# Compensation of employees per hour worked in Budapest

Compensation of employees per hour worked in Budapest was €11.94 in 2023 (estimated). Source: Invokely.

- Indicator id: `compensation_per_hour_worked_eur`
- Place id: `hu-nuts-hu11`
- Unit: EUR
- Definition: Wages, salaries and employers' social contributions divided by the hours actually worked by employees, in euros per hour, for the place where people work (Eurostat regional accounts).
- Note: A labour cost measure, higher than take-home pay because it includes employers' social contributions. Price levels differ between countries.
- Source: Invokely, Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw) (https://invokely.ai/docs/methodology#compensation_per_hour_worked_eur)
- Retrieved: 2026-10-12
- License: CC BY 4.0, inheriting the terms of each input source
- Citation: Invokely calculation from Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw). https://invokely.ai/docs/methodology#compensation_per_hour_worked_eur. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/compensation-per-hour-worked/budapest-hu11
- API: https://invokely.ai/api/v1/series?indicator=compensation_per_hour_worked_eur&place=hu-nuts-hu11

| Period | EUR |
|---|---:|
| 2023 | 11.94 (estimated) |
| 2022 | 10.11 |
| 2021 | 9.5 |
| 2020 | 9.11 |
| 2019 | 9.17 |
| 2018 | 8.57 |
| 2017 | 8.16 |
| 2016 | 7.54 |
| 2015 | 7.38 |
| 2014 | 7.42 |
| 2013 | 7.83 |
| 2012 | 8.12 |
| 2011 | 8.06 |
| 2010 | 7.87 |
| 2009 | 7.57 |
| 2008 | 8.62 |
| 2007 | 8.08 |
| 2006 | 7.12 |
| 2005 | 7.13 |
| 2004 | 6.46 |
| 2003 | 5.73 |
| 2002 | 5.4 |
| 2001 | 4.72 |
| 2000 | 3.83 |