There were fewer capitalists and the real value of capital income also decreased in 2023

By: Trademagazin Date: 2025. 01. 15. 12:13

According to NAV data, in 2023 the number of people with capital income decreased from 375 thousand to 356 thousand, about 5 percent. The amount of declared net capital income was 2,650 billion forints, which is a 13% increase compared to 2022. However, this amount decreased in real terms when adjusted for 17.5% inflation, so it can be said that not only labor, but also capital income showed a real decrease in 2023. The average net capital income per capita was thus approx. 7.4 million forints, while per inhabitant this ratio is 267 thousand forints.

By settlement type, the capital had the highest net capital income per capita with 10.8 million forints. In county seats and cities with county rights, the net capital income of a capitalist was 6.7 million forints, in cities 5 million forints, while in large communities and villages 4.6 million forints. The proportion of capitalists within the population was also highest in Budapest with 5.3%, followed by cities with county rights (4.1%), cities (3.3%), and then villages (2.4%). 35% of the total net capital income is concentrated in Budapest, although only 25% of those with total capital income live in the capital. County seats and settlements with county rights also have 22% in the ratio of capitalists and capital income. The share of cities in the number of capitalists is 31%, while in capital income it is only 25%.

Capital income per capita was highest in Pest County (17%), so together with Budapest, 51% of capital income was concentrated in the Central Hungary region. Győr-Moson-Sopron County came in second (4.8%), closely followed by Fejér (4.6%) and Bács-Kiskun (4.4%) counties. The county with the lowest share in 2023 was also Nógrád (0.6%), ahead of Békés (1.5) and Tolna (1.6%) counties.

The highest net capital income per capita was generated in Felcsút with 16.5 million forints, followed by Vaskeresztes (11 million forints) in second place, followed by Mezőnagymihály (8.3 million forints) in third place, with an income “only” half that of Felcsút. In Budapest, District XII is at the top of the list with 2.5 million forints, followed by District II (2 million forints) and District V (1.5 million forints). There are 135 settlements in the country where not a single forint of capital income was generated.