Hungary Wages: Minimum and Average
Hungary Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 579 EUR/Month | 627.302 USD/Month | 1Q/23 |
| Wages | 528023 HUF/Month | 1503.195 USD/Month | Jan/23 |
| Wage Growth | 16.1 % | Jan/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 579 EUR/Month (627.302 USD/Month) in the first 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
| 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 |
| 464 | 2Q/19 | 03.04.2019 |
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 528023 HUF/Month (1503.195 USD/Month) in January 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
| 528023 | Jan/23 | 29.03.2023 |
| 563218 | Dec/22 | 23.02.2023 |
| 544597 | Nov/22 | 25.01.2023 |
| 494877 | Oct/22 | 04.01.2023 |
| 488798 | Sep/22 | 24.11.2022 |
| 482722 | Aug/22 | 29.10.2022 |
| 485215 | Jul/22 | 24.09.2022 |
| 488653 | Jun/22 | 27.08.2022 |
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 16.1 % in January 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
| 16.1 | Jan/23 | 28.03.2023 |
| 17.9 | Dec/22 | 23.02.2023 |
| 16.7 | Nov/22 | 25.01.2023 |
| 18.1 | Oct/22 | 04.01.2023 |
| 17.5 | Sep/22 | 24.11.2022 |
| 16.6 | Aug/22 | 24.10.2022 |
| 15.3 | Jul/22 | 23.09.2022 |
| 15.4 | Jun/22 | 25.08.2022 |
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 | Feb/23 | 4.1 % | 4 |
| Job Vacancies | 4Q/22 | 82.871 K | 89.4 |
| Labor Force Participation Rate | Jan/23 | 66.85 % | 67.03 |
| Living Wage Individual | 2018 | 458.542 USD/Month | 430.358 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | 2731.311 USD/Month | 3166.847 |
| Ireland | 4Q/22 | 3900.325 USD/Month | 3744.312 |
| Luxembourg | 2021 | 6360.78 USD/Month | 5921.993 |
| Spain | 4Q/22 | 2457.205 USD/Month | 2201.517 |
| Iceland | 2021 | 5633.869 USD/Month | 5341.2 |
| Norway | 3Q/22 | 4843.587 USD/Month | 5034.264 |
| Belarus | Jan/23 | 617.51 USD/Month | 702.166 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Dec/22 | 1079.155 USD/Month | 1025.945 |
| Croatia | Jan/23 | 155.34 USD/Month | 148.525 |
| Cyprus | 3Q/22 | 2241.603 USD/Month | 2254.605 |
| Czech Republic | 4Q/22 | 1996.019 USD/Month | 1832.612 |
| Denmark | 2021 | 6481.37 USD/Month | 6340.382 |
| Estonia | 4Q/22 | 1923.077 USD/Month | 1819.068 |
| Euro Area | 2Q/22 | 2200.433 USD/Month | 2166.847 |
| Finland | 4Q/22 | 4124.594 USD/Month | 4110.509 |
| France | 2021 | 3598.05 USD/Month | 3575.298 |
| Germany | 4Q/21 | 4443.12 USD/Month | 4306.609 |
| Hungary | Jan/23 | 1503.195 USD/Month | 1603.389 |
| Italy | 2021 | 2681.473 USD/Month | 2535.211 |
| Latvia | Dec/22 | 1219.935 USD/Month | 1120.26 |
| Lithuania | 4Q/22 | 2059.598 USD/Month | 1950.114 |
| Macedonia | Jan/23 | 894.514 USD/Month | 904.191 |
| Malta | 4Q/22 | 161.236 USD/Month | 159.249 |
| Moldova | 4Q/22 | 626.384 USD/Month | 578.017 |
| Montenegro | Jan/23 | 1019.036 USD/Month | 975.673 |
| Poland | 4Q/22 | 1557.699 USD/Month | 1499.398 |
| Portugal | 2019 | 1288.224 USD/Month | 1269.79 |
| Romania | Jan/23 | 1493.604 USD/Month | 1553.952 |
| Russia | Dec/22 | 1131.417 USD/Month | 806.474 |
| Serbia | Jan/23 | 764.395 USD/Month | 777.86 |
| Slovakia | Jan/23 | 1510.649 USD/Month | 1571.379 |
| Slovenia | Jan/23 | 2326.212 USD/Month | 2341.395 |
| Sweden | Dec/22 | 2888.103 USD/Month | 2888.103 |
| Switzerland | 2021 | 7236.728 USD/Month | 7250.87 |
| Ukraine | Jan/22 | 398.627 USD/Month | 477.275 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 4Q/22 | 629.723 USD/Month | 587.74 |
| Bosnia and Herzegovina | Jan/23 | 1033.315 USD/Month | 1016.657 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
