Business units and non-profit organisations

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.

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The third wave of the pandemic has not set back the creation of new businesses

Compared to the low point of April 2020, which was caused by the pandemic, the willingness to start a business more than doubled in April this year, with 8.7% more (11.9 thousand) businesses registered than two years earlier. The increase remains more pronounced among business partnerships, with nearly four-tenths more of them created than in April 2019. Over the same period, the number of private entrepreneurs, who accounted for three quarters of new start-ups, rose very modestly.

Settlement and district related serial data for 2019 are already available

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.

Number of registered business units, 2019

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.