HU · 2024 · tesem170
Nominal unit labour cost growth
Hungary, 2024
Nominal unit labour cost growth
12.0
Hungary, 2024
▼ 28.6% vs 2023 (16.8)
Analysis
In 2024, Hungary's nominal unit labour cost growth decreased by 28.6% compared to 2023, reaching 12.0.
Hungary accounts for 240.0% of the EU-27 total of 5.00.
Hungary ranks 2nd out of 27 EU member states with reported data — in the top half of the distribution.
Over the past five years, the indicator has grown by 135.3% (from 5.10 in 2019).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2024
#2 of 27
% of EU-27 total · 2024
240.0%
EU-27: 5.00
Hungary timeline (last 15 years)
2009 2025
Source:
Eurostat · tesem170