Hungary Minimum Wage Rate 2020
Hungary has a government-mandated minimum wage, and no worker in Hungary can be paid less then this mandatory minimum rate of pay. Employers in Hungary who fail to pay the Minimum Wage may be subject to punishment by Hungary's government.
What is the Hungary Minimum Wage?
Hungary's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
The minimum wage in Hungary is 111,000 HUF (€370) per month for unskilled labor,129,000 HUF (€430) per month for skilled labor Hungary's minimum wage was last changed in 1-Jan-2017.
How does Hungary's minimum wage compare to the minimum wage in other countries?
Hungary's yearly minimum wage is $6,274.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 34 countries with a higher Minimum Wage then Hungary, and Hungary is in the top 17 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Hungary
Hungary is a country located in the Eastern Europe region with a population of 10,043,200 and an average life span of 71.4 years.
|Gross National Product||$48,267.00|
|Current Leader||Ferenc Mádl|
|Continent & Region||Europe, Eastern Europe|
|Surface Area||93,030 square kilometers|
|ISO 3166 Country Code||HU|
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