Since June 2001, the national minimum wage in Hungary remained fixed at €157.6 per month, that is 1,891 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 40,000 Hungarian forints and accordingly, the national minimum wage has remained stable, while the CPI of 2001 which was 10.1%, so workers have lost purchasing power in the last year.
If we look at the ranking of the national minimum wage that we publish, Hungary is in 27 nd place of the 65 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 2001 and see all the information about this country in Hungary economy.