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Hungary Wages: Minimum and Average

Hungary Wages Data

Indicator Data Period
Minimum Wages 442 EUR/Month | 537.634 USD/Month 1Q/21
Wages 401934 HUF/Month | 1363.819 USD/Month Feb/21
Wage Growth  9.6 % Feb/21
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 decreased to 442 EUR/Month (537.634 USD/Month) in the first quarter of 2021. 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
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
412.66 4Q/17 19.01.2018
411.52 2Q/17 11.08.2017


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 401934 HUF/Month (1363.819 USD/Month) in February 2021. 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
401934 Feb/21 01.05.2021
411032 Jan/21 03.04.2021
449442 Dec/20 27.02.2021
438246 Nov/20 30.01.2021
397364 Oct/20 09.01.2021
392349 Sep/20 05.12.2020
391614 Aug/20 31.10.2020
401847 Jul/20 03.10.2020


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 9.6 % in February 2021 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
9.6 Feb/21 29.04.2021
9.5 Jan/21 31.03.2021
10.6 Dec/20 25.02.2021
8.6 Nov/20 29.01.2021
8.8 Oct/20 06.01.2021
8.8 Sep/20 30.11.2020
9.1 Aug/20 30.10.2020
10.8 Jul/20 30.09.2020


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 2019 64 63.5
Unemployment Rate Mar/21 4.5 % 4.5
Job Vacancies 4Q/20 61.573 K 63.172
Labor Force Participation Rate Mar/21 65.25 % 64.59
Living Wage Individual 2018 458.542 USD/Month 430.358

Wages in other countries

Country Updated Actual Previous
Austria 2019 3462.998 USD/Month 3366.905
Ireland 4Q/20 4111.322 USD/Month 3882.645
Luxembourg 2019 6674.208 USD/Month 6603.659
Spain 4Q/20 2506.933 USD/Month 2261.227
Iceland 2019 5609.354 USD/Month 5439.863
Norway 4Q/20 5841.274 USD/Month 5718.287
Belarus Mar/21 546.265 USD/Month 503.668
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Dec/20 912.969 USD/Month 871.923
Croatia Feb/21 1135.934 USD/Month 1126.412
Cyprus 4Q/20 2757.505 USD/Month 2328.127
Czech Republic 4Q/20 1828.35 USD/Month 1680.136
Denmark 2019 6967.287 USD/Month 6827.261
Estonia 4Q/20 1842.797 USD/Month 1752.785
Euro Area 3Q/20 2281.905 USD/Month 2117.696
Finland 4Q/20 4403.25 USD/Month 4385.005
France 2017 3751.277 USD/Month 3677.079
Germany 4Q/20 4905.61 USD/Month 4838.71
Hungary Feb/21 1363.819 USD/Month 1394.69
Italy 2019 3043.351 USD/Month 3004.428
Latvia Dec/20 1112.976 USD/Month 1039.994
Lithuania 4Q/20 1853.744 USD/Month 1769.815
Macedonia Feb/21 815.974 USD/Month 825.756
Malta 4Q/20 157.621 USD/Month 155.695
Moldova 4Q/20 500.653 USD/Month 456.238
Montenegro Mar/21 954.848 USD/Month 960.93
Poland 4Q/20 1457.953 USD/Month 1381.007
Portugal 2019 1445.045 USD/Month 1424.366
Romania Feb/21 1356.751 USD/Month 1369.586
Russia Feb/21 689.268 USD/Month 666.22
Serbia Feb/21 638.321 USD/Month 646.818
Slovakia Feb/21 1381.793 USD/Month 1431.664
Slovenia Feb/21 2367.051 USD/Month 2404.758
Sweden Feb/21 3544.375 USD/Month 3544.375
Switzerland 2019 7001.099 USD/Month 6938.907
Ukraine Mar/21 490.258 USD/Month 451.972
United Kingdom Aug/19 2798.54 USD/Month
Albania 4Q/20 536.15 USD/Month 515.31
Bosnia and Herzegovina Feb/21 918.449 USD/Month 927.079
Kosovo Dec/18 558.79 USD/Month 559.9