One In Five Hungarians Cannot Afford A Car
- 27 Nov 2018 7:54 AM
- Budapest Business Journal
According to research by Eurostat, the European Commissionʼs statistical agency, 20.1% of Hungarians cannot afford a car, making the country the third worst member state of the European Union in this regard, ahead of only Romania (29.8%) and Bulgaria (20.6%).
The EU average for citizens unable to afford a car is 7%.
Among Visegrád Four countries, the Hungarians trail the Czechs and the Poles clearly, with both countries performing exactly at the EU average, while only about 11% of Slovaks cannot afford a car.
The three EU countries that fare best in this regard are Malta (1.7%), Cyprus (1.7%), and Luxembourg (2.2%).
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