Income and consumption

Tens of thousands of data of the approximately 500 tables, graphs and maps offer an overview of Hungary’s demographic, social and economic processes, its environmental specifics and their timely changes. Unemployment in the 15–74 age group decreased year-on-year, being 3.6% in 2022. We amass this year commercial, private and other accommodation establishments in one unit, a novelty approach of our publication, providing a better picture about tourist traffic. Tourism nights at accommodation establishments were 39 million 821 thousand in 2022.

The GDP volume lagged behind the same period of the previous year’s level by 1.7% in the 1st semester of 2023. Final consumption and gross accumulation both contributed to this trend, while the balance of the external trade significantly improved. Following the January inflation peak the growth rate of consumer prices lessened, consequently the decrease of real wages was more subdued, too. At the same time the setback in external trade turnover, typical for most EU countries, gradually slowed down during the 2nd quarter.

Our publication, also highlighting the main effects of the pandemic, gives an overview of the social and economic trends in Hungary in 2020, including a 5% drop in GDP, putting us in the middle of the EU ranking, taking into use 28,000 new homes, the highest number since 2009, a nearly threefold increase in the share of people working remotely or from home as compared to the average for the past 10 years, a 42% increase in the value of mail order and internet retailing, and fewer accidents on the roads.