1. Illicit Trade Value: Hungary $4.6 Billion

Hungary Crime Statistics

Latest news and statistics about crime in Hungary. Information about the black market in Hungary is collected from international organizations, government publications and news reports.

An anti-trafficking organization reported that three out of four prostitutes working in the red light district of Amsterdam were from economically distressed communities. Not-for-Sale stated at a conference on women’s rights that 75 percent of the women came from poor communities in Bulgaria, Hungary and Romania.

Source:  Belinda Goldsmith, “Younger girls forced into prostitution in economic crisis: conference,” Reuters, December 5, 2012.

The counterfeit goods market in Hungary is estimated to cause $4.6 Billion (3 Billion Euros) in economic losses every year, according to the Hungarian Patient Office.

Source: “Counterfeit and Pirated Goods Make Third of Hungary’s Black Market,” Petosevic, December 21, 2010. 

Money laundering in Hungary is estimated to be worth $15 Billion a year, according to the National Tax and Custom Office.

Source: “Hungary money laundering estimated $15 bln a year,” Budapest Business Journal, May 16, 2011.

Cigarette smuggling in Hungary lead to 6 percent of all cigarettes sales to take place on the black market to avoid taxes in 2010.

Source: “Hungary black market for cigarettes shrinks as crackdown continues,” Budapest Business Journal, December 15, 2010.

Prostitution and the illegal drug trade in Hungary was worth an estimated $1.9 Billion in 2005.

Source:  Zoltan Simon, “Hungary Sizes Up Prostitution, Drugs, Boosting GDP,” Bloomberg, September 30, 2009.

Below are losses to selected countries in Europe from counterfeit pesticides.

Country

Losses

Czech Republic

4.19 Million

Germany

39.4 Million

Greece

13.3 Million

Hungary

6.6 Million

Poland

22.9 Million

Spain

103 Million

Source: “Counterfeit Pesticides Across Europe-2008,” European Crop Protection Association, August 2008.