Unemployment rate in Hungary

Hungarian Central Statistical Office · Monthly · Importance

IMF forecast (WEO): 2026: 4.2% 2027: 4.0% 2028: 3.9% 2029: 3.8% 2030: 3.8% 2031: 3.8%

4.7% (Aug-26) ABS · % · Monthly · CSV

Period	%
Aug 2026	4.7%
Jul 2026	4.5%
Jun 2026	4.4%
May 2026	4.3%
Apr 2026	4.5%
Mar 2026	4.5%
Feb 2026	4.8%
Jan 2026	4.6%
Dec 2025	4.4%
Nov 2025	4.4%
Oct 2025	4.4%
Sep 2025	4.5%
Aug 2025	4.4%
Jul 2025	4.3%
Jun 2025	4.3%
May 2025	4.3%
Apr 2025	4.4%
Mar 2025	4.3%
Feb 2025	4.5%
Jan 2025	4.4%
Dec 2024	4.3%
Nov 2024	4.5%
Oct 2024	4.5%
Sep 2024	4.5%
Aug 2024	4.2%
Jul 2024	4.2%
Jun 2024	4.2%
May 2024	4.3%
Apr 2024	4.4%
Mar 2024	4.4%
Feb 2024	4.6%
Jan 2024	4.5%

Period	pp
Aug 2026	0.2

Period	pp
Aug 2026	0.3

About this indicator

Source

Hungarian Central Statistical Office

Frequency

Monthly

Release

About one month after the reference period (monthly or quarterly depending on the country).

What it is

Hungary's unemployment rate is the share of jobless people as a percentage of the total labour force. It is the main gauge of the state of the Hungarian labour market and of the economy's capacity to create jobs.

How it's calculated

It is derived from the Labour Force Survey run by the Hungarian Central Statistical Office (KSH) on a large sample of households, following ILO and Eurostat criteria. A person is counted as unemployed if they are jobless, available for work and actively seeking it.

Market implications

Its path reveals the momentum of the economy and the strength of the labour market. A tight labour market supports consumption and household income and is a key variable for the National Bank of Hungary (MNB) and the forint.

Limitations

It is worth telling whether the rate moves because of labour demand or shifts in the labour force. Survey data are subject to sampling error and revisions, and the headline rate misses underemployment and discouraged workers who stop searching.