HUNGARY

Hungary

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.

INFORMATION ABOUT HUNGARY (2023) 
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
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