How much money do Hungarians working abroad send home in a year?

English2021. máj. 20.Péter Harsányi

In 2019, Hungarian employees working abroad sent home more than 158 billion forints. The highest amount, about 65 billion, was transferred from Germany to Hungary. Due to the double-digit wage growth in the three years before the coronavirus, our migration surplus and the number of returnees have been accelerating since 2017. As a result of the Covid pandemic, 16,000 of our compatriots working abroad lost their jobs.

Since 1995, Hungarians living and working abroad have been sending more and more money home – növekedés.hu learned from the Central Statistical Office (KSH). The trend has accelerated since the 2008 global financial crisis. 

While in 2008 HUF 10.3 billion was sent home by Hungarian people working in other countries, by 2019 this amount had grown to HUF 158.3 billion. 

Money sent home by employees working abroad, HUF billion

Source: KSH, növekedés.hu

As for individual countries, Hungarians sent home the most money from Germany: in 2019, the amount came close to HUF 65 billion.

Austria was second, while the UK finished third. The higher remittances arriving from Germany can be explained, among other things, by the greater weight of higher value-added work. 

Foreign remittances to Hungary by country, 2019, HUF billion

Source: KSH, növekedés.hu

Number of Hungarians working abroad 

The number of Hungarians working abroad is the highest in Austria, with more than 50,000 workers last year. More than 26,000 Hungarians had jobs in Germany and 5,000 in the United Kingdom. In 2020, a total of nearly 100,000 Hungarian citizens were working abroad. 

This is 16,000 less than in 2019, which is mainly due to the coronavirus epidemic and its negative impact on the economy and health. 

Number of Hungarians working abroad by destination country

 

Austria

Germany

United Kingdom

Other countries

Total

2004

7 830

4 684

978

6 997

20 489

2005

7 864

5 235

1 437

6 955

21 492

2006

10 123

6 013

1 875

6 688

24 698

2007

11 054

5 800

2 132

6 316

25 302

2008

11 513

7 553

3 978

10 283

33 327

2009

14 135

10 021

5 934

10 247

40 336

2010

17 463

11 347

7 662

13 062

49 534

2011

22 889

13 682

8 200

16 602

61 373

2012

29 820

23 771

8 931

17 867

80 389

2013

44 759

28 630

8 293

15 778

97 459

2014

44 102

29 723

6 503

19 412

99 741

2015

52 684

31 328

9 309

17 787

111 108

2016

51 545

33 882

10 769

20 190

116 387

2017

49 300

32 924

10 721

16 661

109 606

2018

50 155

32 268

5 431

16 826

104 681

2019

56 543

33 272

6 220

20 058

116 094

2020

50 612

26 411

4 800

18 061

99 884

Source: KSH, növekedés.hu

 

Gender differences 

Men are apparently more open to working abroad. The number of male employees working abroad was nearly three times as high in 2020 and 2019 as that of female employees. 

Number of Hungarian men and women working abroad

   

Men

Women

Total

2017

83 240

26 365

109 606

2018

77 343

27 338

104 681

2019

86 157

29 936

116 094

2020

75 092

24 792

99 884

Source: KSH, növekedés.hu

 

International migration 

In 2016, net emigration stopped after a long time, while from 2017 our immigration surplus was growing at a faster rate. More and more people returned to Hungary, which is due, among other things, to the extensive and rapid growth of the economy and dynamic wage growth.

During 2017, 2018 and 2019, average wages grew at a rate of more than 10 percent per year in Hungary. This was accompanied by an average inflation rate of around 3 percent, which 

resulted in an extremely fast real wage increase. The rising standard of living in Hungary has convinced more and more Hungarians abroad to return to Hungary. 

International migration of Hungarian citizens

Source: KSH, növekedés.hu

 

How many people commute to work abroad? 

Data on employees commuting to work abroad are available from the census conducted by KSH in 2011. 

In that year, there were more than 27,000 Hungarian employees who commuted to work abroad while retaining their residence in Hungary. 

There can be many reasons for commuting, but most common of all is the difference in wages. The majority of commuters took up work in Austria. Apart from that, commuting to Slovakia and Romania can be considered significant, although the motives are different in the case of those countries. 

Most of those commuting abroad were under the age of 44, with secondary education, mainly vocational qualifications. Commuting was most common in the hospitality and catering sectors, and in the industry.


Number of Hungarian commuters by age, 2011

Age group

Total

 

Austria

Romania

Slovakia

15–29

5 227

4 481

240

425

30–34

5 261

4 426

246

480

35–39

5 216

4 389

290

407

40–44

4 119

3 445

276

306

45–49

2 720

2 186

147

290

50–54

2 338

1 841

162

233

55–59

1 793

1 428

121

165

60–69

427

281

37

70

70–

27

11

4

9

Total

27 128

22 488

1 523

2 385


Number of commuters by highest level of education, 2011

Highest level of education

Total

 

Austria

Romania

Slovakia

Primary school (< 8 grades)

64

45

9

6

Primary school (8 grades)

1 880

1 566

100

165

Secondary school without maturity, with vocational certificate

11 962

10 888

338

587

Secondary school with maturity

9 241

7 665

520

827

University or college degree

3 981

2 324

556

800

Total

27 128

22 488

1 523

2 385


Number of commuters by economic activity, 2011

Economic activity

Total

 

Austria

Romania

Slovakia

Agriculture, forestry, fishing

1 917

1 772

52

55

Industry

4 706

3 906

308

360

Construction

3 898

3 501

144

202

Commerce, vehicle repair

2 366

1 696

260

337

Transportation, storage

2 264

1 779

164

249

Hospitality and catering

4 841

4 625

64

122

Information, communication

344

  156

33

127

Finance, insurance

252

  129

29

80

Real estate

81

    45

13

20

Science, engineering

545

  301

78

109

Office administration 

660

550

30

67

Public administration, defence, compulsory social insurance

284

110

42

82

Education

453

209

76

122

Healthcare, social services

1 012

825

55

104

Arts, entertainment, leisure

325

226

42

41

Other services

667

512

55

76

Household work, production and service for own use 

842

767

34

33

Other

1 671

1 379

44

199

Total

27 128

22 488

1 523

2 385

Source: KSH, növekedés.hu