A business unit is a profit-oriented or function-oriented entity set up as the organisational framework of management, which produces goods or provides services to market participants and the society. Data on business units and non-profit organisations are available from registers or after processing statistical and tax data. Register data and business demographic data make it possible to analyse the structure of registered organisations and active enterprises, respectively, by number, activity, headcount and revenue, and to identify new and closed enterprises. Economic indicators for enterprises and non-profit organisations provide information on performance and activity characteristics. The purpose of foreign affiliates statistics (FATS) is to measure which countries control the economy of the different countries, and in which industries and to what extent they do so.
Change in the number of registered enterprises
Change in the period-end number of enterprises in administrative records compared to the same date of the previous year.
The characteristic beginning-of-the-year boom in enterprises’ founding was quite subdued this January, the number of new enterprises (13.4 thousand) surpassed the previous year’s number by only 0.4%. However the stock of the newly registered corporate enterprises continued to grow dynamically, by 23%, mostly the private limited liability companies and the limited companies. At the same time the number of private entrepreneurs, representing three quarters of the new registrations lagged behind the previous year’s January data by 5.6%.
Data related on settlements and districts of Budapest in the Dissemination database are updated twice this year, as such part of the 2019 serial settlement and district data, among others about registered business units are available from 31 July, four months earlier than it was customary before.
The end of 2019 saw almost 2 million HCSO registered businesses in Hungary, an increase in number, including more entrepreneurs and fewer business partnerships. Most businesses continued to operate in agriculture, trade, transportation, accommodation, scientific, technical, administrative, and real estate activities. A disproportionately large number of businesses were headquartered in Budapest compared to the size of its population.