Labour cost index by NACE Rev. 1.1 activity - nominal value in Hungary
Hungary: Labour cost index by NACE Rev. 1.1 activity - nominal value was 236.5 Index, 2000=100 in 2008. ▲ Rising
Latest (2008)
236.5 Index, 2000=100
Change on year
up 7.6%
World rank
4th
of 24 countries
All-time high
236.5 Index, 2000=100
in 2008
All-time low
61.4 Index, 2000=100
in 1996
Years of data
13
1996–2008
Labour cost index by NACE Rev. 1.1 activity - nominal value in Hungary, 1996–2008
Source: Eurostat. Measured in Index, 2000=100.
Analysis
In 2008, labour cost index by nace rev. 1.1 activity - nominal value in Hungary stood at 236.5 Index, 2000=100. That is the highest value across all 13 years on record.
The figure is up 7.6% on the previous year and up 171.5% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - nominal value in Hungary peaked at 236.5 Index, 2000=100 in 2008 and was at its lowest, 61.4 Index, 2000=100, in 1996.
Hungary ranks 4th of 24 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Labour cost index by NACE Rev. 1.1 activity - nominal value in Hungary, year by year
| Year | Index, 2000=100 | Change |
|---|---|---|
| 1996 | 61.4 Index, 2000=100 | — |
| 1997 | 73.4 Index, 2000=100 | +19.5% |
| 1998 | 87.1 Index, 2000=100 | +18.7% |
| 1999 | 95.9 Index, 2000=100 | +10.1% |
| 2000 | 110.2 Index, 2000=100 | +14.9% |
| 2001 | 130.1 Index, 2000=100 | +18.1% |
| 2002 | 153.6 Index, 2000=100 | +18.1% |
| 2003 | 161.1 Index, 2000=100 | +4.9% |
| 2004 | 169.3 Index, 2000=100 | +5.1% |
| 2005 | 183.4 Index, 2000=100 | +8.3% |
| 2006 | 203 Index, 2000=100 | +10.7% |
| 2007 | 219.8 Index, 2000=100 | +8.3% |
| 2008 | 236.5 Index, 2000=100 | +7.6% |
Hungary compared with similar countries
- Hungary's 236.5 Index, 2000=100 is above the median for Europe & Central Asia, which is 183.25 Index, 2000=100, 1.3× the median. (16 countries reporting)
- Hungary's 236.5 Index, 2000=100 is above the median for high income countries, which is 183.25 Index, 2000=100, 1.3× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79.45 Index, 2000=100 | 61.4 Index, 2000=100 | 95.9 Index, 2000=100 | 4 |
| 2000s | 174.11 Index, 2000=100 | 110.2 Index, 2000=100 | 236.5 Index, 2000=100 | 9 |
Countries ranked near Hungary
More work & labour data for Hungary
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2145 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1929 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.237 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.21 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.1776 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,774 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,505 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 3,653 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 3,807 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 7,461 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 1.1 activity - nominal value in Hungary?
- Labour cost index by nace rev. 1.1 activity - nominal value in Hungary was 236.5 Index, 2000=100 in 2008, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - nominal value recorded in Hungary?
- The highest recorded value was 236.5 Index, 2000=100 in 2008.
- What is the lowest labour cost index by nace rev. 1.1 activity - nominal value recorded in Hungary?
- The lowest recorded value was 61.4 Index, 2000=100 in 1996.
- How does Hungary rank for labour cost index by nace rev. 1.1 activity - nominal value?
- Hungary ranks 4th out of 24 countries with data for 2008.
- Is labour cost index by nace rev. 1.1 activity - nominal value rising or falling in Hungary?
- Over the last ten years it is up 171.5%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 1.1 activity - nominal value, quarterly data. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (Eurostat).