Living Wage Family in Hungary increased to 221500 HUF/Month in 2018 from 212300 HUF/Month in 2017. Living Wage Family in Hungary averaged 211300 HUF/Month from 2015 until 2018, reaching an all time high of 221500 HUF/Month in 2018 and a record low of 202500 HUF/Month in 2015.

Living Wage Family in Hungary is expected to be 239900.00 HUF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Living Wage Family is projected to trend around 239900.00 HUF/Month in 2020, according to our econometric models.

Hungary Living Wage Family
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Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.40 11.80 3.30 percent [+]
Employed Persons 4510859.00 4500356.00 4510859.00 3678730.00 [+]
Unemployed Persons 155488.00 160375.00 506520.00 155488.00 [+]
Long Term Unemployment Rate 1.20 1.30 5.70 1.20 percent [+]
Youth Unemployment Rate 11.50 11.90 29.50 9.60 percent [+]
Labour Costs 133.40 120.70 133.40 31.30 Index Points [+]
Job Vacancies 80024.00 83337.00 87665.00 21130.00 [+]
Wages 364354.00 371131.00 371131.00 60268.00 HUF/Month [+]
Wage Growth 11.20 9.00 26.19 -5.30 percent [+]
Minimum Wages 464.20 418.47 464.20 89.15 EUR/Month [+]
Population 9.78 9.80 10.71 9.21 Million [+]
Retirement Age Women 64.00 63.50 64.00 59.00 [+]
Retirement Age Men 64.00 63.50 64.00 60.00 [+]
Labor Force Participation Rate 62.88 62.81 62.93 53.84 percent [+]
Living Wage Family 221500.00 212300.00 221500.00 202500.00 HUF/Month [+]
Living Wage Individual 144800.00 135900.00 144800.00 127200.00 HUF/Month [+]
Productivity 100.10 121.70 121.70 59.70 Index Points [+]
Part Time Employment 196.00 189.70 265.20 111.90 Thousand [+]
Wages High Skilled 281600.00 246400.00 281600.00 218900.00 HUF/Month [+]
Wages Low Skilled 140400.00 120700.00 140400.00 109400.00 HUF/Month [+]
Employment Change 1.00 0.70 2.70 -1.40 percent [+]
Employment Rate 60.78 60.65 68.70 47.98 percent [+]
Full Time Employment 4234.00 4226.70 4234.00 3150.50 Thousand [+]


Hungary Living Wage Family

WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. Hungary Living Wage Family - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
221500.00 212300.00 221500.00 202500.00 2015 - 2018 HUF/Month yearly




Country Last Previous
Argentina 14400.00 Dec/18
Australia 2790.00 Dec/18
Brazil 2360.00 Dec/18
Canada 2580.00 Dec/18
France 1790.00 Dec/18
Germany 1990.00 Dec/17
India 19400.00 Dec/18
Indonesia 2954800.00 Dec/18
Italy 1440.00 Dec/18
Mexico 7900.00 Dec/18
Netherlands 1560.00 Dec/18
Russia 23700.00 Dec/18
South Africa 11300.00 Dec/18
Spain 1150.00 Dec/18
Turkey 3190.00 Dec/18
United Kingdom 1300.00 Dec/18
United States 2380.00 Dec/18


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