Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly in Hungary
Hungary: Labour cost index by NACE: nominal value, quarterly … 1.1 quarterly was 236.5 in 2008. ▲ Rising
Latest (2008)
236.5
Change on year
up 7.6%
World rank
4th
of 24 countries
All-time high
236.5
in 2008
All-time low
61.4
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.
Analysis
In 2008, labour cost index by nace rev. 1.1 activity - nominal value in Hungary stood at 236.5. 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 in 2008 and was at its lowest, 61.4, 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: nominal value, quarterly … 1.1 quarterly in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 61.4 | — |
| 1997 | 73.4 | +19.5% |
| 1998 | 87.1 | +18.7% |
| 1999 | 95.9 | +10.1% |
| 2000 | 110.2 | +14.9% |
| 2001 | 130.1 | +18.1% |
| 2002 | 153.6 | +18.1% |
| 2003 | 161.1 | +4.9% |
| 2004 | 169.3 | +5.1% |
| 2005 | 183.4 | +8.3% |
| 2006 | 203 | +10.7% |
| 2007 | 219.8 | +8.3% |
| 2008 | 236.5 | +7.6% |
Hungary compared with similar countries
- Hungary's 236.5 is above the median for Europe & Central Asia, which is 183.25, 1.3× the median. (16 countries reporting)
- Hungary's 236.5 is above the median for high income countries, which is 183.25, 1.3× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79.45 | 61.4 | 95.9 | 4 |
| 2000s | 174.11 | 110.2 | 236.5 | 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 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 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 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
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