Wages in Hungary decreased to 708280 HUF/Month in April from 714400 HUF/Month in March of 2025. This dataset provides - Hungary Gross Average Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungarians' monthly net average earnings followed an increasing trend over the observed time. In 2024, monthly net average earnings totaled approximately *** thousand forints in the country.

Wages in Hungary increased 9.80 percent in April of 2025 over the same month in the previous year. This dataset provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Hungary Monthly Earnings

• Hungary Monthly Earnings stood at 1,884 USD in Dec 2024, compared with the previous figure of 1,831 USD in Nov 2024
• Hungary Monthly Earnings data is updated monthly, available from Jan 2002 to Dec 2024, with an average number of 1,021 USD
• The data reached the an all-time high of 1,904 USD in Dec 2023 and a record low of 389 USD in Feb 2002

CEIC converts Monthly Earnings into USD. Hungarian Central Statistical Office provides Average Gross Monthly Earnings in local currency. The Magyar Nemzeti Bank average market exchange rate is used for currency conversions. Monthly Earnings cover persons employed in private enterprises with at least 1 employee and all government, social security and non-profit institutions. Monthly Earnings prior to January 2019 is based on old methodology.


Further information about Hungary Monthly Earnings

• In the latest reports, Hungary Population reached 10 million people in Dec 2024
• Unemployment Rate of Hungary dropped to 4 % in Dec 2024
• The country's Labour Force Participation Rate dropped to 68 % in Dec 2024

Men had a considerably higher monthly gross salary than women working in Hungary, over the time period in question. As of 2023, the average monthly gross salary of men employed in the country totaled 619 thousand forints, while women earned on average 523 thousand forints.

Key information about Hungary Household Income per Capita

• Hungary Annual Household Income per Capita reached 10,266.736 USD in Dec 2023, compared with the previous value of 8,277.037 USD in Dec 2022.
• Hungary Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2023, with an averaged value of 5,733.197 USD.
• The data reached an all-time high of 10,266.736 USD in Dec 2023 and a record low of 1,832.809 USD in Dec 2000.
• In the latest reports, Retail Sales of Hungary grew 4.262 % YoY in Aug 2024.

CEIC converts Annual Household Income per Capita into USD. Hungarian Central Statistical Office provides Household Income per Capita in local currency. The Magyar Nemzeti Bank average market exchange rate is used for currency conversions.

Hungary Household Wage Index: Avg Net Nominal Wages and Salaries per Earner data was reported at 1,973.368 1990=100 in 2017. This records an increase from the previous number of 1,747.890 1990=100 for 2016. Hungary Household Wage Index: Avg Net Nominal Wages and Salaries per Earner data is updated yearly, averaging 933.031 1990=100 from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 1,973.368 1990=100 in 2017 and a record low of 125.500 1990=100 in 1991. Hungary Household Wage Index: Avg Net Nominal Wages and Salaries per Earner data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.H016: Household Wage Index.

The monthly average gross income in Hungary in 2022 totaled nearly 516 thousand forints. This was the highest value recorded over the considered period of time.

In 2023, mid-level employees working for Hungarian startups had an average gross salary of *** thousand euros per month. By comparison, senior-level employees earned approximately *** thousand euros.

Explore the progression of average salaries for graduates in Hungarian Minor English from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Hungarian Minor English relative to other fields. This data is essential for students assessing the return on investment of their education in Hungarian Minor English, providing a clear picture of financial prospects post-graduation.

Real wage development refers to the inflation-adjusted growth in wages, indicating the amount of goods and services individuals can purchase compared to the previous year. Over the observed period, the highest growth rate of real wages in Hungary was recorded in 2024, marking a 7.3 percent increase compared to the preceding year. Changes in consumer prices  Hungary has recorded peaking inflation rates over the past years, surpassing all EU countries. The change in consumer prices affected different commodity groups to a varying extent. As of August 2023, electricity, gas, and other fuels, as well as other goods such as motor fuels and lubricants, recorded the highest inflation rates, reaching a year-over-year price increase of 35 percent and 20 percent, respectively. Over the same period, food prices increased by 19.5 percent in the country. How large is the gender pay gap in Hungary?  The gender wage gap is the difference between the average gross hourly earnings of men and women across all sectors. Despite the significant steps taken toward achieving gender equality, there is still a major difference between the hourly earnings of Hungarian men and women. In 2022, men earned 17.5 percent more than women working in Hungary, which represented a significantly larger gender pay gap than the average of the European Union.

