Hungary Wages: Minimum and Average
Hungary Wages Data
Indicator | Data | Period |
---|---|---|
Minimum Wages | 624 EUR/Month | 661.999 USD/Month | 3Q/23 |
Wages | 559137 HUF/Month | 1537.104 USD/Month | Jul/23 |
Wage Growth | 15.2 % | Jul/23 |
Wages High Skilled | 281600 HUF/Month | 891.751 USD/Month | 2018 |
Wages Low Skilled | 140400 HUF/Month | 444.609 USD/Month | 2018 |
Latest data on Minimum Wages (EUR/Month)
What is minimum wage in Hungary?
- Minimum Wages in Hungary increased to 624 EUR/Month (661.999 USD/Month) in the third quarter of 2023. The maximum rate of minimum wage for employees was 487 EUR/Month and minimum was 89.15 EUR/Month.
- Data published Quarterly by Eurostat.
Historical Data (EUR/Month) by years
Data
Period
Date
624 | 3Q/23 | 22.07.2023 |
579 | 1Q/23 | 03.02.2023 |
504 | 3Q/22 | 23.07.2022 |
542 | 1Q/22 | 29.01.2022 |
476 | 3Q/21 | 24.07.2021 |
442 | 1Q/21 | 05.02.2021 |
452 | 3Q/20 | 25.08.2020 |
464 | 4Q/19 | 20.01.2020 |
Historical Chart by presidents (EUR/Month)
Minimum Wages in Hungary by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Áder János | 10.05.2012 - | 411.5200 | 444.0000 | 444.6900 | 411.5200 | 7.89% |
Latest data on Wages (HUF/Month)
What is average wage in Hungary?
- Average Wages in Hungary decreased to 559137 HUF/Month (1537.104 USD/Month) in July 2023. The maximum rate of average wage for employees was 449442 HUF/Month and minimum was 60268 HUF/Month.
- Data published Monthly by Central Statistical Office.
Historical Data (HUF/Month) by years
Data
Period
Date
559137 | Jul/23 | 25.09.2023 |
566824 | Jun/23 | 24.08.2023 |
567793 | May/23 | 25.07.2023 |
568314 | Apr/23 | 22.06.2023 |
577928 | Mar/23 | 24.05.2023 |
531155 | Feb/23 | 26.04.2023 |
528023 | Jan/23 | 29.03.2023 |
563218 | Dec/22 | 23.02.2023 |
Historical Chart by presidents (HUF/Month)
Wages in Hungary by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Áder János | 10.05.2012 - | 296063.0000 | 331505.0000 | 331505.0000 | 290450.0000 | 11.97% |
Latest data on Wage Growth (%)
What is the growth rate of wages in Hungary?
- Wage Growth in Hungary increased by 15.2 % in July 2023 over the same month in the previous year. The maximum growth was 26.19 % and minimum was -5.3 %
- Data published Monthly by Central Statistical Office.
Historical Data (%) by years
Data
Period
Date
15.2 | Jul/23 | 25.09.2023 |
16 | Jun/23 | 24.08.2023 |
17.9 | May/23 | 25.07.2023 |
15.5 | Apr/23 | 22.06.2023 |
16.6 | Mar/23 | 24.05.2023 |
0.8 | Feb/23 | 26.04.2023 |
16.1 | Jan/23 | 28.03.2023 |
17.9 | Dec/22 | 23.02.2023 |
Historical Chart by YoY presidents (%)
Wage Growth in Hungary by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on Wages High Skilled (HUF/Month)
How much is average wage for high skilled employees in Hungary?
- Average wages for high skilled employees in Hungary increased to 281600 HUF/Month (891.751 USD/Month). The maximum level was 281600 HUF/Month and minimum was 218900 HUF/Month.
- Data published Yearly by Wageindicator Foundation.
Historical Data (HUF/Month) by years
Data
Period
Date
281600 | 2018 | 04.07.2019 |
Historical Chart by presidents (HUF/Month)
Wages High Skilled in Hungary by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on Wages Low Skilled (HUF/Month)
How much is average wage for low skilled employees in Hungary?
