Labour Costs in Hungary decreased to 141.10 points in the second quarter of 2021 from 149.90 points in the first quarter of 2021. source: EUROSTAT

Labour Costs in Hungary averaged 90.29 points from 1995 until 2021, reaching an all time high of 149.90 points in the first quarter of 2021 and a record low of 30.70 points in the first quarter of 1995. This page provides - Hungary Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Unit Labour Costs - values, historical data and charts - was last updated on October of 2021.

Labour Costs in Hungary is expected to be 137.81 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Unit Labour Costs is projected to trend around 155.65 points in 2022 and 168.42 points in 2023, according to our econometric models.

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Hungary Unit Labour Costs


Hungary Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 1.10 percent Mar/21 1.30 5.70 0.90
Youth Unemployment Rate 15.80 percent Aug/21 16.40 29.70 8.50
Labour Costs 141.10 points Jun/21 149.90 149.90 30.70
Minimum Wages 476.00 EUR/Month Sep/21 442.44 487.10 89.15
Part Time Employment 210.40 Thousand Jun/21 213.80 265.20 111.90
Productivity 113.20 points Jun/21 112.50 113.20 62.20
Full Time Employment 4314.00 Thousand Jun/21 4262.50 4314.00 3150.50
Employment Change 1.10 percent Mar/21 1.10 2.10 -4.50