Hungary Unemployment Rate stands at 4.70% as of August 2026, up from 4.30% a year earlier. The reading sits in the 33rd percentile of its history back to 1996.
| Latest (August 2026) | 4.70% |
| One year ago | 4.30% |
| 10-year range | 3.00% – 4.90% |
| All-time range | 3.00% (2019) – 11.40% (2013) |
| Standing | Highest since 2020 |
| Change over 12 months | +0.4 pts |
| Percentile vs. full history | 33rd |
| History | 1996–2026 (368 observations) |
The share of Hungary's labor force that is out of work and looking for a job. Unemployment is a lagging indicator on the way down but a powerful early signal on the way up: sustained increases from a cycle low have historically been among the most reliable markers of a downturn taking hold. Because labor data is published promptly and revised little, it anchors the growth pillar of most macro frameworks. Data: harmonized unemployment statistics via the OECD.
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<a href="https://www.tacticalassetallocation.com/charts/hungary-unemployment-rate/">Hungary Unemployment Rate — Cambria Chart Lab</a>
Data: download CSV (source: OECD key economic indicators).