The economic prosperity index reflects company executives' assessment of the economic situation and their future expectations. Over the observed months, the corporate prosperity index in Hungary peaked in January 2020 and the lowest value was recorded in October 2022 at -26.1 index points.
Corporate prosperity index in Hungary from January 2020 to October 2024
The source adds the following information: "The task of the prosperity research conducted by the Századvég Economic Research Institute is to provide decision makers and analysts with information about the current and expected processes of the economy in the near future. Our institute has been compiling corporate and household prosperity indices on a monthly basis since August 2019. In our monthly survey, we ask 1,000 company executives and 1,000 adult residents about their assessment of the economic situation and their expectations thereof. Regarding the two groups, we ask 29 and 28 questions, respectively, which cover a wide range of economic life. Of the responses, positive ones (e.g., expected improvement in the economic situation) receive positive scores, while negative ones (expected decline in employment) receive negative scores. Then, by averaging the scores and converting them to a scale between -100 and +100, the prosperity indices are obtained. Thus, the higher the value of the prosperity indices, the more favourable the processes in the economy are for households and companies. In addition, regarding both household and corporate surveys, we also prepare 4 sub-indices for each by using some of the questions, which illustrate the development of economic well-being in an area. "
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Századvég Alapítvány. (November 8, 2024). Corporate prosperity index in Hungary from January 2020 to October 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1274519/hungary-corporate-prosperity-index/
Századvég Alapítvány. "Corporate prosperity index in Hungary from January 2020 to October 2024." Chart. November 8, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1274519/hungary-corporate-prosperity-index/
Századvég Alapítvány. (2024). Corporate prosperity index in Hungary from January 2020 to October 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1274519/hungary-corporate-prosperity-index/
Századvég Alapítvány. "Corporate Prosperity Index in Hungary from January 2020 to October 2024." Statista, Statista Inc., 8 Nov 2024, https://www.statista.com/statistics/1274519/hungary-corporate-prosperity-index/
Századvég Alapítvány, Corporate prosperity index in Hungary from January 2020 to October 2024 Statista, https://www.statista.com/statistics/1274519/hungary-corporate-prosperity-index/ (last visited November 22, 2024)
Corporate prosperity index in Hungary from January 2020 to October 2024 [Graph], Századvég Alapítvány, November 8, 2024. [Online]. Available: https://www.statista.com/statistics/1274519/hungary-corporate-prosperity-index/