Welcome to your guide to the Hungary job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Hungary.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 9,660,351 residents |
| Employment rate | 58.7% |
| Unemployment rate | 4.1%Low unemployment – employers often compete for skilled staff. |
With an unemployment rate of 4.1%, Hungary has a tight labor market. Skilled professionals are usually in demand.
Living & working in Hungary: salaries and cost of living
Before relocating or applying for jobs in Hungary, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 1,043 USD | 23% of the U.S. averagesignificantly lower |
| Purchasing power | 53.6 | weaker (U.S. = 100) |
With a purchasing power index of 53.6, the average monthly salary of 1,043 USD supports a budget-conscious lifestyle in Hungary. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in HU
| Leading industry | Agriculture |
| Growth sector | Manufacturing |
| Service sector | Services |
| Major employers | MOL Group, OTP Bank, Richter Gedeon |
Job seekers will usually find the most openings in Agriculture, while Manufacturing offers growth potential.
Open jobs in Hungary
Working in Hungary – FAQ
What's the employment situation in Hungary?
Hungary has a population of about 9,660,351. The employment rate is 58.7%. The unemployment rate currently stands at 4.1%.
Which are the top companies in Hungary?
Large employers in Hungary include MOL Group, OTP Bank, Richter Gedeon.
How far does a salary go in Hungary?
The purchasing power index for Hungary is 53.6 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Hungary?
Cityjobs currently lists 1 open position in Hungary. Employers post directly, and you apply with the employer.
Which industries matter most in Hungary?
Agriculture is the leading industry, while Manufacturing is an important growth sector, alongside Services.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
