Compensation of employees by NUTS 2 region in Budapest

Budapest: Compensation of employees by NUTS 2 region was 31,410 in 2023. β–² Rising

Latest (2023)
31,410
Change on year
up 18.5%
Rank
141st
of 324 regions
All-time high
31,410
in 2023
All-time low
8,440
in 2000
Years of data
24
2000–2023

Compensation of employees by NUTS 2 region in Budapest, 2000–2023

10.0k15.0k20.0k25.0k30.0k2000201120232000: 8.4k2001: 10.1k2002: 11.6k2003: 12.3k2004: 14.0k2005: 15.9k2006: 16.2k2007: 18.2k2008: 19.4k2009: 16.9k2010: 17.3k2011: 17.6k2012: 17.4k2013: 17.1k2014: 17.1k2015: 17.7k2016: 18.7k2017: 20.6k2018: 21.5k2019: 23.8k2020: 22.6k2021: 24.3k2022: 26.5k2023: 31.4k

Source: Eurostat.

Analysis

In 2023, compensation of employees by nuts 2 region in Budapest stood at 31,410. That is the highest value across all 24 years on record.

The figure is up 18.5% on the previous year and up 83.8% over ten years.

Over the whole period, compensation of employees by nuts 2 region in Budapest peaked at 31,410 in 2023 and was at its lowest, 8,440, in 2000.

That places Budapest 141st out of 324 regions with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 14,296 8,440 19,354 10
2010s 18,883 17,086 23,801 10
2020s 26,188 22,558 31,410 4

More work & labour data for Budapest

All data for Budapest β†’

Frequently asked questions

What is compensation of employees by nuts 2 region in Budapest?
Compensation of employees by nuts 2 region in Budapest was 31,410 in 2023, according to Eurostat.
What is the highest compensation of employees by nuts 2 region recorded in Budapest?
The highest recorded value was 31,410 in 2023.
What is the lowest compensation of employees by nuts 2 region recorded in Budapest?
The lowest recorded value was 8,440 in 2000.
How does Budapest rank for compensation of employees by nuts 2 region?
Budapest ranks 141st out of 324 regions with data for 2023.
Is compensation of employees by nuts 2 region rising or falling in Budapest?
Over the last ten years it is up 83.8%. The long-run trend across the full record is rising.
Where does this Budapest data come from?
The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.

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Compensation of employees by NUTS 2 region in Budapest. Statizoid, drawing on Eurostat. Retrieved 18 August 2026, from https://labour.statizoid.com/stat/compensation-of-employees-by-nuts-2-region/budapest/

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About this data

Indicator
Compensation of employees by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
357 places, 8,539 data points, 2000–2024
Last refreshed