Monthly minimum wage in Hungary

Hungary: Monthly minimum wage was 322,800 in 2026. ◆ Volatile

Latest (2026)
322,800
Change on year
up 11.0%
World rank
16th
of 173 countries
All-time high
322,800
in 2026
All-time low
12,200
in 1995
Years of data
32
1995–2026

Monthly minimum wage in Hungary, 1995–2026

0100.0k200.0k300.0k1995201020261995: 12.2k1996: 14.5k1997: 17.0k1998: 19.5k1999: 22.5k2000: 25.5k2001: 40.0k2002: 50.0k2003: 50.0k2004: 53.0k2005: 57.0k2006: 62.5k2007: 65.5k2008: 69.0k2009: 71.5k2010: 73.5k2011: 78.0k2012: 93.0k2013: 98.0k2014: 101.5k2015: 105.0k2016: 111.0k2017: 127.5k2018: 138.0k2019: 149.0k2020: 161.0k2021: 167.4k2022: 200.0k2023: 232.0k2024: 266.8k2025: 290.8k2026: 322.8k

Source: International Labour Organization.

Analysis

In 2026, monthly minimum wage in Hungary stood at 322,800. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 11.0% on the previous year and up 190.8% over ten years.

Over the whole period, monthly minimum wage in Hungary peaked at 322,800 in 2026 and was at its lowest, 12,200, in 1995.

Hungary ranks 16th of 173 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage in Hungary, year by year

Annual values for Monthly minimum wage (Local currency) in Hungary, 1995 to 2026.
Year Value Change
1995 12,200
1996 14,500 +18.9%
1997 17,000 +17.2%
1998 19,500 +14.7%
1999 22,500 +15.4%
2000 25,500 +13.3%
2001 40,000 +56.9%
2002 50,000 +25.0%
2003 50,000 +0.0%
2004 53,000 +6.0%
2005 57,000 +7.5%
2006 62,500 +9.6%
2007 65,500 +4.8%
2008 69,000 +5.3%
2009 71,500 +3.6%
2010 73,500 +2.8%
2011 78,000 +6.1%
2012 93,000 +19.2%
2013 98,000 +5.4%
2014 101,500 +3.6%
2015 105,000 +3.4%
2016 111,000 +5.7%
2017 127,500 +14.9%
2018 138,000 +8.2%
2019 149,000 +8.0%
2020 161,000 +8.1%
2021 167,400 +4.0%
2022 200,000 +19.5%
2023 232,000 +16.0%
2024 266,800 +15.0%
2025 290,800 +9.0%
2026 322,800 +11.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 17,140 12,200 22,500 5
2000s 54,400 25,500 71,500 10
2010s 107,450 73,500 149,000 10
2020s 234,400 161,000 322,800 7

Countries ranked near Hungary

  1. 13 Iceland 425,985 compare
  2. 14 Costa Rica 358,609 compare
  3. 15 Iraq 350,000 compare
  4. 17 Argentina 271,571 compare
  5. 18 Madagascar 262,880 compare
  6. 19 Congo, Democratic Republic of the 183,950 compare

See the full ranking of 173 places →

More work & labour data for Hungary

All data for Hungary →

Frequently asked questions

What is monthly minimum wage in Hungary?
Monthly minimum wage in Hungary was 322,800 in 2026, according to International Labour Organization.
What is the highest monthly minimum wage recorded in Hungary?
The highest recorded value was 322,800 in 2026.
What is the lowest monthly minimum wage recorded in Hungary?
The lowest recorded value was 12,200 in 1995.
How does Hungary rank for monthly minimum wage?
Hungary ranks 16th out of 173 countries with data for 2026.
Is monthly minimum wage rising or falling in Hungary?
Over the last ten years it is up 190.8%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from International Labour Organization, published as part of Monthly minimum wage (Local currency). Statizoid updates them automatically from the source API.

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Monthly minimum wage in Hungary. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency/hungary/

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About this data

Indicator
Monthly minimum wage (Local currency)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
173 places, 3,960 data points, 1980–2026
Last refreshed

Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.