Growth of purchasing power in Hungarian settlements between 2012 and 2019
During the estimates, we used the corresponding data series of the NAV and the KSH (net earnings, pensions, entrepreneurial income, municipal benefits, etc.). In 2019, the purchasing power per capita in Hungary was almost 1.7 million forints. However, there were large differences between villages, towns, county towns, and districts. In Budapest, the purchasing power per capita was nearly 2.1 million HUF ie 24 percent higher than the national average. Within the capital, the 12th district leads with 3.4 million HUF, fiollowed by the 2nd district with 3.3 million HUF, while at the end of the line we can find the 8th district with 1.4 million HUF.
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >Related news
Irrigation water resources equivalent to one-third of Lake Balaton are available
Despite the extraordinary drought and lack of precipitation, we can…
Read more >Free irrigation water provided to farmers is a key element in the fight against drought
Free irrigation water provided to farmers is a key element…
Read more >Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >