K&H: a good third of young Hungarians are satisfied with their lives

By: Trademagazin Date: 2023. 11. 03. 11:54

The index reflecting the mood of Hungarian youth has now dropped from 20 points measured at the beginning of the decade to 11 points, although there has been little change in the past two years – the K&H youth index reveals. The average income of Hungarian youth aged 19-29 is HUF 193,000, which is essentially the same as in the previous quarter and exceeds HUF 181,000 in the first quarter and HUF 142,000 in the last three months of 2022.

In the third quarter of this year, the K&H youth index remained at 11 points, i.e. the same as the data measured in the second three months of the year. Between 2012 and 2020, the index ranged between 2-20 points, at the beginning of the current decade 18-20 points were typical, then levels below 15 points were typical – the financial institution announced the latest data of the survey, which has been completed every quarter since 2012.

38 percent of 19-29 year olds consider themselves more or less satisfied with their lives. Such a proportion declared that they were completely or rather satisfied than dissatisfied. Satisfaction is generally lower among inactive people, but in this quarter there was no difference between them and active – i.e. working – young people.