Hungary Gross Average Wages Growth  1999-2017 | Data | Chart | Calendar

Hungary's gross average wages increased by 5.7 percent year-on-year in December 2016, easing from an 8.2 percent rise in the previous month, as wages within the private sector grew by 4.4 percent (from 7.1 percent in November) while those within the public administration went up by 8.5 percent (from 10.5 percent). Excluding bonuses, within the private sector increased by 5.1 percent (from 6.8 percent in November). In 2016 as a whole, gross wages rose by 6.2 percent year-on-year. Wage Growth in Hungary averaged 7.83 percent from 1999 until 2016, reaching an all time high of 26.19 percent in January of 2005 and a record low of -5.30 percent in January of 2009.

Hungary Gross Average Wages Growth
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-20 08:00 AM Oct 5.4% 6.7% 5.2%
2017-01-20 08:00 AM Nov 8.2% 5.4% 5.6%
2017-02-20 08:00 AM Dec 5.7% 8.2% 7.6%
2017-03-20 08:00 AM Jan 6.43%
2017-04-20 07:00 AM Feb 6.37%
2017-05-19 07:00 AM Mar 6.37%




Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.50 11.80 4.40 percent [+]
Employed Persons 4410996.00 4414354.00 4414354.00 3678730.00 [+]
Unemployed Persons 204971.00 207535.00 506520.00 204971.00 [+]
Long Term Unemployment Rate 2.20 2.50 5.70 2.20 percent [+]
Youth Unemployment Rate 11.90 12.10 29.50 10.90 percent [+]
Labour Costs 107.70 118.50 123.50 31.60 Index Points [+]
Job Vacancies 57876.00 55004.00 57876.00 21130.00 [+]
Wages 288801.00 285772.00 288801.00 60268.00 HUF/Month [+]
Wage Growth 5.70 8.20 26.19 -5.30 percent [+]
Minimum Wages 411.52 350.09 411.52 89.15 EUR/Month [+]
Population 9.83 9.86 10.71 9.21 Million [+]
Retirement Age Women 62.50 62.50 62.60 59.00 [+]
Retirement Age Men 62.50 62.50 62.50 60.00 [+]
Employment Change 0.30 0.60 2.80 -1.40 percent [+]
Employment Rate 58.82 58.49 58.82 48.00 percent [+]
Full Time Employment 4135.70 4089.30 4135.70 3150.50 Thousand [+]
Productivity 103.50 96.70 111.80 59.70 Index Points [+]
Part Time Employment 206.60 212.90 265.20 111.90 Thousand [+]
Labor Force Participation Rate 61.55 61.61 61.61 53.84 percent [+]
Living Wage Family 230141.50 222903.40 355300.00 212114.50 HUF/Month [+]
Living Wage Individual 180032.10 179101.40 180032.10 164811.50 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 Gross Average Wages Growth Notes

Gross wage measures the year over year change in gross monthly average earnings of full-time employees in the national economy. . This page provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Average Wages Growth - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 8.20 26.19 -5.30 1999 - 2016 percent Monthly
NSA



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Australia 1.90 Dec/16
Belarus 7.97 Dec/16
Belgium 2.20 Jun/16
Cyprus -0.70 Sep/16
Czech Republic 4.00 Sep/16
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European Union 2.00 Sep/16
France 0.30 Jun/16
Germany 1.80 Sep/16
Hungary 5.70 Dec/16
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