Hungarians’ Consumption Lowest in EU, Based on Purchasing Power Parity

  • 19 Dec 2024 9:30 AM
  • Hungary Around the Clock
Hungarians’ Consumption Lowest in EU, Based on Purchasing Power Parity
The actual individual consumption of the Hungarian population, calculated at purchasing power parity, was 70% of the EU average in 2023, the lowest in the EU, alongside Bulgaria Eurostat reported.

In 2022, Hungary’s per capita consumption stood at 71%, compared to 69% for Bulgaria.

Hungary’s level of consumption stood at 64% of the EU average in 2011, ahead of Bulgaria, Romania, Latvia, Croatia and Estonia.

Full report available here

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

Related links

Retail Spending in Hungary Only 70% of Euro Average

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

  • Advent Fair in Újbuda, Budapest, Until 23 December

    Advent Fair in Újbuda, Budapest, Until 23 December

    • 11 Dec 2025 3:40 PM

    The festive spirit is officially back in Újbuda! Until December 23, the much-anticipated Újbuda Advent Fair is back, and set up shop on Kőrösy József Street, right along the bustling promenade next to the Allee shopping center.

  • Christmas Markets in Budapest Now Open

    Christmas Markets in Budapest Now Open

    • 11 Dec 2025 7:24 AM

    Budapest’s Christmas markets opened on November 14, signaling the start of the city’s festive season. Since then Vörösmarty tér and the area around St. Stephen’s Basilica become lively hubs of holiday activity, with sparkling lights, the aroma of mulled wine, and the sounds of carols filling the air.

  • Retail Sales up in Hungary

    Retail Sales up in Hungary

    • 5 Dec 2025 9:32 AM

    Retail sales in Hungary rose 3.1pc year-on-year in October, data released by the Central Statistics Office (KSH) on Thursday show. Retail sales also rose 3.1pc when adjusted for calendar year effects.