The Hungarian prostitution market reached 326.5 million EUR last year, which is 114.6 billion HUF. That means 0.5 pc of the altogether spending of the Hungarians. If we calculate with the 9.9 million Hungarians currently living in the country, from the babies to the elderly, everybody spent 33 EUR in 2020 on prostitutes.
According to penzcentrum.hu, there are only a few countries in Europe having any data on how much money their citizens spend on prostitution. Hungary is among them. Based on the latest statistics of the Eurostat, Hungarian households spent 0.5 pc of their expenditures on prostitutes. And those expenditures include everything from housing to utilities, from food to fuel and health to education.
This 0.5 pc is only higher in Luxembourg, where the households spend one pc of their expenditures on this service.
Interestingly, there are only a few countries publishing how much money their citizens spend on prostitutes. However, there are many sharing data about how much people spend on prostitution and other services like cosmetics, massage, or nail parlour.
In this respect, Bosnia and Herzegovina (4.8 pc) is the unquestionable gold medalist, followed by Luxembourg (4.3 pc) and Belgium (2.6 pc). Then comes Lithuania (2.4 pc) and Italy (2.2 pc). Hungary (0.9 pc) is “only” in the last third of the list between Austria (1.1 pc) and Sweden (0.8 pc) – nlc.hu said.
the impact of the coronavirus epidemic on the prostitution market, too.
They did not find a significant decrease in Europe. However, in Hungary, the citizens spent 0.8 pc of their household expenditures on prostitutes in 2019. That fell to 0.5 pc by 2020.
In 2019, citizens spent 600.1 million EUR on prostitution, which decreased to 326.5 million EUR by 2020.
The Hungarian business website added that these were only the official statistics regarding the sector. Since much of this “business” is done in the grey and black zone, it is almost impossible to calculate the exact amount of money changing hands in the sector.
Source: penzcentrum.hu, nlc.hu