Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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48 February, 2021 Hungary Total Workforce (000s) Q4 '20 4,679 Unemployed Workers (000s) 197 Unemployment Rate 4.2% Youth Unemployment Rate 11.6% 1,793 5,421 1,861 85 413 86 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 2,487 2,487 2,457 2,431 2,476 3.3% 3.2% 3.6% 4.4% 4.3% 2,034 2,032 2,008 1,978 2,008 3.7% 3.5% 3.9% 4.9% 4.7% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 66.5% 66.4% 65.9% 65.7% 66.8% 48.9% 48.8% 48.4% 48.2% 48.8% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate 6.1% of the population is foreign born. 714K Hungarians have emigrated. 71% of the population live in urban areas. In 2019, the unemployment rate for foreign born workers was 0.8 percentage points lower when compared with local born workers. All migrants have been granted free access for treatment of Covid-19. More than 15K Covid-19 deaths. Only citizens and residents may enter Hungary. A partial lockdown is in place and most non- essential shops are closed. Secondary schools have been closed since November. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html http://www.oecd.org/coronavirus/policy-responses/managing-international-migration-under-covid-19-6e914d57/ http://www.ksh.hu/docs/hun/xstadat/xstadat_evkozi/e_qlf033.html

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