Wages in Hungary increased to 367160 HUF/Month in March from 345860 HUF/Month in February of 2019. Wages in Hungary averaged 187798.95 HUF/Month from 1998 until 2019, reaching an all time high of 367160 HUF/Month in March of 2019 and a record low of 60268 HUF/Month in January of 1998.

Wages in Hungary is expected to be 360885.72 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 371633.46 in 12 months time. In the long-term, the Hungary Gross Average Wages is projected to trend around 450099.93 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 3.50 3.60 11.80 3.50 percent [+]
Employed Persons 4491641.00 4497052.00 4502086.00 3678730.00 [+]
Unemployed Persons 162424.00 165722.00 506520.00 162424.00 [+]
Long Term Unemployment Rate 1.30 1.40 5.70 1.30 percent [+]
Youth Unemployment Rate 11.30 11.00 29.50 9.60 percent [+]
Labour Costs 133.40 120.70 133.40 31.30 Index Points [+]
Job Vacancies 80024.00 83337.00 87665.00 21130.00 [+]
Wages 367160.00 345860.00 367160.00 60268.00 HUF/Month [+]
Wage Growth 10.20 12.10 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 62.73 62.84 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 100.10 121.70 121.70 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 1.00 0.70 2.70 -1.40 percent [+]
Employment Rate 60.54 60.61 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
367160.00 345860.00 367160.00 60268.00 1998 - 2019 HUF/Month Monthly
Current Prices, NSA




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2295.00 Apr/19
Canada 25.53 Mar/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3938.00 Dec/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 312362.00 Apr/19
Mexico 373.70 Apr/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 21190.00 Dec/18
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 532.00 Apr/19
United States 23.38 May/19


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