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’.

  • Top 5 Farmers' Markets in Hungary

    Top 5 Farmers' Markets in Hungary

    • 30 Jun 2025 11:32 AM

    For expats craving a taste of authentic Hungarian produce and a break from city life, Hungary’s farmers’ markets are a must-visit. Picture yourself strolling through stalls overflowing with fresh veggies, artisanal cheeses, and quirky local treats, all while soaking up the lively buzz of locals chatting and laughing.

  • Diego Reopens Largest Shop-in-Shop Store in Budapest

    Diego Reopens Largest Shop-in-Shop Store in Budapest

    • 25 Jun 2025 7:54 AM

    Home décor and flooring retailer Diego has reopened its largest shop-in-shop location inside the Tesco hypermarket in Budapest’s Zugló district, the company tells the Budapest Business Journal.

  • E-Commerce Leaders in Hungary Revealed

    E-Commerce Leaders in Hungary Revealed

    • 24 Jun 2025 10:56 AM

    The combined gross turnover of the 15 largest online retailers in Hungary reached Ft 463.1 billion in 2024, a 12.4% rise on the previous year, according to PwC Hungary’s Digital Commerce Outlook.

  • TEMU Dwarfs Sales Volume of Biggest E-Commerce Operators in Hungary

    TEMU Dwarfs Sales Volume of Biggest E-Commerce Operators in Hungary

    • 20 Jun 2025 3:30 PM

    Chinese e-commerce business TEMU filled around 9 million orders in Hungary in 2024, level with the order volume of the top ten online retailers with a local presence, a report by PwC Magyarorszag prepared in partnership with Mastercard Magyarorszag shows.

Enjoy more

shopping CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.

Newsletter

get in & enjoy more!

XpatLoop’s newsletter contains a hand-picked selection of fresh news, special invitations, events, movies, and more.

I understand & accept the Privacy Policy