be 360677.44 HUF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Hungary to stand at 390216.15 in 12 months time. In the long-term, the Hungary Gross Average Wages is projected to trend around 438446.87 HUF/Month in 2020, according to our econometric models.

Hungary Gross Average Wages
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Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 11.80 3.60 percent [+]
Employed Persons 4497385.00 4480725.00 4502086.00 3678730.00 [+]
Unemployed Persons 168150.00 169762.00 506520.00 165147.00 [+]
Long Term Unemployment Rate 1.40 1.40 5.70 1.40 percent [+]
Youth Unemployment Rate 11.60 11.30 29.50 9.60 percent [+]
Labour Costs 120.70 117.50 129.30 31.30 Index Points [+]
Job Vacancies 83337.00 87665.00 87665.00 21130.00 [+]
Wages 343469.00 359978.00 359978.00 60268.00 HUF/Month [+]
Wage Growth 10.60 10.20 26.19 -5.30 percent [+]
Minimum Wages 464.20 418.47 464.20 89.15 EUR/Month [+]
Population 9.78 9.80 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 [+]
Labor Force Participation Rate 62.87 62.66 62.93 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 [+]
Part Time Employment 189.70 194.70 265.20 111.90 Thousand [+]
Productivity 121.70 112.40 121.70 59.70 Index Points [+]
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 [+]
Employment Change 0.50 0.50 2.60 -1.40 percent [+]
Employment Rate 60.60 60.37 68.70 47.98 percent [+]
Full Time Employment 4226.70 4230.90 4233.10 3150.50 Thousand [+]


Hungary Gross Average Wages

In Hungary, wages are benchmarked using average gross salaries. This page provides - Hungary Gross Average Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wages - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
343469.00 359978.00 359978.00 60268.00 1998 - 2019 HUF/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 35063.00 Nov/18
Australia 1225.30 Dec/18
Brazil 2285.00 Feb/19
Canada 25.44 Jan/19
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 296402.00 Feb/19
Mexico 373.60 Feb/19
Russia 45000.00 Mar/19
Singapore 5752.00 Dec/18
South Africa 21190.00 Dec/18
South Korea 3359019.00 Dec/18
Spain 2039.01 Dec/18
Switzerland 6260.00 Dec/17
United Kingdom 529.00 Feb/19
United States 23.24 Mar/19


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