Consumption expenditure on alcohol above EU average

Analysis

Photo by fongbeerredhot/Shutterstock.com

In 2019, households in Hungary spent 2.9% of their total consumption expenditure on alcoholic beverages, according to data published by statistical agency Eurostat.

In the EU as a whole, this rate stood at 1.6% of total consumption expenditure, corresponding to roughly EUR 117 billion. The data does not include alcoholic beverages purchased in restaurants and hotels.

Chart by Eurostat

The share of total consumption expenditure spent on alcoholic beverages was the highest in the three Baltic States: Latvia (4.8%), Estonia (4.7%), and Lithuania (3.7%).

The Hungarian rate, which fell 0.1 percentage points compared to 2018, was the joint-fifth highest among member states. 

At the other end of the spectrum, the figure stood below 1% in Greece and Italy (each 0.9%).

Hungary Needs Locally-produced Sustainable Energy Green Energy

Hungary Needs Locally-produced Sustainable Energy

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Home Rental Rates in Hungary Rise 11.7% in March Residential

Home Rental Rates in Hungary Rise 11.7% in March

Chresten Bruun Wins Expat CEO of the Year Award Awards

Chresten Bruun Wins Expat CEO of the Year Award

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.