Hungary Hungary

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Hungary, is a country located at Eastern Europe, it has an area of 93,030 Km2.

Hungary, with a population of 9,730,772 people, it is ranked at 93º position by population of 196 countries and has a population density of 105 people per km2.

It's capital is Budapest and its currency is Hungarian forints

Hungary is holding the 53 position by nominal GDP. Its national debt in 2021 was 114,885 millions of euros (135,874 millions of dollars), ( 76.8% debt-to-GDP ratio) and its public debt per capita is €11,806 euros per inhabitant$13,963 dollars per inhabitant.

The last annual rate of CPI published in Hungary was on April of 2022 and it was 9.5%.

In terms of the human development index (HDI) of Hungary, which is the index used by the United Nations to measure the progress of a country, was 0.854 points in 2019, leaving it in 40th place in the table of 189 countries published.

If the reason to visit Hungary are business, you must know it's in the 53th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Hungary, if you want to see information about other countries click here

Budapest: Monthly Temp.
Budapest: Monthly Rainfall
Hungary Economy
Gouvernement
Qu. GDP Per Capita [+]2021Q44,100K
Annual GDP [+]2021€154,124M
Annual GDP [+]2021$184,577M
GDP per capita [+]2021€15,870
GDP per capita [+]2021$18,968
Quarterly GDP [+]2021Q4€39,895M
Debt (M.€.) [+]2021114,885
Debt ($M) [+]2021135,874
Debt (%GDP) [+]202176.80%
Debt Per Capita [+]2021€11,806
Debt Per Capita [+]2021$13,963
Deficit (M.€) [+]2021-10,440
Deficit ($M) [+]2021-12,348
Deficit (%GDP) [+]2021-6.80%
Expenditure (M.€) [+]202173,854.2
Expenditure ($M) [+]202187,347.4
Education Expenditure (M.€) [+]20186,296.5
Education Expenditure ($M) [+]20187,430.9
Education Expenditure (%Bud.) [+]201810.08%
Gov. Health Exp. (M.€) [+]20196,338.5
Gov. Health Exp.($M) [+]20197,095.3
Gov. Health Exp. (%Bud.) [+]201710.08%
Defence Expenditure (M.€) [+]20202,427.1
Defence Expenditure ($M) [+]20202,782.1
Defence Expenditure (%Bud.) [+]20203.44%
Expenditure (%GDP) [+]202147.90%
Expenditure Per Capita [+]2021€7,590
Expenditure Per Capita [+]2021$8,976
Education Expenditure P.C [+]2018€644
Education Expenditure P.C [+]2018$760
Gov. Health Exp. P.C. [+]2019€649
Gov. Health Exp. P.C. [+]2019$726
Defence Expenditure P.C. [+]2020€249
Defence Expenditure P.C. [+]2020$256
Moody's Rating [+]09/24/2021Baa2
S&P Rating [+]02/15/2019BBB
Fitch Rating [+]02/14/2020BBB
Corruption Index [+]202143
Competitiveness Ranking [+]201947º
Fragile States Index [+]201850.2
RTI Raking [+]09/28/201862º
Innovation Ranking [+]201833º
Labour
Unemployment Rate [+]March 20223.2%
Unemployment rate [+]2021Q43.7%
Unemployed [+]2021Q4180K
NMW [+]2022$714.8
NMW [+]2022€541.7
Average Wage [+]2021$17,815
Average Wage [+]2021€15,063
Human Capital Ranking [+]201739º
Markets
Euro / Hungarian forints [+]05/16/2022385.8500
US Dollar exchange rate [+]01/18/2019279.8000
Stock ExchangeYTD % [+]05/13/2022-18.66%
Prices
CPI (overall index) [+]April 20229.5%
HICP [+]March 20228.6%
PPI Year on Year [+]March 202239.7%
Money Market
Key rates [+]04/27/20225.40%
Business
Doing Business [+]201953º
IPI Year on Year [+]March 20224.2%
Passengers vehicles Year [+]March 2022118,368
Annual Vehicles/ 1,000 p. [+]March 202214.95
Motor vehicle production [+]2020406,497
Vehicles / 1,000 people [+]2020464.07
Taxes
Tax Revenue (%GDP) [+]202036.2%
Standard VAT [+]01/01/201227.00%
Top tax rate + SSC [+]202033.5%
Trade
Annual arrivals [+]201916,937,000
Exports [+]2021€119,985.4M
Exports [+]2020$120,364.6M
Exports % GDP [+]202177.85%
Imports [+]2021€120,100.6M
Imports [+]2020$115,479.6M
Imports % GDP [+]202177.92%
Trade balance [+]2021€-115.2M
Trade balance [+]2020$4,885.0M
Trade balance % GDP [+]2021-0.07%
Retail Sales YoY [+]March 202216.2%
Socio-Demography
Global AgeWatch Ranking [+]201539º
Density [+]2020105
Global Peace Ranking [+]202119º
Crude divorce rate [+]20201.50‰
Remittance received ($M) [+]20174,692.2
% Immigrant [+]20195.24%
% Emigrant [+]20196.47%
Birth Rate [+]20209.60‰
Remittance sent ($M) [+]20171,093.1
Crude death rate [+]202014.50‰
Fertility Rate [+]20201.59
Crude marriage rate [+]20206.90‰
% risk of poverty [+]202012.3%
Population [+]20209,730,772
Immigrant stock [+]2019512,043
Emigrant stock [+]2019632,126
HDI [+]20190.854
Gender Gap Ranking [+]2020105º
Life expectancy [+]202174.50
Suicides [+]20191,550
Suicide rate [+]201915.79
Number of homicides [+]201964
Rate Homicides per 100.000 [+]20190.66
Energy and Environment
CO2 Tons per capita [+]20205.14
Annual crude oil production [+]202118
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202041,533
Generation GWh [+]202032,994
Others
COVID-19 - Deaths [+]05/15/202246,343
COVID-19 - Confirmed [+]05/15/20221,909,948
Fully vaccinated [+]05/10/20226,194,102
COVID-19 - Deaths per million population [+]05/15/20224,762.52
Doses administered [+]05/10/202216,530,488