Population of Budapest rapidly aging

Food

There are 152 elderly persons for every 100 youths in the Hungarian capital, and 23% of households live in retirement, according to the annual publication of the Central Statistical Office (KSH) on Budapest data, reports Népszava.

In the last three years, the population of Budapest has practically remained unchanged, with about 3-4,000 people coming and going plus or minus, according to the survey, with a total of 1,752,300 people living in the capital last year. 

Some 49% of the 803,000 households in Budapest are active, 42% are employed, and 7% are entrepreneurs. The proportion of older people first exceeded that of children in the capital in 2005, and by 2018 it had already exceeded 152%, which is much higher than the national average of 132.9%, which means that the population of Budapest is rapidly aging, says Népszava.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Special Effects Expands Portfolio With Acquisition of Creati... Deals

Special Effects Expands Portfolio With Acquisition of Creati...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.