Hungary Hungary National Minimum Wage - NMW

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NMW Hungary 2021

Hungary rises the national minimum wage

Since June 2021, the national minimum wage in Hungary remained fixed at 476 € per month, that is 5,712 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Hungarian forints, which is the official currency in Hungary, we can see that, this year, it was 167,400 Hungarian forints and accordingly, the national minimum wage has been raised 6,400 Hungarian forints per month from the previous year, 3.98%. This increase is greater than the CPI of 2021 which was 2.7%, so workers have gained buying power in the last year.

If we look at the ranking of the national minimum wage that we publish, Hungary is in 37 nd place, so it is among the countries with the lowest minimum salary of the 100 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Hungary. You can see NMW in other countries in National Minimum Wage 2021 and see all the information about this country in Hungary economy.

Hungary - Minimum wages
DateNat. Curr. NMWNMWNMW
June 2021167,400.0598.3 $476.0 €
January 2021161,000.0575.4 $442.4 €
December 2020522.7 $
January 2020161,000.0575.4 $487.1 €
December 2019512.6 $
January 2019149,000.0530.4 $464.2 €
December 2018510.7 $
January 2018138,000.0533.2 $444.7 €
December 2017464.6 $
January 2017127,500.0434.1 $411.5 €
December 2016394.3 $
January 2016111,000.0387.3 $351.3 €
December 2015375.9 $
January 2015105,000.0405.2 $332.8 €
December 2014436.4 $
January 2014101,500.0469.5 $341.7 €
December 2013438.1 $
January 201398,000.0443.6 $335.3 €
December 2012413.1 $
January 201293,000.0386.4 $295.6 €
December 2011388.0 $
January 201178,000.0369.0 $280.6 €
December 2010353.5 $
January 201073,500.0390.8 $271.8 €
December 2009353.4 $
January 200971,500.0380.5 $268.1 €
December 2008400.9 $
January 200869,000.0399.8 $271.9 €
December 2007356.7 $
January 200765,500.0341.8 $260.2 €
December 2006297.1 $
January 200662,500.0292.6 $247.2 €
December 2005285.6 $
January 200557,000.0316.2 $231.7 €
December 2004261.4 $
January 200453,000.0254.9 $201.9 €
December 2003222.9 $
January 200350,000.0220.3 $211.6 €
December 2002193.9 $
January 200250,000.0179.2 $203.9 €
December 2001139.6 $
January 200140,000.0139.9 $150.9 €
December 200090.4 $
January 200025,500.0101.0 $100.1 €
December 199994.9 $
January 199922,500.0122.2 $89.2 €
December 199891.0 $
January 199819,500.0105.9 $
December 199791.0 $
January 199717,000.0
December 199695.0 $
January 199614,500.0
December 199597.1 $
January 199512,200.0
Hungary - Minimum wages