Wages in Hungary increased to 695109 HUF/Month in November from 637245 HUF/Month in October of 2024. Wages in Hungary averaged 250150.72 HUF/Month from 1998 until 2024, reaching an all time high of 695109.00 HUF/Month in November of 2024 and a record low of 60268.00 HUF/Month in January of 1998. source: Hungarian Central Statistical Office

Wages in Hungary is expected to be 721628.00 HUF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Gross Average Wages is projected to trend around 790541.00 HUF/Month in 2026 and 834020.00 HUF/Month in 2027, according to our econometric models.




Related Last Previous Unit Reference
Employed Persons 4688839.00 4691226.00 Nov 2024
Employment Rate 65.01 65.02 percent Nov 2024
Job Vacancies 70848.00 70949.00 Sep 2024
Labor Force Participation Rate 68.01 68.22 percent Nov 2024
Population 9.60 9.69 Million Dec 2023
Unemployed Persons 216279.00 230806.00 Nov 2024
Unemployment Rate 4.40 4.70 percent Dec 2024
Gross Wage YoY 11.90 12.90 percent Nov 2024
Wages 695109.00 637245.00 HUF/Month Nov 2024

Hungary Gross Average Wages
In Hungary, wages are benchmarked using average gross salaries.
Actual Previous Highest Lowest Dates Unit Frequency
695109.00 637245.00 695109.00 60268.00 1998 - 2024 HUF/Month Monthly
Current Prices, NSA