Real minimum wages at constant prices — Statutory minimum wages in Hungary
Hungary: Real minimum wages at constant prices — Statutory minimum wages was 9,882 US dollars, exchange rate converted in 2025. ▲ Rising
Real minimum wages at constant prices — Statutory minimum wages in Hungary, 1988–2025
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
The most recent figure for real minimum wages at constant prices — statutory minimum wages in Hungary is 9,882 US dollars, exchange rate converted, measured in 2025. That is the highest value across all 38 years on record.
That represents a change of up 4.4% on the previous year and up 60.6% over ten years.
Over the whole period, real minimum wages at constant prices — statutory minimum wages in Hungary peaked at 9,882 US dollars, exchange rate converted in 2025 and was at its lowest, 2,631 US dollars, exchange rate converted, in 1996.
That places Hungary 19th out of 26 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Real minimum wages at constant prices — Statutory minimum wages in Hungary, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1988 | 3,190 US dollars, exchange rate converted | — |
| 1989 | 3,320 US dollars, exchange rate converted | +4.1% |
| 1990 | 3,547 US dollars, exchange rate converted | +6.8% |
| 1991 | 3,514 US dollars, exchange rate converted | -0.9% |
| 1992 | 3,393 US dollars, exchange rate converted | -3.4% |
| 1993 | 3,088 US dollars, exchange rate converted | -9.0% |
| 1994 | 3,023 US dollars, exchange rate converted | -2.1% |
| 1995 | 2,706 US dollars, exchange rate converted | -10.5% |
| 1996 | 2,631 US dollars, exchange rate converted | -2.8% |
| 1997 | 2,643 US dollars, exchange rate converted | +0.4% |
| 1998 | 2,655 US dollars, exchange rate converted | +0.5% |
| 1999 | 2,785 US dollars, exchange rate converted | +4.9% |
| 2000 | 2,875 US dollars, exchange rate converted | +3.2% |
| 2001 | 4,133 US dollars, exchange rate converted | +43.8% |
| 2002 | 4,908 US dollars, exchange rate converted | +18.7% |
| 2003 | 4,689 US dollars, exchange rate converted | -4.5% |
| 2004 | 4,656 US dollars, exchange rate converted | -0.7% |
| 2005 | 4,836 US dollars, exchange rate converted | +3.8% |
| 2006 | 5,102 US dollars, exchange rate converted | +5.5% |
| 2007 | 4,952 US dollars, exchange rate converted | -2.9% |
| 2008 | 4,920 US dollars, exchange rate converted | -0.7% |
| 2009 | 4,892 US dollars, exchange rate converted | -0.6% |
| 2010 | 4,796 US dollars, exchange rate converted | -2.0% |
| 2011 | 4,897 US dollars, exchange rate converted | +2.1% |
| 2012 | 5,527 US dollars, exchange rate converted | +12.9% |
| 2013 | 5,724 US dollars, exchange rate converted | +3.6% |
| 2014 | 5,942 US dollars, exchange rate converted | +3.8% |
| 2015 | 6,151 US dollars, exchange rate converted | +3.5% |
| 2016 | 6,477 US dollars, exchange rate converted | +5.3% |
| 2017 | 7,278 US dollars, exchange rate converted | +12.4% |
| 2018 | 7,650 US dollars, exchange rate converted | +5.1% |
| 2019 | 7,993 US dollars, exchange rate converted | +4.5% |
| 2020 | 8,358 US dollars, exchange rate converted | +4.6% |
| 2021 | 8,215 US dollars, exchange rate converted | -1.7% |
| 2022 | 8,619 US dollars, exchange rate converted | +4.9% |
| 2023 | 8,643 US dollars, exchange rate converted | +0.3% |
| 2024 | 9,466 US dollars, exchange rate converted | +9.5% |
| 2025 | 9,882 US dollars, exchange rate converted | +4.4% |
Hungary compared with similar countries
- Hungary's 9,882 US dollars, exchange rate converted is below the median for high income countries, which is 16,905 US dollars, exchange rate converted, 58% of the median. (22 countries reporting)
- Hungary's 9,882 US dollars, exchange rate converted is below the median for Europe & Central Asia, which is 18,731 US dollars, exchange rate converted, 53% of the median. (13 countries reporting)
Biggest year-on-year movements
Years where Real minimum wages at constant prices — Statutory minimum wages in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +43.8% | 2,875 US dollars, exchange rate converted | 4,133 US dollars, exchange rate converted |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3,255 US dollars, exchange rate converted | 3,190 US dollars, exchange rate converted | 3,320 US dollars, exchange rate converted | 2 |
| 1990s | 2,998 US dollars, exchange rate converted | 2,631 US dollars, exchange rate converted | 3,547 US dollars, exchange rate converted | 10 |
| 2000s | 4,596 US dollars, exchange rate converted | 2,875 US dollars, exchange rate converted | 5,102 US dollars, exchange rate converted | 10 |
| 2010s | 6,243 US dollars, exchange rate converted | 4,796 US dollars, exchange rate converted | 7,993 US dollars, exchange rate converted | 10 |
| 2020s | 8,864 US dollars, exchange rate converted | 8,215 US dollars, exchange rate converted | 9,882 US dollars, exchange rate converted | 6 |
Countries ranked near Hungary
- 16 Malta 13,032 US dollars, exchange rate converted compare
- 17 Czechia 11,407 US dollars, exchange rate converted compare
- 18 Romania 10,871 US dollars, exchange rate converted compare
- 20 Costa Rica 9,479 US dollars, exchange rate converted compare
- 21 Bulgaria 7,448 US dollars, exchange rate converted compare
- 22 Chile 6,551 US dollars, exchange rate converted compare
More economy & growth data for Hungary
- Real gdp growth, annual growth rate -26.96 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 233.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.49 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 170.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is real minimum wages at constant prices — statutory minimum wages in Hungary?
- Real minimum wages at constant prices — statutory minimum wages in Hungary was 9,882 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Hungary?
- The highest recorded value was 9,882 US dollars, exchange rate converted in 2025.
- What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Hungary?
- The lowest recorded value was 2,631 US dollars, exchange rate converted in 1996.
- How does Hungary rank for real minimum wages at constant prices — statutory minimum wages?
- Hungary ranks 19th out of 26 countries with data for 2025.
- Is real minimum wages at constant prices — statutory minimum wages rising or falling in Hungary?
- Over the last ten years it is up 60.6%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.
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About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.