A growing part of Hungarian GDP is produced in Budapest, but the capital has not yet returned to the level from which it fell after 2010. Using data from the statistical office, we analyze how much the capital’s situation changed during the time. of István Tarlós as mayor.

Just over a third of Hungary’s GDP is produced in Budapest, according to the Budapest Statistical Yearbook of the Central Statistical Office. The really big increase in the formation of the economic basin was between 2000 and 2010, whether we analyze how much of the country’s economic performance belongs to the capital or how much GDP per capita compares to the national average. Between 2010 and 2015 a decrease in the proportions was measured, after which there was some improvement, but the 2010 level has not yet been reached (here 2018 is the last number published by the CSO). And if we compare it with the EU average, more precisely with the average of the current 27 Member States, we see that after a great development between 2000 and 2010, there has been a stagnation for almost a decade.

However, while the capital’s population declined by 26,000 between 2000 and 2010, so many moved into 2015 that the population returned to the 2000 level (in fact, exactly 198 above). Since then, the decline has been close to 9,000, so on December 31, 2019, the population of Budapest was 1,750,216. Natural weight loss has been stable for years, but the direction of migration within the country has been reversed: while in 2010 almost 15,000 more people moved to Budapest than to the countryside, in 2019 5,700 people left the capital. who came. another part of the country. However, Budapest became more and more popular with foreigners: from 84,000 in 2010 to 91,000, the number of foreigners living there increased.

A total of 924,664 homes were assigned to 1.75 million in Budapest on January 1, 2020, 33,000 more than ten years earlier. Most of the flats are two-room, except for Óbuda and Kispest, where the 3-room flats are mostly, and in the 16th century. and XVII. district, where most of the four or multi-bedroom properties are located, obviously family houses.

Renters live in 17.4 percent of their homes, more than double the national average of 8.1. There were 41,530 municipal flats in the city at that time, of which more than 40,000 were in the maintenance of districts, the majority in Angyalföld, Józsefváros and Óbuda, the smallest number, only 45 in Soroksár.

6,186 homes were built in Budapest in 2010 and 5,838 in 2019. The big decline occurred in 2012-2013, with as few homes in the country as those last built during the First World War. In the capital, however, the recovery started a little earlier, there was still a low point in 2012, while at the national level it was in 2013. At the beginning of the decade, 29 percent of new homes were in Budapest and in the end only 27 percent.

It is not surprising that more than half of the residents of Budapest use gas and that almost one sixth of the apartments in the city use district heating. Above 6 percent, it is still the proportion of homes that are heated with coal, wood, or whatever else is in there.

Most of the new floors were by far in Angyalföld in 2019, but many new floors were made in Ferencváros, Józsefváros and Kőbánya. Of course, this not only shows which are the most popular places in the city, it is obvious that in the densely urbanized downtown districts you cannot build as many new properties.

Of the 1.75 million in Budapest, 1.1 million worked in 2019, which at the end of 2019, in the last months before the crisis, represented an employment rate of 74 percent, slightly higher than the national average for the 70.4 percent. In 2010, this proportion was 61.4 percent in Budapest and 54.9 percent nationwide.

Just over a third of them work for large companies with more than 250 employees. Most of them make their living from trade, administrative work or simply logistics, but in 1982 there are people in the capital who are dedicated to agriculture.

While at the national level the average monthly income per capita was 167 thousand HUF, this amount in Budapest was 220 thousand HUF. Per capita income from employment is almost HUF 37,000 higher in the capital than the national average, and in Budapest there are fewer unemployment and social benefits to be paid. However, the scissors closed a bit: per capita net monthly income increased by 66 percent in Budapest between 2010 and 2019, while by 73 percent in villages, 72 percent in small towns and only 61 percent in county capitals.

Regarding work: in the current data series, income per taxpayer per taxpayer is also taken into account (that is, children and retirees are not included here), so the average is just below the 300,000 HUF. There are no big surprises in the breakdown of the district: people from Buda and people from central Pest earn the most, those from Soroksár and Józsefváros the worst.

Most of this money is spent on food and drink. On average, 28,000 HUF per month is spent on housing-related expenses (including utilities), while a little more than one and a half times a monthly BKK pass is spent on transport per person.



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