Hungary unemployment rate


Hungary unemployment rate: 4.6 (4.55%)
Last Update: January 31, 2024

Hungary unemployment rate closed down 4.6 as of January 31, 2024 from 4.4 from the previous month and 4 from last year.


Hungary unemployment rate Analytics & Data




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Hungary unemployment rate

Date Values
2024-01-31 4.6
2023-12-31 4.4
2023-11-30 4.3
2023-10-31 4.3
2023-09-30 4.1
2023-08-31 4.1
2023-07-31 4
2023-06-30 3.9
2023-05-31 3.9
2023-04-30 4
2023-03-31 4.1
2023-02-28 4.1
2023-01-31 4
2022-12-31 3.9
2022-11-30 3.8
2022-10-31 3.6
2022-09-30 3.7
2022-08-31 3.4
2022-07-31 3.3
2022-06-30 3.2


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Hungary unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate hu.unemploymentrate 4.6 4.4 5 15 UP UP 74 2024-01-31

Hungary unemployment rate Factors

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What is the Hungary unemployment rate

Hungary Unemployment Rate

Welcome to our webpage showcasing the current and historical data, trends, and analysis for the unemployment rate in Hungary. Understanding the unemployment rate is crucial for policymakers, economists, businesses, and individuals alike, as it provides valuable insights into the health of the labor market and overall economic conditions.

What is the Unemployment Rate? The unemployment rate represents the percentage of the total labor force that is actively seeking employment but currently without a job. It is a commonly used economic indicator to measure the level of unemployment within a country.

Interpreting the Unemployment Rate: The unemployment rate is a vital metric for assessing the health of an economy. A low unemployment rate typically indicates a strong and vibrant labor market, suggesting that job opportunities are readily available. Conversely, a high unemployment rate can signal economic downturns or structural issues within the labor market, such as skill mismatch or lack of job opportunities.

On our webpage, you will find current and historical data for the unemployment rate in Hungary, presented in easy-to-understand charts and analytics. By analyzing these trends and signals, users can gain insights into the long-term performance of the labor market, identify cyclical patterns, and make informed decisions.

Additionally, we offer the option to export historical data for free, enabling users to conduct their own in-depth analysis or integrate it into their research. This allows for further examination of unemployment patterns alongside other economic variables, providing a comprehensive understanding of Hungary's labor market dynamics.

Furthermore, our platform also offers MacroVar signals, trends, and analysis. MacroVar harnesses the power of artificial intelligence to provide accurate macroeconomic forecasts, helping users anticipate future economic trends and make proactive decisions based on solid data.

In summary, our webpage provides a comprehensive resource for understanding and analyzing the unemployment rate in Hungary. Through current and historical data, trends, analytics, and charts, users can develop valuable insights into the labor market's performance, make more informed decisions, and stay ahead of economic trends.

