Nominal Labour productivity by NUTS 2 region in Budapest
Budapest: Nominal Labour productivity by NUTS 2 region was 48,100 Euro in 2024. ▲ Rising
Nominal Labour productivity by NUTS 2 region in Budapest, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
In 2024, nominal labour productivity by nuts 2 region in Budapest stood at 48,100 Euro. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 71.2% over ten years.
Over the whole period, nominal labour productivity by nuts 2 region in Budapest peaked at 48,100 Euro in 2024 and was at its lowest, 13,600 Euro, in 2000.
Budapest ranks 246th of 322 regions on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Nominal Labour productivity by NUTS 2 region in Budapest, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 13,600 Euro | — |
| 2001 | 16,000 Euro | +17.6% |
| 2002 | 19,700 Euro | +23.1% |
| 2003 | 20,200 Euro | +2.5% |
| 2004 | 22,600 Euro | +11.9% |
| 2005 | 24,500 Euro | +8.4% |
| 2006 | 24,700 Euro | +0.8% |
| 2007 | 27,600 Euro | +11.7% |
| 2008 | 29,800 Euro | +8.0% |
| 2009 | 27,000 Euro | -9.4% |
| 2010 | 27,900 Euro | +3.3% |
| 2011 | 28,800 Euro | +3.2% |
| 2012 | 28,900 Euro | +0.3% |
| 2013 | 27,900 Euro | -3.5% |
| 2014 | 28,100 Euro | +0.7% |
| 2015 | 28,100 Euro | +0.0% |
| 2016 | 28,100 Euro | +0.0% |
| 2017 | 30,300 Euro | +7.8% |
| 2018 | 32,000 Euro | +5.6% |
| 2019 | 34,600 Euro | +8.1% |
| 2020 | 32,600 Euro | -5.8% |
| 2021 | 35,800 Euro | +9.8% |
| 2022 | 38,100 Euro | +6.4% |
| 2023 | 45,400 Euro | +19.2% |
| 2024 | 48,100 Euro | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,570 Euro | 13,600 Euro | 29,800 Euro | 10 |
| 2010s | 29,470 Euro | 27,900 Euro | 34,600 Euro | 10 |
| 2020s | 40,000 Euro | 32,600 Euro | 48,100 Euro | 5 |
More work & labour data for Budapest
- Economy - FUAs — Employment at place of work 2.17 million Persons (2023)
- Labour force participation rates by educational attainment level 81.4% (2025)
- Average actual weekly hours worked in the main job of persons who 36.8 Hour (2025)
- Population in private households by citizenship, labour status and 1,288 Thousand persons (2025)
- Population in private households by country of birth, labour status 1,288 Thousand persons (2025)
- Employed persons by NUTS 2 region 911.8 Thousand persons (2025)
- Employment rates by NUTS 2 region 70.8% (2025)
- Employed persons by job tenure and NUTS 2 region 911.8 Thousand persons (2025)
- Employment rates by educational attainment level, citizenship and 78.8% (2025)
- Employment rates by educational attainment level, country of birth 78.8% (2025)
Frequently asked questions
- What is nominal labour productivity by nuts 2 region in Budapest?
- Nominal labour productivity by nuts 2 region in Budapest was 48,100 Euro in 2024, according to Eurostat.
- What is the highest nominal labour productivity by nuts 2 region recorded in Budapest?
- The highest recorded value was 48,100 Euro in 2024.
- What is the lowest nominal labour productivity by nuts 2 region recorded in Budapest?
- The lowest recorded value was 13,600 Euro in 2000.
- How does Budapest rank for nominal labour productivity by nuts 2 region?
- Budapest ranks 246th out of 322 regions with data for 2024.
- Is nominal labour productivity by nuts 2 region rising or falling in Budapest?
- Over the last ten years it is up 71.2%. The long-run trend across the full record is rising.
- Where does this Budapest data come from?
- The figures come from Eurostat, published as part of Nominal Labour productivity by NUTS 2 region. Statizoid updates them automatically from the source API.
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