Monthly minimum wage (Local currency), annual growth rate in Hungary
Hungary: Monthly minimum wage (Local currency), annual growth rate was 11 % change on previous year in 2026. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Hungary, 1996–2026
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2026, monthly minimum wage (local currency), annual growth rate in Hungary stood at 11 % change on previous year.
The figure is up 22.3% on the previous year and up 92.6% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Hungary peaked at 56.86 % change on previous year in 2001 and was at its lowest, 0 % change on previous year, in 2003.
Hungary ranks 40th of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Hungary, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 18.85 % change on previous year | — |
| 1997 | 17.24 % change on previous year | -8.5% |
| 1998 | 14.71 % change on previous year | -14.7% |
| 1999 | 15.38 % change on previous year | +4.6% |
| 2000 | 13.33 % change on previous year | -13.3% |
| 2001 | 56.86 % change on previous year | +326.5% |
| 2002 | 25 % change on previous year | -56.0% |
| 2003 | 0 % change on previous year | -100.0% |
| 2004 | 6 % change on previous year | — |
| 2005 | 7.55 % change on previous year | +25.8% |
| 2006 | 9.65 % change on previous year | +27.9% |
| 2007 | 4.8 % change on previous year | -50.3% |
| 2008 | 5.34 % change on previous year | +11.3% |
| 2009 | 3.62 % change on previous year | -32.2% |
| 2010 | 2.8 % change on previous year | -22.8% |
| 2011 | 6.12 % change on previous year | +118.9% |
| 2012 | 19.23 % change on previous year | +214.1% |
| 2013 | 5.38 % change on previous year | -72.0% |
| 2014 | 3.57 % change on previous year | -33.6% |
| 2015 | 3.45 % change on previous year | -3.4% |
| 2016 | 5.71 % change on previous year | +65.7% |
| 2017 | 14.86 % change on previous year | +160.1% |
| 2018 | 8.24 % change on previous year | -44.6% |
| 2019 | 7.97 % change on previous year | -3.2% |
| 2020 | 8.05 % change on previous year | +1.0% |
| 2021 | 3.98 % change on previous year | -50.6% |
| 2022 | 19.47 % change on previous year | +389.9% |
| 2023 | 16 % change on previous year | -17.8% |
| 2024 | 15 % change on previous year | -6.2% |
| 2025 | 9 % change on previous year | -40.0% |
| 2026 | 11 % change on previous year | +22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.55 % change on previous year | 14.71 % change on previous year | 18.85 % change on previous year | 4 |
| 2000s | 13.22 % change on previous year | 0 % change on previous year | 56.86 % change on previous year | 10 |
| 2010s | 7.73 % change on previous year | 2.8 % change on previous year | 19.23 % change on previous year | 10 |
| 2020s | 11.79 % change on previous year | 3.98 % change on previous year | 19.47 % change on previous year | 7 |
Countries ranked near Hungary
- 37 Slovakia 12.13 % change on previous year compare
- 38 Colombia 12.07 % change on previous year compare
- 39 Lithuania 11.08 % change on previous year compare
- 41 Senegal 10.94 % change on previous year compare
- 42 Turkmenistan 10.34 % change on previous year compare
- 43 Nicaragua 10.1 % change on previous year 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 monthly minimum wage (local currency), annual growth rate in Hungary?
- Monthly minimum wage (local currency), annual growth rate in Hungary was 11 % change on previous year in 2026, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Hungary?
- The highest recorded value was 56.86 % change on previous year in 2001.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Hungary?
- The lowest recorded value was 0 % change on previous year in 2003.
- How does Hungary rank for monthly minimum wage (local currency), annual growth rate?
- Hungary ranks 40th out of 168 countries with data for 2026.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Hungary?
- Over the last ten years it is up 92.6%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.