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TOOL · GROSS COST

How much would a basic income cost in Hungary?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 8,202,714child population 1,389,472year 2023World Bank WDI

GROSS ANNUAL COST

85,416 million

in HUFHUF 85,415,520,000

Equal to 0.1% of reference GDP

Population covered: 9,592,186 people

Adults: 8,202,714 × HUF 800 × 12 = HUF 78,746,054,400

Children: 1,389,472 × HUF 400 × 12 = HUF 6,669,465,600

HUF 78,746,054,400 + HUF 6,669,465,600 = HUF 85,415,520,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $213,029,511,029 · World Bank WDI

Currency HUF · exchange rate 353.0883 HUF/USD (2023)

Converted cost $241,909,777 for the GDP share.