Nominal Labour productivity by NUTS 2 region in Hungary
Hungary: Nominal Labour productivity by NUTS 2 region was 43,000 Euro in 2024. ▲ Rising
Latest (2024)
43,000 Euro
Change on year
up 4.4%
World rank
37th
of 41 countries
All-time high
43,000 Euro
in 2024
All-time low
12,600 Euro
in 2000
Years of data
25
2000–2024
Nominal Labour productivity by NUTS 2 region in Hungary, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
In 2024, nominal labour productivity by nuts 2 region in Hungary stood at 43,000 Euro. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 70.0% over ten years.
Over the whole period, nominal labour productivity by nuts 2 region in Hungary peaked at 43,000 Euro in 2024 and was at its lowest, 12,600 Euro, in 2000.
That places Hungary 37th out of 41 countries with data for 2024, putting it 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 Hungary, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 12,600 Euro | — |
| 2001 | 14,700 Euro | +16.7% |
| 2002 | 17,600 Euro | +19.7% |
| 2003 | 18,100 Euro | +2.8% |
| 2004 | 20,300 Euro | +12.2% |
| 2005 | 22,200 Euro | +9.4% |
| 2006 | 22,200 Euro | +0.0% |
| 2007 | 24,900 Euro | +12.2% |
| 2008 | 26,900 Euro | +8.0% |
| 2009 | 23,900 Euro | -11.2% |
| 2010 | 25,400 Euro | +6.3% |
| 2011 | 26,000 Euro | +2.4% |
| 2012 | 25,300 Euro | -2.7% |
| 2013 | 25,400 Euro | +0.4% |
| 2014 | 25,300 Euro | -0.4% |
| 2015 | 26,300 Euro | +4.0% |
| 2016 | 26,300 Euro | +0.0% |
| 2017 | 28,100 Euro | +6.8% |
| 2018 | 29,600 Euro | +5.3% |
| 2019 | 31,600 Euro | +6.8% |
| 2020 | 30,400 Euro | -3.8% |
| 2021 | 33,100 Euro | +8.9% |
| 2022 | 35,400 Euro | +6.9% |
| 2023 | 41,200 Euro | +16.4% |
| 2024 | 43,000 Euro | +4.4% |
Hungary compared with similar countries
- Hungary's 43,000 Euro is below the median for Europe & Central Asia, which is 61,100 Euro, 70% of the median. (29 countries reporting)
- Hungary's 43,000 Euro is below the median for high income countries, which is 69,800 Euro, 62% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,340 Euro | 12,600 Euro | 26,900 Euro | 10 |
| 2010s | 26,930 Euro | 25,300 Euro | 31,600 Euro | 10 |
| 2020s | 36,620 Euro | 30,400 Euro | 43,000 Euro | 5 |
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 nominal labour productivity by nuts 2 region in Hungary?
- Nominal labour productivity by nuts 2 region in Hungary was 43,000 Euro in 2024, according to Eurostat.
- What is the highest nominal labour productivity by nuts 2 region recorded in Hungary?
- The highest recorded value was 43,000 Euro in 2024.
- What is the lowest nominal labour productivity by nuts 2 region recorded in Hungary?
- The lowest recorded value was 12,600 Euro in 2000.
- How does Hungary rank for nominal labour productivity by nuts 2 region?
- Hungary ranks 37th out of 41 countries with data for 2024.
- Is nominal labour productivity by nuts 2 region rising or falling in Hungary?
- Over the last ten years it is up 70.0%. 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 Nominal Labour productivity by NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
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