In 2024, Hungary’s population totaled 9.6 million. The number of inhabitants residing in Budapest decreased over the past years, measuring at 1.69 million as of January 1, 2024. The population of other towns and villages also showed a slight decrease in recent years.
Permanent internal migration increases
The number of people permanently changing their place of residence within the country has increased in Hungary lately. Permanent internal migration peaked in 2021 at more than 307,000 individuals, while, in 2010, this figure stood at approximately 202,000. In 2023, the number of Hungarians migrating internally totaled 221,000.
Budapest real estate market
In addition to the country’s decreasing population, real estate prices in Budapest also contribute to the declining number of Hungarians living in the capital. As of April 2024, the lowest average monthly rental prices were recorded in districts XXIII and XVIII, at approximately 190,000 forints. By comparison, the highest rental prices were recorded in district V at 380,000 forints.
Population in Hungary from 2012 to 2024, by type of settlement
(in millions)
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Hungarian Central Statistical Office. (June 28, 2024). Population in Hungary from 2012 to 2024, by type of settlement (in millions) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1094508/population-in-hungary-by-type-of-settlement/
Hungarian Central Statistical Office. "Population in Hungary from 2012 to 2024, by type of settlement (in millions)." Chart. June 28, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1094508/population-in-hungary-by-type-of-settlement/
Hungarian Central Statistical Office. (2024). Population in Hungary from 2012 to 2024, by type of settlement (in millions). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1094508/population-in-hungary-by-type-of-settlement/
Hungarian Central Statistical Office. "Population in Hungary from 2012 to 2024, by Type of Settlement (in Millions)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1094508/population-in-hungary-by-type-of-settlement/
Hungarian Central Statistical Office, Population in Hungary from 2012 to 2024, by type of settlement (in millions) Statista, https://www.statista.com/statistics/1094508/population-in-hungary-by-type-of-settlement/ (last visited December 21, 2024)
Population in Hungary from 2012 to 2024, by type of settlement (in millions) [Graph], Hungarian Central Statistical Office, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1094508/population-in-hungary-by-type-of-settlement/