LU3: Combined rate of unemployment and potential labour force in Hungary
Hungary: LU3: Combined rate of unemployment and potential labour force was 5.72 in 2024. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Hungary, 1998–2024
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force in Hungary is 5.72, measured in 2024.
That represents a change of up 4.9% on the previous year and down 49.7% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Hungary peaked at 15.57 in 2011 and was at its lowest, 5.27, in 2022.
Hungary ranks 66th of 89 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
LU3: Combined rate of unemployment and potential labour force in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 11.75 | — |
| 1999 | 10.98 | -6.6% |
| 2000 | 10.71 | -2.5% |
| 2001 | 9.77 | -8.8% |
| 2002 | 9.96 | +1.9% |
| 2003 | 9.86 | -1.0% |
| 2004 | 10.23 | +3.8% |
| 2005 | 11.28 | +10.2% |
| 2006 | 11.22 | -0.6% |
| 2007 | 10.95 | -2.4% |
| 2008 | 11.61 | +6.0% |
| 2009 | 14.2 | +22.4% |
| 2010 | 15.36 | +8.2% |
| 2011 | 15.57 | +1.4% |
| 2012 | 15.53 | -0.3% |
| 2013 | 14.73 | -5.2% |
| 2014 | 11.36 | -22.9% |
| 2015 | 9.81 | -13.6% |
| 2016 | 7.78 | -20.7% |
| 2017 | 6.69 | -14.0% |
| 2018 | 5.87 | -12.3% |
| 2019 | 5.59 | -4.8% |
| 2020 | 7.12 | +27.5% |
| 2021 | 6.27 | -12.0% |
| 2022 | 5.27 | -15.9% |
| 2023 | 5.45 | +3.4% |
| 2024 | 5.72 | +4.9% |
Hungary compared with similar countries
- Hungary's 5.72 is below the median for high income countries, which is 7.45, 77% of the median. (46 countries reporting)
- Hungary's 5.72 is below the median for Europe & Central Asia, which is 8.71, 66% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.36 | 10.98 | 11.75 | 2 |
| 2000s | 10.98 | 9.77 | 14.2 | 10 |
| 2010s | 10.83 | 5.59 | 15.57 | 10 |
| 2020s | 5.97 | 5.27 | 7.12 | 5 |
Countries ranked near Hungary
- 63 Netherlands 6.08 compare
- 64 Bulgaria 5.96 compare
- 65 Germany 5.87 compare
- 67 Sri Lanka 5.68 compare
- 68 Bangladesh 5.46 compare
- 69 United States 5.24 compare
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 lu3: combined rate of unemployment and potential labour force in Hungary?
- Lu3: combined rate of unemployment and potential labour force in Hungary was 5.72 in 2024, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Hungary?
- The highest recorded value was 15.57 in 2011.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Hungary?
- The lowest recorded value was 5.27 in 2022.
- How does Hungary rank for lu3: combined rate of unemployment and potential labour force?
- Hungary ranks 66th out of 89 countries with data for 2024.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Hungary?
- Over the last ten years it is down 49.7%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.