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Hungary Wages: Minimum and Average

Hungary Wages Data

Indicator Data Period
Minimum Wages 476 EUR/Month | 540.725 USD/Month 3Q/21
Wages 419035 HUF/Month | 1327.92 USD/Month Oct/21
Wage Growth  8.7 % Oct/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 (522.434 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
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
412.66 4Q/17 19.01.2018


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 increased to 427641 HUF/Month (1426.809 USD/Month) in April 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
423621 Jun/21 04.09.2021
419073 May/21 31.07.2021
427641 Apr/21 03.07.2021
423706 Mar/21 28.05.2021
401934 Feb/21 01.05.2021
411032 Jan/21 03.04.2021
449442 Dec/20 27.02.2021
438246 Nov/20 30.01.2021


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 10.3 % in April 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
3.7 Jun/21 31.08.2021
8.5 May/21 30.07.2021
10.3 Apr/21 30.06.2021
9.2 Mar/21 28.05.2021
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


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
Unemployment Rate May/21 4.1 % 4.3
Wages Apr/21 1426.809 USD/Month 1413.68
Job Vacancies 1Q/21 62.535 K 61.573
Labor Force Participation Rate May/21 65.16 % 64.77
Living Wage Individual 2018 458.542 USD/Month 430.358

Wages in other countries

Country Updated Actual Previous
Austria 2019 3365.089 USD/Month 3271.713
Ireland 1Q/21 4103.825 USD/Month 3995.083
Luxembourg 2019 6485.509 USD/Month 6416.954
Spain 1Q/21 2255.213 USD/Month 2436.055
Iceland 2019 5599.567 USD/Month 5430.372
Norway 1Q/21 5729.35 USD/Month 5595.069
Belarus May/21 558.483 USD/Month 549.831
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Mar/21 906.509 USD/Month 864.809
Croatia Apr/21 1118.229 USD/Month 1127.071
Cyprus 4Q/20 2679.542 USD/Month 2262.304
Czech Republic 1Q/21 1626.412 USD/Month 1775.755
Denmark 2019 6770.694 USD/Month 6634.619
Estonia 1Q/21 1741.052 USD/Month 1790.695
Euro Area 4Q/20 2246.939 USD/Month 2217.389
Finland 4Q/20 4278.758 USD/Month 4261.028
France 2018 3707.863 USD/Month 3645.218
Germany 1Q/21 4739.729 USD/Month 4766.914
Hungary Apr/21 1426.809 USD/Month 1413.68
Italy 2020 2757.553 USD/Month 2957.307
Latvia Mar/21 1101.603 USD/Month 1028.32
Lithuania 1Q/21 1793.059 USD/Month 1801.333
Macedonia Apr/21 816.572 USD/Month 809.953
Malta 4Q/20 153.165 USD/Month 151.293
Moldova 1Q/21 469.288 USD/Month 490.954
Montenegro May/21 936.126 USD/Month 933.762
Poland 1Q/21 1487.497 USD/Month 1428.594
Portugal 2019 1404.189 USD/Month 1384.095
Romania May/21 1366.52 USD/Month 1392.675
Russia Apr/21 766.09 USD/Month 747.065
Serbia Apr/21 654.923 USD/Month 658.362
Slovakia May/21 1637.038 USD/Month 1492.837
Slovenia Apr/21 2358.045 USD/Month 2375.774
Sweden Apr/21 3405.099 USD/Month 3386.491
Switzerland 2020 6870.898 USD/Month 6816.83
Ukraine May/21 494.197 USD/Month 495.808
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/21 541.912 USD/Month 531.58
Bosnia and Herzegovina Apr/21 925.903 USD/Month 931.967
Kosovo Dec/18 558.79 USD/Month 559.9