Hungary Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Budapest SE BUX 58432.3 1 1 1.34676 63.2455 -0.00133 0.02197 0.02026 0.28894
Hungarian Forint US Dollar (HUF/USD) HUFUSD 359.62 -1 0.75 0.73196 44.0965 -0.00857 -0.00775 -0.0215 -0.09611
Hungary 10-Year Bond Yield HU.10Y 7.37 -0.5 -0.25 -0.72764 43.5045 -0.02384 -0.0478 -0.02899 -0.26812
Hungary 5-Year Bond Yield HU.5Y 7.27 -1 -1 -2.03132 27.525 -0.01357 -0.06675 -0.07506 -0.24663
Hungary 1-year bond yield HU.1Y 9.43 -1 -1 -2.23573 14.23 0 -0.63 -9.59 -4.46
Hungary Yield Curve HU.YC -0.59 -0.5 1 2.34297 59.4226 0.43902 0.86709 -0.58451 -0.86474
Hungary Yield Curve HU.YC -0.59 -0.5 1 2.46514 59.3994 0.43902 0.86709 -0.58451 -0.91285
Hungary Credit Default Swaps CDS.Hungary 160 -1 -1 -1.01303 27.1131 0 -0.01235 -0.04478 -0.03614
Hungary Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade hu.balanceoftrade 1300 664.54 96 -276 UP UP 10 2023-09-30
bank lending rate hu.banks.lendingrate 17.5 18.5 -5 43 Down UP 45 2023-07-31
banks balance sheet hu.banks.bs 80063.8 75397.5 6 4 UP UP 13 2024-01-31
building permits hu.buildingpermits 605 822 -26 -1 Down Down 68 2024-01-31
business confidence hu.bizconfidence -8.6 -8 7 34 Down Down 92 2024-02-29
capital flows hu.capitalflows -401.3 418.4 -196 -135 UP Down 32 2023-09-30
car registrations hu.carregistrations 10735 8040 34 10 UP UP 85 2024-02-29
cash reserve ratio hu.cashreserveratio 10 5 100 900 UP UP 100 2021-12-31
central bank balance sheet hu.cb.assets 29238.8 27194.5 8 4 UP UP 16 2023-12-31
consumer confidence hu.consconfidence -28.1 -19 48 -46 UP UP 19 2024-02-29
consumer price index cpi hu.cpi 1942.4 1929.8 1 6 UP UP 57 2023-12-31
core inflation rate hu.coreinflationrate 6.1 7.6 -20 -76 Down Down 2 2024-01-31
current account hu.currentaccount 410.34 703.86 -42 81 UP UP 78 2023-09-30
current account to gdp hu.currentaccountgdp -8.1 -4.2 93 -2800 Down Down 0 2022-01-31
deposit interest rate hu.depositrate 12.5 12.5 0 22 UP UP 77 2023-07-25
exports hu.exports 12756.1 11294 13 -5 UP Down 27 2023-09-30
external debt hu.externaldebt 162715 168307 -3 49 UP UP 87 2023-09-30
fiscal expenditure hu.fiscalexp 4411.52 3267.34 35 13 UP UP 48 2024-02-29
foreign direct investment hu.fdi 2590.1 123.1 2004 280 UP UP 93 2023-09-30
foreign exchange reserves hu.fxreserves 46401.3 46568.3 -0 17 UP UP 82 2024-02-29
gdp hu.gdp 178.79 181.85 -2 36 UP UP 0 2022-12-31
Real GDP hu.realgdp 11559800 11249200 3 9 UP UP 59 2023-12-31
gdp growth hu.gdpgrowth 0 0.8 -100 -100 Down Down 36 2023-12-31
gdp growth annual hu.gdpgrowthan -0.4 -2.4 -83 -87 Down UP 33 2023-12-31
gold reserves hu.goldres 94.49 31.51 200 2968 UP UP 100 2020-12-31
government budget hu.govbudget -6.1 -6.8 -10 36 Down Down 0 2022-01-31
Government budget hu.govbudgetvalue 54.4 -219 -125 -138 UP UP 17 2024-01-31
government debt hu.govdebt 52929.6 50865.2 4 14 UP UP 66 2024-01-31
government debt to gdp hu.govdebtgdp 73.9 76.7 -4 -8 Down Down 0 2023-01-31
government revenues hu.govrev 2653.08 3321.79 -20 5 Down UP 28 2024-02-29
housing index hu.housingindex 266.88 267.8 -0 53 UP UP 0 2023-06-30
imports hu.imports 11493.3 10629.4 8 -19 Down Down 24 2023-09-30
industrial production hu.indproduction -13.7 -5.8 136 -785 Down Down 8 2023-12-31
industrial production mom hu.indproductionmm -1.1 -0.3 267 -79 Down UP 0 2024-01-31
inflation cpi hu.inflationcpi 3.8 5.5 -31 -85 Down Down 2 2024-01-31
interbank rate hu.interbankrate 14.06 14.1 0 -2 Down Down 62 2023-08-15
interest rate hu.interestrate 15 16 -6 28 UP UP 57 2023-07-25
loans to private sector hu.loanprivate 12585.7 12553.4 0 4 UP UP 9 2023-12-31
long term unemployment rate hu.ltunemploymentrate 1.5 1.4 7 0 UP Down 53 2020-12-31
Manufacturing PMI hu.manpmi 52.18 50.13 4 -8 UP Down 26 2024-02-29
money supply m0 hu.msm0 19064.1 18603.8 2 9 UP UP 33 2024-02-29
money supply m1 hu.msm1 30710.6 32325.6 -5 -5 Down Down 19 2024-01-31
money supply m2 hu.msm2 40393.9 40820.1 -1 -0 UP Down 16 2024-01-31
money supply m3 hu.msm3 41890 42358.9 -1 2 UP UP 14 2024-01-31
Producer Price Index hu.producerprices 139.3 139 0 -28 Down Down 2 2024-01-31
PPI Index hu.producerpricesch -2.5 -2.3 9 -106 Down Down 2 2023-09-30
retail sales MoM hu.retailsales 0 1.4 -100 -100 UP Down 38 2023-09-30
retail sales hu.retailsalesan 0.6 -0.2 -400 -113 UP UP 52 2024-01-31
unemployment rate hu.unemploymentrate 4.6 4.4 5 15 UP UP 74 2024-01-31
youth unemployment rate hu.ytunemploymentrate 13.5 12.1 12 24 UP UP 81 2023-10-31
Construction Confidence hu.esi.constr -21.7 -21.4 100 4100 Down Down 8500 2024-01-22
Consumer Confidence hu.esi.cons -29.8 -31.2 -400 -3700 UP UP 3100 2024-01-22
Industrial Confidence hu.esi.man -8.1 -11 -2600 -1800 Down UP 0 2024-01-22
Retail Confidence hu.esi.ret -14.5 -12.2 1900 -300 Down UP 0 2024-01-22
Services Confidence hu.esi.serv -10 -11.6 -1400 -5200 UP UP 0 2024-01-22
ESI - Economic Composite hu.esi.conf 91.8 96.7 -5 -9 Down Down 40 2023-06-30