By the end of 2022, the average monthly net income in Hungary was the highest in the city of Budapest, followed by the county of Győr-Moson-Sopron, where it reached 357 thousand forints. By comparison, the average monthly net income reached only 241 thousand forints in the county of Szabolcs-Szatmár-Bereg.

Hungary - Monthly minimum wages - bi-annual data was EUR707.00 in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Monthly minimum wages - bi-annual data - last updated from the EUROSTAT on July of 2025. Historically, Hungary - Monthly minimum wages - bi-annual data reached a record high of EUR707.00 in June of 2025 and a record low of EUR89.00 in June of 1999.

Explore the progression of average salaries for graduates in Bachelor Of Arts In Hungarian And East European Studies from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Bachelor Of Arts In Hungarian And East European Studies relative to other fields. This data is essential for students assessing the return on investment of their education in Bachelor Of Arts In Hungarian And East European Studies, providing a clear picture of financial prospects post-graduation.

Hungary Avg Gross Monthly Earnings: EB: Public Administration & Defence data was reported at 367,992.071 HUF in May 2018. This records an increase from the previous number of 367,485.209 HUF for Apr 2018. Hungary Avg Gross Monthly Earnings: EB: Public Administration & Defence data is updated monthly, averaging 237,104.000 HUF from Jan 2006 (Median) to May 2018, with 149 observations. The data reached an all-time high of 367,992.071 HUF in May 2018 and a record low of 184,018.000 HUF in Mar 2006. Hungary Avg Gross Monthly Earnings: EB: Public Administration & Defence data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.G012: Average Gross Monthly Earnings: NACE Rev. 2.

In 2022, the year-over-year growth rate of net average earnings of full-time employees in the Hungarian private sector was estimated to reach 15.3 percent. Moreover, this figure is expected to increase by a further 12.7 percent in 2023.

Hungary Avg Gross Quarterly Earnings: EB: Arts, Entertainment and Recreation data was reported at 324,979.000 HUF in Mar 2019. This records an increase from the previous number of 307,379.447 HUF for Dec 2018. Hungary Avg Gross Quarterly Earnings: EB: Arts, Entertainment and Recreation data is updated quarterly, averaging 262,271.309 HUF from Mar 2015 (Median) to Mar 2019, with 17 observations. The data reached an all-time high of 324,979.000 HUF in Mar 2019 and a record low of 197,474.185 HUF in Sep 2015. Hungary Avg Gross Quarterly Earnings: EB: Arts, Entertainment and Recreation data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.G013: Average Gross Quarterly Earnings: NACE Rev. 2.

The annual per capita gross income increased in Hungary over the observed period of time. In 2023, Hungarians' average annual gross earnings amounted to over 3.6 million forints.

Hungary Avg Gross Monthly Earnings: BI: Education data was reported at 314,231.336 HUF in Sep 2018. This records a decrease from the previous number of 317,923.324 HUF for Aug 2018. Hungary Avg Gross Monthly Earnings: BI: Education data is updated monthly, averaging 206,148.000 HUF from Jan 2006 (Median) to Sep 2018, with 153 observations. The data reached an all-time high of 332,169.000 HUF in Jan 2007 and a record low of 163,651.000 HUF in Apr 2007. Hungary Avg Gross Monthly Earnings: BI: Education data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.G012: Average Gross Monthly Earnings: NACE Rev. 2.

Hungary Avg Gross Quarterly Earnings: EB: Transport and Storage data was reported at 314,335.000 HUF in Mar 2019. This records an increase from the previous number of 294,890.890 HUF for Dec 2018. Hungary Avg Gross Quarterly Earnings: EB: Transport and Storage data is updated quarterly, averaging 252,978.899 HUF from Mar 2015 (Median) to Mar 2019, with 17 observations. The data reached an all-time high of 314,335.000 HUF in Mar 2019 and a record low of 221,448.659 HUF in Mar 2015. Hungary Avg Gross Quarterly Earnings: EB: Transport and Storage data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.G013: Average Gross Quarterly Earnings: NACE Rev. 2.