Hungary Unemployment Rate  1999-2016 | Data | Chart | Calendar | Forecast

The unemployment rate in Hungary decreased to 4.7 percent in August-October of 2016 compared to 4.9 percent in previous period. It was the lowest jobless rate since the series started in 1993. The number of unemployed persons decreased by 7.2 thousand to 220.5 thousand and the number of employed rose by 14 thousand to 4.404 million. In the same period a year earlier the unemployment rate stood at 6.4 percent. Unemployment Rate in Hungary averaged 7.80 percent from 1999 until 2016, reaching an all time high of 11.80 percent in March of 2010 and a record low of 4.70 percent in October of 2016.

Hungary Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-27 07:00 AM Aug 4.9% 5.0% 5%
2016-10-27 07:00 AM Sep 4.9% 4.9% 5.1%
2016-11-29 08:00 AM Oct 4.7% 4.9% 4.8%
2017-01-03 08:00 AM Nov 4.7% 4.6%
2017-01-05 08:00 AM Nov 4.6%
2017-01-27 08:00 AM Dec 4.49%




Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.90 11.80 4.70 percent [+]
Employed Persons 4390670.00 4386428.00 4390670.00 3678730.00 [+]
Unemployed Persons 219286.00 226482.00 506520.00 219286.00 [+]
Long Term Unemployment Rate 2.50 2.80 5.70 2.20 percent [+]
Youth Unemployment Rate 12.60 12.70 29.40 10.90 percent [+]
Labour Costs 118.50 123.50 123.50 31.60 Index Points [+]
Job Vacancies 55004.00 52401.00 55004.00 21130.00 [+]
Wages 257857.00 258260.00 272647.00 60268.00 HUF/Month [+]
Wage Growth 6.70 6.90 26.19 -5.30 percent [+]
Minimum Wages 350.09 351.29 351.29 89.15 EUR/Month [+]
Population 9.82 9.86 10.71 9.21 Million [+]
Retirement Age Women 65.00 65.00 65.00 59.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Employment Change 0.50 0.90 2.70 -1.30 percent [+]
Employment Rate 58.49 57.84 58.49 48.00 percent [+]
Full Time Employment 4089.30 4014.00 4089.30 3150.50 Thousand [+]
Productivity 96.70 92.30 111.80 59.70 Index Points [+]
Part Time Employment 212.90 206.60 265.20 111.90 Thousand [+]
Labor Force Participation Rate 61.50 61.44 61.50 53.84 percent [+]
Living Wage Family 354700.00 355300.00 355300.00 341000.00 HUF/Month [+]
Living Wage Individual 176600.00 173400.00 176600.00 167000.00 HUF/Month [+]
Wages High Skilled 271000.00 262900.00 274300.00 185500.00 HUF/Month [+]
Wages Low Skilled 116300.00 116100.00 116300.00 110500.00 HUF/Month [+]



Hungary Unemployment Rate Notes

In Hungary, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Hungary Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.90 11.80 4.70 1999 - 2016 percent Monthly



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Oman 7.20 Dec/14
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El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Togo 6.90 Dec/13
Canada 6.80 Nov/16
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Ecuador 6.70 Sep/16
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Chile 6.40 Oct/16
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Peru 6.20 Oct/16
Pakistan 5.90 Dec/15
Romania 5.80 Oct/16
Saudi Arabia 5.70 Sep/16
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Australia 5.60 Oct/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Netherlands 5.60 Oct/16
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Philippines 5.40 Sep/16
Russia 5.40 Oct/16
Ivory Coast 5.30 Dec/13
Ghana 5.20 Dec/13
Azerbaijan 5.00 Dec/15
Czech Republic 5.00 Oct/16
India 4.90 Dec/13
Kazakhstan 4.90 Oct/16
Malta 4.90 Jun/16
New Zealand 4.90 Sep/16
Norway 4.80 Sep/16
United Kingdom 4.80 Sep/16
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Sri Lanka 4.60 Jun/16
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Israel 4.50 Oct/16
Bangladesh 4.30 Dec/14
Denmark 4.20 Oct/16
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United Arab Emirates 4.20 Dec/12
Germany 4.10 Oct/16
North Korea 4.10 Dec/14
China 4.04 Sep/16
Myanmar 4.02 Dec/13
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Taiwan 3.90 Oct/16
Liberia 3.80 Dec/14
Trinidad and Tobago 3.80 Mar/16
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Mexico 3.70 Oct/16
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Switzerland 3.20 Oct/16
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Japan 3.00 Oct/16
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Iceland 2.90 Oct/16
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