Wages in Hungary increased to 355099 HUF/Month in November from 327089 HUF/Month in October of 2018. Wages in Hungary averaged 185148.47 HUF/Month from 1998 until 2018, reaching an all time high of 355099 HUF/Month in November of 2018 and a record low of 60268 HUF/Month in January of 1998.

Wages in Hungary is expected to be 342000.00 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 371000.00 in 12 months time. In the long-term, the Hungary Gross Average Wages is projected to trend around 375000.00 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 3.60 11.80 3.60 percent [+]
Employed Persons 4481322.00 4494484.00 4502086.00 3678730.00 [+]
Unemployed Persons 167226.00 168704.00 506520.00 165147.00 [+]
Long Term Unemployment Rate 1.40 1.40 5.70 1.40 percent [+]
Youth Unemployment Rate 10.20 10.10 29.40 9.40 percent [+]
Labour Costs 117.50 124.00 129.30 31.30 Index Points [+]
Job Vacancies 87665.00 83611.00 87665.00 21130.00 [+]
Wages 355099.00 327089.00 355099.00 60268.00 HUF/Month [+]
Wage Growth 10.20 10.40 26.19 -5.30 percent [+]
Minimum Wages 418.47 444.69 444.69 89.15 EUR/Month [+]
Population 9.78 9.80 10.71 9.21 Million [+]
Retirement Age Women 63.50 63.50 63.50 59.00 [+]
Retirement Age Men 63.50 63.50 63.50 60.00 [+]
Labor Force Participation Rate 62.61 62.79 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 194.70 185.20 265.20 111.90 Thousand [+]
Productivity 112.40 104.60 119.00 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 0.70 2.70 -1.40 percent [+]
Employment Rate 60.36 60.52 68.70 47.98 percent [+]
Full Time Employment 4230.90 4233.10 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
355099.00 327089.00 355099.00 60268.00 1998 - 2018 HUF/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 35063.00 Nov/18
Australia 1207.40 Jun/18
Brazil 2254.00 Dec/18
Canada 25.46 Nov/18
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 692030.00 Dec/18
Mexico 354.35 Dec/18
Russia 55150.00 Dec/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1842.62 Sep/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 527.00 Dec/18
United States 23.12 Jan/19


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