Demographics of Budapest - Population Growth

Population Growth

The Capital city of Budapest was established on 17 November 1873 with the unification of three separate towns, named Buda, Óbuda and Pest. In 1720 Buda and Óbuda had 9,600 residents, while Pest was a small town with only 2,600 inhabitants. In the 18th and 19th century Pest became the natural commercial, transportation, industrial and cultural center of Hungary, Buda and Óbuda remained small towns. The population of Pest reached 50,000 in the 1820s, 100,000 in the 1840s and 200,000 in the 1860s. At the time of the unification Buda and Óbuda had 69,543 inhabitants, Pest was home to 227,294 people. The first modern Hungarian census was held in 1869-70, when the Hungarian Central Statistical Office enumerated 302,085 people at the present-territory of Budapest. Between the unification and the World War I Greater Budapest quadrupled its population, got a new global city upon the Danube. At that time Budapest was one of the fastest-growing city in Europe, triggered by industrialisation and high natural growth rate and fertility of rural ethnic Hungarians. Internal migration peaked in the 1960s with near 250,000 people in correlate to post World War II baby boom and forced collectivization. The city became extremely overcrowded, the central government also noticed the problem so limited getting apartment in 1965, preventing overpopulation, housing shortage and the collapse of public works. Suburbanization started after fall of the Communism, the number of inhabitants dropped to 1.7 million, while garden housing development is still decisive in the suburbs. Reurbanisation and gentrification getting on since the mid-2000s (decade).