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Hungary Wages: Minimum and Average

Hungary Wages Data

Indicator Data Period
Minimum Wages 542 EUR/Month | 555.157 USD/Month 1Q/22
Wages 492043 HUF/Month | 1241.342 USD/Month Apr/22
Wage Growth  15.1 % Apr/22
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)

Minimum Wages
                     Hungary - Historical Data (EUR/Month)

What is minimum wage in Hungary?

  • Minimum Wages in Hungary increased to 542 EUR/Month (555.157 USD/Month) in the first quarter of 2022. 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
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
464 2Q/19 03.04.2019
418.47 4Q/18 22.08.2018
444 2Q/18 19.06.2018


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)

Wages
                     Hungary - Historical Data (HUF/Month)

What is average wage in Hungary?

  • Average Wages in Hungary decreased to 492043 HUF/Month (1241.342 USD/Month) in April 2022. 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
492043 Apr/22 25.06.2022
495657 Mar/22 28.05.2022
526844 Feb/22 30.04.2022
454795 Jan/22 02.04.2022
477767 Dec/21 26.02.2022
466775 Nov/21 29.01.2022
419035 Oct/21 18.01.2022
421001 Jul/21 02.10.2021


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  (%)

Wage Growth 
                     Hungary - Historical Data (%)

What is the growth rate of wages in Hungary?

  • Wage Growth in Hungary increased by 15.1 % in April 2022 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
15.1 Apr/22 24.06.2022
17 Mar/22 24.05.2022
31.1 Feb/22 26.04.2022
14.2 Jan/22 28.03.2022
9.8 Dec/21 23.02.2022
10.2 Nov/21 25.01.2022
8.7 Oct/21 18.01.2022
8.1 Jul/21 29.09.2021


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)

Wages High Skilled
                     Hungary - Historical Data (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)

Wages Low Skilled 
                     Hungary - Historical Data (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 2020 64.5 64
Unemployment Rate May/22 3.4 % 3.5
Job Vacancies 1Q/22 86.881 K 79.987
Labor Force Participation Rate Apr/22 66.23 % 66.16
Living Wage Individual 2018 458.542 USD/Month 430.358

Wages in other countries

Country Updated Actual Previous
Austria 2020 2993.957 USD/Month 2916.112
Ireland 1Q/22 3605.449 USD/Month 3543.993
Luxembourg 2020 5598.689 USD/Month 5624.296
Spain 1Q/22 2055.721 USD/Month 2218.58
Iceland 2020 5405.325 USD/Month 5139.126
Norway 1Q/22 5195.659 USD/Month 5015.434
Belarus May/22 622.231 USD/Month 620.253
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/22 874.672 USD/Month 810.173
Croatia Apr/22 1027.572 USD/Month 1035.741
Cyprus 4Q/21 2397.829 USD/Month 1994.264
Czech Republic 1Q/22 1568.857 USD/Month 1660.104
Denmark 2020 6012.113 USD/Month 5876.218
Estonia 1Q/22 1631.671 USD/Month 1664.447
Euro Area 3Q/21 2010.652 USD/Month 1946.123
Finland 3Q/21 3781.625 USD/Month 3766.26
France 2019 3260.268 USD/Month 3213.152
Germany 4Q/21 4269.18 USD/Month 4230.257
Hungary Apr/22 1241.342 USD/Month 1250.459
Italy 2020 2389.634 USD/Month 2562.737
Latvia Mar/22 1035.542 USD/Month 929.018
Lithuania 1Q/22 1771.996 USD/Month 1719.758
Macedonia Apr/22 786.893 USD/Month 775.831
Malta 1Q/22 145.618 USD/Month 130.68
Moldova 1Q/22 499.277 USD/Month 510.086
Montenegro May/22 897.265 USD/Month 894.192
Poland 1Q/22 1349.304 USD/Month 1297.366
Portugal 2019 1216.839 USD/Month 1199.426
Romania Apr/22 1334.756 USD/Month 1326.055
Russia Apr/22 1094.191 USD/Month 1173.054
Serbia Apr/22 636.85 USD/Month 651.26
Slovakia Apr/22 1365.359 USD/Month 1374.577
Slovenia Apr/22 2050.599 USD/Month 2056.745
Sweden Apr/22 2817.813 USD/Month 2787.35
Switzerland 2020 6567.442 USD/Month 6515.762
Ukraine Jan/22 498.274 USD/Month 596.582
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/22 513.357 USD/Month 516.156
Bosnia and Herzegovina Apr/22 873.137 USD/Month 881.563
Kosovo Dec/18 558.79 USD/Month 559.9