Hungary is the 2nd best country to go on parental leave!
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Compare the Market analysed where the best is to be a parent in 38 OECD countries.
Here are their top findings:
- Family benefits and paid parental leave across 38 countries have been compared in the latest research by Compare the Market to reveal the best places to be a parent.
- Denmark has the best monetary family benefits, with 3.41% of its GDP dedicated to financial support for parents.
- Estonia leads the way in paid parental leave with 20 weeks of fully compensated paid maternity leave, with an additional 62 weeks (at full compensation) of leave available for one parent.
If it truly ‘takes a village to raise a child’ you’re best off living in Scandinavia or Eastern Europe according to new research by Compare the Market revealing the best countries to be a parent. The comparison website ranked the 38 OECD countries and found Demark and Sweden offered the most generous financial support, while
Estonia and Hungary had the longest paid parental leave programmes.
In terms of benefits, Denmark had the best package, dedicating 3.41% of its GDP to financial support for families.
Many Danish families receive up to two forms of child financial assistance from the time of birth, up to the time when the child turns 18. Single parents are also able to apply for a further child allowance to help with costs. Sweden follows closely behind Denmark, with family benefits public spending coming to 3.40% of the country’s GDP. Swedish parents receive a monthly child allowance from the government, split evenly if there are two parents/guardians until the child is 16 years of age, when the child becomes more financially independent.
Luxembourg was the only non-Scandinavian country to make the top three regarding the best monetary family benefits, with 3.30% of its public spending dedicated to family benefits. In Luxembourg, citizens who have children are entitled to a family allowance, which is intended to help cover the costs of education as well as some living expenses. This allowance runs until either the child finishes schooling or turns 25.
Non-permanent residents who have a child in Luxembourg are also entitled to receive the allowance, with the caveat that the amount will vary according to the policy of their country of residence.
I had parental leave in both Denmark and Hungary. This article is pure manipulation. Hungary support for families is only about stopping mothers to come back to work after giving birth. The paternity leave is a bad joke, the quality of kindergartners is sad, the family subsidies are insufficient, the work-life balance is an unrealistic dream.
Families in Hungary are having less kids than other European countries, and young couples are moving abroad to start a family.
It’s a very sad story to see that Hungary is losing population and qualified workers move abroad because the government is not really caring about families.
And to be honest, we might also move abroad after April 3rd. I am not an oligarch, and I don’t want my kids to live in a dictatorship. So, why would I wish this future to my kids?
you should try it in Portugal too, it’s awesome.. -.-
Why Romania isn’t on the list?