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Hungary Private Sector
Small private enterprises have multiplied rapidly since
1982,
when the government eased legal restrictions. But in 1989,
the
private sector as a whole still made up only a small
portion of
the economy. The government's tally of persons who
reported
private economic activity as their primary occupation
showed that
the private sector accounted for only 5.1 percent of
active
earners in 1986. The private sector did, however, account
for
13.7 percent of the active earners involved in
construction, 16.5
percent of those in transport, and 12.6 percent of those
in
personal- or economic-service businesses. In 1986 Hungary
had
150,664 private crafts people, up from 86,303 in 1970 and
111,960
in 1981. Just under 52 percent of the crafts people plied
their
trade as their principal occupation, about 12 percent were
pensioners, and 36 percent were employed full time in
other
fields.
As officially defined, the private sector's
contribution to
net material product rose from only 2.6 percent in 1970 to
3.5
percent in 1980 and 7 percent in 1986. Although the
private
sector's portion of industrial production only increased
from 1
percent in 1970 to 1.8 percent in 1986, its share of the
construction industry more than doubled from 6.3 percent
in 1970
to 14.5 percent in 1986.
Data as of September 1989
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