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.
As of June 2020, the average monthly net salary of full time employees was the highest in the economic sector of financial services. At the same time, the lowest salaries were recorded in the hospitality sector.
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Hungary HU: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 86.964 % in 2017. This records a decrease from the previous number of 87.070 % for 2016. Hungary HU: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 83.103 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 87.070 % in 2016 and a record low of 73.858 % in 1992. Hungary HU: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.
The average monthly gross salary at McDonald's in Hungary peaked in 2021 at 365 thousand forints. In 2020, average earnings totaled 328 thousand forints.
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Graph and download economic data for Labor Compensation: Earnings: Private Sector: Monthly for Hungary (LCEAPR03HUA661N) from 1989 to 2022 about Hungary, compensation, sector, earnings, and private.
In 2023, mid-level employees working for Hungarian startups had an average gross salary of 2.5 thousand euros per month. By comparison, senior-level employees earned approximately 4.9 thousand euros.
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Hungary Household Income: PI: Compensation of Employees (CE) data was reported at 17,324.100 HUF bn in 2017. This records an increase from the previous number of 16,153.700 HUF bn for 2016. Hungary Household Income: PI: Compensation of Employees (CE) data is updated yearly, averaging 11,292.500 HUF bn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 17,324.100 HUF bn in 2017 and a record low of 2,656.700 HUF bn in 1995. Hungary Household Income: PI: Compensation of Employees (CE) 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.H011: Household Income.
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Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Hungary (LCEAMN01HUA659S) from 1996 to 2023 about Hungary, compensation, earnings, hours, and manufacturing.
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Hungary HU: General Government: Expense: Compensation of Employees data was reported at 4,175,364.000 HUF mn in 2017. This records an increase from the previous number of 3,860,170.000 HUF mn for 2016. Hungary HU: General Government: Expense: Compensation of Employees data is updated yearly, averaging 2,889,029.000 HUF mn from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 4,175,364.000 HUF mn in 2017 and a record low of 1,242,195.000 HUF mn in 1999. Hungary HU: General Government: Expense: Compensation of Employees data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hungary – Table HU.IMF.IFS: Government Finance: Operations Statement: Annual.
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.
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Hungary HU: BoP: Current Account: Primary Income: Compensation of Employees: Credit data was reported at 3.891 USD bn in 2017. This records a decrease from the previous number of 4.051 USD bn for 2016. Hungary HU: BoP: Current Account: Primary Income: Compensation of Employees: Credit data is updated yearly, averaging 207.482 USD mn from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 4.051 USD bn in 2016 and a record low of 0.000 USD mn in 1994. Hungary HU: BoP: Current Account: Primary Income: Compensation of Employees: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hungary – Table HU.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
The average monthly gross salary of Burger King's employees followed a decreasing trend between 2018 and 2020. In 2021, the average monthly gross salary at Burger King totaled 358 thousand forints, representing an increase compared to the previous year.
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Hungary HU: Expenditure: Compensation of Employees data was reported at 2,960,641.530 HUF mn in 2016. This records an increase from the previous number of 2,745,807.250 HUF mn for 2015. Hungary HU: Expenditure: Compensation of Employees data is updated yearly, averaging 554,226.000 HUF mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 2,960,641.530 HUF mn in 2016 and a record low of 29,600.000 HUF mn in 1981. Hungary HU: Expenditure: Compensation of Employees data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;
As of 2023, Rwanda had the lowest average monthly salary of employees in the world in terms of purchasing power parities (PPP), which takes the average cost of living in a country into account. Gambia had the second lowest average wages, with Ethiopia in third. Of the 20 countries with the lowest average salaries in the world, 17 were located in Africa. On the other hand, Luxembourg had the highest average monthly salaries of employees.
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Hungary HU: GDP: Net Income from Abroad data was reported at -1,594,827.000 HUF mn in 2015. This records a decrease from the previous number of -1,358,188.000 HUF mn for 2014. Hungary HU: GDP: Net Income from Abroad data is updated yearly, averaging -876,027.000 HUF mn from Dec 1993 (Median) to 2015, with 23 observations. The data reached an all-time high of -90,784.133 HUF mn in 1993 and a record low of -1,685,321.000 HUF mn in 2007. Hungary HU: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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Hungary HU: GDP: USD: Gross National Income data was reported at 133.447 USD bn in 2017. This records an increase from the previous number of 118.779 USD bn for 2016. Hungary HU: GDP: USD: Gross National Income data is updated yearly, averaging 106.513 USD bn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 147.665 USD bn in 2008 and a record low of 39.584 USD bn in 1993. Hungary HU: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
In 2023, men employed at Hungarian startups earned on average 67 percent more than women. Senior-level female employees earned on average 3.1 thousand euros per month, while men of the same seniority level had an average salary of 4.4 thousand euros.
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Hungary Business Sector: Compensation of Employees: Mining and Quarrying data was reported at 500.500 HUF mn in 2019. This records an increase from the previous number of 66.100 HUF mn for 2018. Hungary Business Sector: Compensation of Employees: Mining and Quarrying data is updated yearly, averaging 83.500 HUF mn from Dec 2013 (Median) to 2019, with 7 observations. The data reached an all-time high of 500.500 HUF mn in 2019 and a record low of 20.900 HUF mn in 2017. Hungary Business Sector: Compensation of Employees: Mining and Quarrying data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Hungary – Table HU.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.
Hospitality and accommodation services employees' average monthly gross salary increased year over year during the observed period. In 2020, employees in the sector earned on average 251 thousand forints in Hungary.
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Hungary Business Sector: Compensation of Employees: Printing and Reproduction of Recorded Media data was reported at 100.400 HUF mn in 2019. This records a decrease from the previous number of 166.300 HUF mn for 2018. Hungary Business Sector: Compensation of Employees: Printing and Reproduction of Recorded Media data is updated yearly, averaging 94.550 HUF mn from Dec 2014 (Median) to 2019, with 6 observations. The data reached an all-time high of 166.300 HUF mn in 2018 and a record low of 64.100 HUF mn in 2016. Hungary Business Sector: Compensation of Employees: Printing and Reproduction of Recorded Media data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Hungary – Table HU.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.
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.