As of April 2020, Western Transdanubia was the most heavily affected Hungarian region by the economic impact of the coronavirus (COVID-19), experiencing a 46 percent decrease in household solvency index compared to the first quarter of 2020. The significant decrease in household solvency index in the Transdanubian regions can be traced back to the importance of the automotive industry in the regions' economy, as the collapse of the global supply chain has led to numerous wage cuts, shutdowns and layoffs.
Effects of coronavirus (COVID-19) on household solvency index* in Hungary in 2020, by region
* The household solvency index shows the financial situation and financial security of households, based on indicators such as the level of income or the cost of living.
Figures are relative to the first quarter of 2020.
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Portfolio Hungary. (May 26, 2020). Effects of coronavirus (COVID-19) on household solvency index* in Hungary in 2020, by region [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1120129/hungary-effects-of-covid-19-on-the-regional-payment-index/
Portfolio Hungary. "Effects of coronavirus (COVID-19) on household solvency index* in Hungary in 2020, by region." Chart. May 26, 2020. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1120129/hungary-effects-of-covid-19-on-the-regional-payment-index/
Portfolio Hungary. (2020). Effects of coronavirus (COVID-19) on household solvency index* in Hungary in 2020, by region. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1120129/hungary-effects-of-covid-19-on-the-regional-payment-index/
Portfolio Hungary. "Effects of Coronavirus (Covid-19) on Household Solvency Index* in Hungary in 2020, by Region." Statista, Statista Inc., 26 May 2020, https://www.statista.com/statistics/1120129/hungary-effects-of-covid-19-on-the-regional-payment-index/
Portfolio Hungary, Effects of coronavirus (COVID-19) on household solvency index* in Hungary in 2020, by region Statista, https://www.statista.com/statistics/1120129/hungary-effects-of-covid-19-on-the-regional-payment-index/ (last visited November 18, 2024)
Effects of coronavirus (COVID-19) on household solvency index* in Hungary in 2020, by region [Graph], Portfolio Hungary, May 26, 2020. [Online]. Available: https://www.statista.com/statistics/1120129/hungary-effects-of-covid-19-on-the-regional-payment-index/
