Hungary
Regional economic trends
Employment and unemployment rates in regions
In Hungary, regional disparities in unemployment rates are moderate compared to other OECD countries. While in Northern Hungary and Northern Great Plain 5.8% of the working force was unemployed in 2022Q2, the share was 1.6% in Pest and Central Transdanubia.
Meanwhile, the difference in employment rate between the regions with the highest (Pest) and lowest (Southern Transdanubia) employment rates reached 10 percentage points in 2022.
Note: Harmonised employment and unemployment rates, aged 15 and over. The OECD median corresponds to the median employment rate in large regions.
Source: OECD (2022), “Short-term regional statistics”, OECD Regional Statistics (database)
The first year of COVID-19 on GDP per capita
The first year of COVID-19 resulted in a decrease in GDP per capita in all Hungarian regions. Central Transdanubia, a region with a GDP per capita -9% below the national average (27 444 vs. 30 279 USD PPP), experienced the largest decrease in GDP among Hungarian regions, of approximately -6%.