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Based on a survey, the average Hungarian is only satisfied with their financial conditions 5.5/10 and 6.5/10 with their life. Both pieces of data are much worse than the European average, and even Romanian citizens are more satisfied with their life.

European citizens ranked their satisfaction with their lives and their financial state on a 0-10 scale. 0 meant not satisfied at all while 10 stood for very satisfied. The EU average is 7.3, based on a new report of Eurostat, Penzcentrum reported.

This is 0.3 points higher than in 2013, but Europeans became more satisfied with their individual financial state, too, in the last 5 years, the report states. Regarding the latter factor, in 2018, the average European marked 6.5 points, which is 0.5 points higher than in 2013. Of course, the two numbers represent only the median, and

there are significant differences between countries.

Finns are the most satisfied with their lives and marked 8.1 on average on the scale in this regard. Western European countries are not far behind them with a number around 8. Meanwhile, in Hungary, this number is only 6.5, which is the fifth-worst result among other EU-member countries.

Behind Hungarians, there are only the Greeks, Lithuanians, Croats, and Bulgarians. For example, Romanians are much more satisfied with their lives than Hungarians. They have 7.3 points in this regard, which is the average of the EU.

Financial satisfaction is much lower even in Europe, as the average is 6.5. The country tendency is the same as previously (Northern and Western European states are more satisfied) while

Hungary has only 5.5 points, which is the 7th worst result.

Among our neighbours, only Croatia is behind Hungary while Romanians beat even the EU average in this regard. Furthermore, between Austria and Hungary, the difference is stunning.

Want to read more? We reported HERE that 44 out of 100 Hungarians describe their financial situation as comfortable. HERE you may find an article saying that the financial divide in Hungary is getting wider: the rich get richer and the poor get poorer. 


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