HUNGARY
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THE OFFICIAL SALARY IN HUNGARY IN 2023:Average salary – 531,200 forints per month ($1,575) Minimum wage – 232,000 forints (690$) per month for unskilled labour and 296,400 forints (880$) per month for skilled labour Source: Government and the Central Statistical Office of Hungary – ksh.hu Read more about wages in Hungary here Hungary is located in central Europe and is landlocked. It borders Slovakia in the north, Ukraine in the north-east, Romania in the south-east, Serbia in the south, Croatia and Slovenia in the south-west, Austria in the north-west. |
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| INFORMATION ABOUT HUNGARY (2023)Â | |
| Population | 9.6 million |
| Average life expectancy | 76 years |
| Unemployment rate | 4.1% |
| Inflation | 25.4% |
| Area | 93 030 km² |
| Form of government | Dominant-party parliamentary republic |
| Income tax | 15% |
| Capital | Budapest |
| Currency | Forint |
| Official Language | Hungarian |
| Doing Business rank | 52 |
