Labor share of gross domestic product (GDP) in Hungary

Hungary: Labor share of gross domestic product (GDP) was 48.2% in 2020. β–Ό Falling

Latest (2020)
48.2%
Change on year
down 1.8%
World rank
85th
of 186 countries
All-time high
57.1%
in 2005
All-time low
48.1%
in 2015
Years of data
17
2004–2020

Labor share of gross domestic product (GDP) in Hungary, 2004–2020

02040602004201220202004: 57 %2005: 57.1 %2006: 56.4 %2007: 54.7 %2008: 53.6 %2009: 53.1 %2010: 50.9 %2011: 50.5 %2012: 51.4 %2013: 50.2 %2014: 49.4 %2015: 48.1 %2016: 49.2 %2017: 49.3 %2018: 49.2 %2019: 49.1 %2020: 48.2 %

Source: International Labour Organisation (2023) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for labor share of gross domestic product (gdp) in Hungary is 48.2%, measured in 2020.

That represents a change of down 1.8% on the previous year and down 5.3% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Hungary peaked at 57.1% in 2005 and was at its lowest, 48.1%, in 2015.

Hungary ranks 85th of 186 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 55.3% 53.1% 57.1% 6
2010s 49.7% 48.1% 51.4% 10
2020s 48.2% 48.2% 48.2% 1

Countries ranked near Hungary

  1. 82 Gambia, The 48.8% compare
  2. 83 Poland 48.5% compare
  3. 84 Nicaragua 48.4% compare
  4. 86 Haiti 47.8% compare
  5. 87 Dominican Republic 47.7% compare
  6. 88 Thailand 47.4% compare

See the full ranking of 186 places β†’

More work & labour data for Hungary

All data for Hungary β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Hungary?
Labor share of gross domestic product (gdp) in Hungary was 48.2% in 2020, according to International Labour Organisation (2023) – processed by Our World in Data.
What is the highest labor share of gross domestic product (gdp) recorded in Hungary?
The highest recorded value was 57.1% in 2005.
What is the lowest labor share of gross domestic product (gdp) recorded in Hungary?
The lowest recorded value was 48.1% in 2015.
How does Hungary rank for labor share of gross domestic product (gdp)?
Hungary ranks 85th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Hungary?
Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
Where does this Hungary data come from?
The figures come from International Labour Organisation (2023) – processed by Our World in Data, published as part of Labor share of gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Labor share of gross domestic product (GDP)
Unit
%
Source
International Labour Organisation (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 3,162 data points, 2004–2020
Last refreshed

The labor share of gross domestic product (GDP) is the estimated total compensation of employees given as a percent of GDP. It provides information about the relative share of output paid as compensation to employees, compared to the share paid to capital.