Compensation per employee and hours worked per employed person by in Budapest

Budapest: Compensation per employee and hours worked per employed person by was 19,800 in 2023. ▲ Rising

Latest (2023)
19,800
Change on year
up 16.5%
Rank
260th
of 314 regions
All-time high
19,800
in 2023
All-time low
7,000
in 2000
Years of data
24
2000–2023

Compensation per employee and hours worked per employed person by in Budapest, 2000–2023

05.0k10.0k15.0k20.0k2000201120232000: 7.0k2001: 8.5k2002: 9.7k2003: 10.2k2004: 11.5k2005: 12.6k2006: 12.5k2007: 14.0k2008: 14.9k2009: 12.9k2010: 13.4k2011: 13.6k2012: 13.6k2013: 13.1k2014: 12.5k2015: 12.6k2016: 12.9k2017: 13.9k2018: 14.4k2019: 15.4k2020: 14.9k2021: 15.8k2022: 17.0k2023: 19.8k

Source: Eurostat.

Analysis

Budapest recorded 19,800 for compensation per employee and hours worked per employed person by in 2023. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 16.5% on the previous year and up 51.1% over ten years.

Over the whole period, compensation per employee and hours worked per employed person by in Budapest peaked at 19,800 in 2023 and was at its lowest, 7,000, in 2000.

That places Budapest 260th out of 314 regions with data for 2023, putting it in the bottom quarter.

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

Compensation per employee and hours worked per employed person by in Budapest, year by year

Annual values for Compensation per employee and hours worked per employed person by NUTS 2 region and by industry in Budapest, 2000 to 2023.
Year Value Change
2000 7,000
2001 8,500 +21.4%
2002 9,700 +14.1%
2003 10,200 +5.2%
2004 11,500 +12.7%
2005 12,600 +9.6%
2006 12,500 -0.8%
2007 14,000 +12.0%
2008 14,900 +6.4%
2009 12,900 -13.4%
2010 13,400 +3.9%
2011 13,600 +1.5%
2012 13,600 +0.0%
2013 13,100 -3.7%
2014 12,500 -4.6%
2015 12,600 +0.8%
2016 12,900 +2.4%
2017 13,900 +7.8%
2018 14,400 +3.6%
2019 15,400 +6.9%
2020 14,900 -3.2%
2021 15,800 +6.0%
2022 17,000 +7.6%
2023 19,800 +16.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11,380 7,000 14,900 10
2010s 13,540 12,500 15,400 10
2020s 16,875 14,900 19,800 4

More work & labour data for Budapest

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Frequently asked questions

What is compensation per employee and hours worked per employed person by in Budapest?
Compensation per employee and hours worked per employed person by in Budapest was 19,800 in 2023, according to Eurostat.
What is the highest compensation per employee and hours worked per employed person by recorded in Budapest?
The highest recorded value was 19,800 in 2023.
What is the lowest compensation per employee and hours worked per employed person by recorded in Budapest?
The lowest recorded value was 7,000 in 2000.
How does Budapest rank for compensation per employee and hours worked per employed person by?
Budapest ranks 260th out of 314 regions with data for 2023.
Is compensation per employee and hours worked per employed person by rising or falling in Budapest?
Over the last ten years it is up 51.1%. 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 per employee and hours worked per employed person by NUTS 2 region and by industry. Statizoid updates them automatically from the source API.

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Compensation per employee and hours worked per employed person by in Budapest. Statizoid, drawing on Eurostat. Retrieved 28 August 2026, from https://labour.statizoid.com/stat/compensation-per-employee-and-hours-worked-per-employed-person-by-nuts-2-region-and-by/budapest/

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About this data

Indicator
Compensation per employee and hours worked per employed person by NUTS 2 region and by industry
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
346 places, 8,369 data points, 2000–2024
Last refreshed