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 9,689,010 people, it is ranked at 95º position by population of 196 countries and has a population density of 104 people per km2.

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

Hungary is holding the 56 position by nominal GDP. Its national debt in 2021 was 114,715 millions of euros (139,916 millions of dollars), ( 76.8% debt-to-GDP ratio) and its public debt per capita is €11,840 euros per inhabitant$14,441 dollars per inhabitant.

The last annual rate of CPI published in Hungary was on December of 2022 and it was 24.5%.

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 0.846 points in 2021, leaving it in 46th place in the table of 191 countries published.

If the reason to visit Hungary are business, you must know it's in the 52th 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 [+]2022Q34,410K
Annual GDP [+]2021€153,759M
Annual GDP [+]2021$182,281M
GDP per capita [+]2021€15,840
GDP per capita [+]2021$18,732
Quarterly GDP [+]2022Q3€42,727M
Debt (M.€.) [+]2021114,715
Debt ($M) [+]2021139,916
Debt (%GDP) [+]202176.80%
Debt Per Capita [+]2021€11,840
Debt Per Capita [+]2021$14,441
Deficit (M.€) [+]2021-10,984
Deficit ($M) [+]2021-12,347
Deficit (%GDP) [+]2021-7.10%
Expenditure (M.€) [+]202174,447.5
Expenditure ($M) [+]202187,346.4
Education Expenditure (M.€) [+]20186,295.7
Education Expenditure ($M) [+]20187,430.9
Education Expenditure (%Bud.) [+]201810.08%
Gov. Health Exp. (M.€) [+]20218,172.5
Gov. Health Exp.($M) [+]20197,095.3
Gov. Health Exp. (%Bud.) [+]201710.08%
Defence Expenditure (M.€) [+]20202,427.1
Defence Expenditure ($M) [+]20202,798.8
Defence Expenditure (%Bud.) [+]20203.44%
Expenditure (%GDP) [+]202148.40%
Expenditure Per Capita [+]2021€7,684
Expenditure Per Capita [+]2021$9,015
Education Expenditure P.C [+]2018€644
Education Expenditure P.C [+]2018$760
Gov. Health Exp. P.C. [+]2021€840
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 [+]01/27/2023BBB-
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 [+]November 20224.1%
Unemployment rate [+]2022Q33.6%
Unemployed [+]2022Q3178K
NMW [+]2022$714.8
NMW [+]2022€541.7
Average Wage [+]2021$17,918
Average Wage [+]2021€15,150
Human Capital Ranking [+]201739º
Markets
Euro / Hungarian forints [+]01/30/2023390.5300
US Dollar exchange rate [+]01/18/2019279.8000
Stock ExchangeYTD % [+]12/30/20230%
Prices
CPI (overall index) [+]December 202224.5%
HICP [+]December 202225.0%
PPI Year on Year [+]November 202263.5%
Money Market
Key rates [+]09/28/202213.00%
Business
Doing Business [+]202052º
IPI Year on Year [+]November 20220.8%
Passengers vehicles Year [+]December 2022111,536
Annual Vehicles/ 1,000 p. [+]December 202213.99
Motor vehicle production [+]2020406,497
Vehicles / 1,000 people [+]2020464.07
Taxes
Tax Revenue (%GDP) [+]202133.8%
Standard VAT [+]01/01/201227.00%
Top tax rate + SSC [+]202133.5%
Trade
Annual arrivals [+]201916,937,000
Exports [+]2021€119,912.1M
Exports [+]2021$141,727.4M
Exports % GDP [+]202177.99%
Imports [+]2021€120,925.5M
Imports [+]2021$141,918.9M
Imports % GDP [+]202178.65%
Trade balance [+]2021€-1,013.4M
Trade balance [+]2021$-191.5M
Trade balance % GDP [+]2021-0.66%
Retail Sales YoY [+]November 20220.7%
Socio-Demography
Global AgeWatch Ranking [+]201539º
Density [+]2021104
Global Peace Ranking [+]202213º
Crude divorce rate [+]20201.50‰
Remittance received ($M) [+]20174,692.2
% Immigrant [+]20195.24%
% Emigrant [+]20196.47%
Birth Rate [+]20219.70‰
Remittance sent ($M) [+]20171,093.1
Crude death rate [+]202116.10‰
Fertility Rate [+]20201.59
Crude marriage rate [+]20206.90‰
% risk of poverty [+]202112.7%
Population [+]20219,689,010
Immigrant stock [+]2019512,043
Emigrant stock [+]2019632,126
HDI [+]20210.846
Gender Gap Ranking [+]202288º
Life expectancy [+]202174.50
Suicides [+]20201,705
Suicide rate [+]202017.52
Number of homicides [+]202080
Rate Homicides per 100.000 [+]20200.83
Energy and Environment
CO2 Tons per capita [+]20215.29
Annual crude oil production [+]202118
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202143,914
Generation GWh [+]202134,191
Others
COVID-19 - Deaths [+]01/29/202348,658
COVID-19 - Confirmed [+]01/29/20232,191,827
Fully vaccinated [+]12/27/20226,207,249
COVID-19 - Deaths per million population [+]01/29/20235,021.98
Doses administered [+]12/04/202216,701,238