- Average wages for low skilled employees in Hungary increased to 140400 HUF/Month (444.609 USD/Month). The maximum level was 140400 HUF/Month and minimum was 109400 HUF/Month.
- Data published Yearly by Wageindicator Foundation.
Historical Data (HUF/Month) by years
Data
Period
Date
140400 | 2018 | 04.07.2019 |
Historical Chart by presidents (HUF/Month)
Wages Low Skilled in Hungary by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Other labor indicators in Hungary
Index | Updated | Actual | Previous |
Retirement Age Men | 2022 | 65 | 65 |
Unemployment Rate | Aug/23 | 4.1 % | 4 |
Job Vacancies | 2Q/23 | 79.751 K | 83.124 |
Labor Force Participation Rate | Jul/23 | 67.31 % | 67.37 |
Living Wage Individual | 2018 | 458.542 USD/Month | 430.358 |
Wages in other countries
Country | Updated | Actual | Previous |
Austria | 2021 | 2674.517 USD/Month | 3100.997 |
Ireland | 2Q/23 | 3861.659 USD/Month | 3921.069 |
Luxembourg | 2022 | 6692.128 USD/Month | 6394.017 |
Spain | 2Q/23 | 2400.806 USD/Month | 2256.525 |
Iceland | 2022 | 5859.446 USD/Month | 5569.374 |
Norway | 2Q/23 | 4976.271 USD/Month | 4885.96 |
Belarus | Aug/23 | 693.605 USD/Month | 683.353 |
Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
Bulgaria | Jun/23 | 1045.294 USD/Month | 1049.634 |
Croatia | Jul/23 | 1141 USD/Month | 1150 |
Cyprus | 2Q/23 | 2387.015 USD/Month | 2388.076 |
Czech Republic | 2Q/23 | 1865.756 USD/Month | 1783.943 |
Denmark | 2021 | 6341.338 USD/Month | 6203.397 |
Estonia | 2Q/23 | 1987.057 USD/Month | 1847.019 |
Euro Area | 1Q/23 | 2239.55 USD/Month | 2198.175 |
Finland | 2Q/23 | 4119.457 USD/Month | 4049.438 |
France | 2021 | 3523.234 USD/Month | 3500.955 |
Germany | 4Q/21 | 4349.671 USD/Month | 4217.059 |
Hungary | Jul/23 | 1537.104 USD/Month | 1558.236 |
Italy | 2022 | 2786.972 USD/Month | 2656.482 |
Latvia | Jun/23 | 1196.69 USD/Month | 1198.812 |
Lithuania | 2Q/23 | 2121.791 USD/Month | 2079.355 |
Macedonia | Jul/23 | 938.822 USD/Month | 943.754 |
Malta | 2Q/23 | 161.875 USD/Month | 163.378 |
Moldova | 2Q/23 | 670.134 USD/Month | 632.158 |
Montenegro | Aug/23 | 1055.591 USD/Month | 1053.469 |
Poland | 2Q/23 | 1644.292 USD/Month | 1671.986 |
Portugal | 2023 | 1107.575 USD/Month | 1087.418 |
Romania | Jul/23 | 1563.428 USD/Month | 1573.471 |
Russia | Jul/23 | 730.402 USD/Month | 783.429 |
Serbia | Jul/23 | 758.594 USD/Month | 774.512 |
Slovakia | Jul/23 | 1562.699 USD/Month | 1607.257 |
Slovenia | Jul/23 | 2336.092 USD/Month | 2340.335 |
Sweden | Jul/23 | 2832.482 USD/Month | 2861.834 |
Switzerland | 2022 | 7442.892 USD/Month | 7376.358 |
Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
United Kingdom | Aug/19 | 2798.54 USD/Month | |
Albania | 2Q/23 | 712.412 USD/Month | 650.128 |
Bosnia and Herzegovina | Jul/23 | 1054.573 USD/Month | 1059.998 |
Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |