Hungarian self-employment rate slightly below EU average in 2005
Hungary's rate of self-employment in the non-financial business sector was 14.6% in 2005, compared to the European Union average of 16%, according to a Eurostat news release published on Thursday.
Among Hungarian men, 17.1% of those working in the non-financial business sector were self-employed in 2005, compared to an EU average of 18.7%. Among Hungarian women, 10.5% were self-employed during that year, compared to an EU average of 10.8%.
The construction industry accounted for the highest rate of self-employment by sector at 25%. The European Commission statistical office's news release also contained data from 2003 regarding employment by the size of enterprise in the 25 EU member states. According to these statistics, 35.9% of the Hungarians working in the non-financial business sector were engaged at micro-enterprises employing 9 or fewer people in 2003, compared to an EU average of 29.8%. The number of Hungarians employed at SMEs with 10-250 workers and large enterprises with more than 250 workers were all below the EU average in 2003. In all member states for which data are available, large enterprises employing more than 250 generated a larger share of added value than jobs. The gap was largest in Poland (22 percentage points), Hungary (19 pp - with these companies having 29.2% of the employment and 48.2% of value added generated by non-financial businesses) and Portugal (16 pp).
Â
ADVERTISEMENT
Freight Volume Falls 13%Â in Q1
Parl't Approves Amendments to Legislation on Judiciary
The Social Aspect of ESG is Now Inescapable
Tourism Nights Slightly up in April 2023
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.
