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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Business start-up activity down in August

Business start-up activity picked up until May 2021, but declined between June and August compared to the high base a year earlier. (In the summer of 2020, following the first wave, there was a surge in business registrations.) The number of enterprises registered in August 2021 (10.1 thousand) was 6.8% lower than in August 2020. The decline was largely due to entrepreneurs (8.9%), who gave more than three quarters of new business start-ups. The number of business partnerships fell by 2.3%.

Further data, referring to 2020, are available broken down by settlements and districts

The dissemination database’s data groups for settlements and for Budapest districts were updated with further data, referring to 2020, so settlement- and district-level 2020 data on registered business units among others are available from 7 September.

More than 64 thousand people worked in service centres in Hungary in 2020

There were 238 service centres in Hungary in 2020. More than 64 thousand people have been employed by these businesses, the monthly gross average earning of full time employees reached 670 thousand HUF, being significantly higher than the national economy’s average. Most service centres (60) operated in the professional, scientific, engineering branches, followed by the information, communication and the manufacturing industry (39-39).

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.