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 94º 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 58 position by nominal GDP. Its national debt in 2020 was 105,548 millions of euros (120,557 millions of dollars), ( 80.4% debt-to-GDP ratio) and its public debt per capita is 10,847€ euros per inhabitant12,389$ dollars per inhabitant.

The last annual rate of CPI published in Hungary was on February of 2021 and it was 3.1%.

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 [+]2021Q23,914€
Annual GDP [+]2020135,925M.€
Annual GDP [+]2020154,562M.$
GDP per capita [+]202013,940€
GDP per capita [+]202015,884$
Quarterly GDP [+]2021Q238,091M.€
Debt (M.€.) [+]2020105,548
Debt (M.$.) [+]2020120,557
Debt (%GDP) [+]202080.40%
Debt Per Capita [+]202010,847€
Debt Per Capita [+]202012,389$
Deficit (M.€) [+]2020-11,017
Deficit (M.$) [+]2020-12,583
Deficit (%GDP) [+]2020-8.10%
Expenditure (M.€) [+]202070,162.0
Expenditure (M.$) [+]202080,139.0
Education Expenditure (M.€) [+]20165,470.6
Education Expenditure (M.$) [+]20166,052.0
Education Expenditure (%Bud.) [+]201610.07%
Gov. Health Exp. (M.€) [+]20196,338.5
Gov. Health Exp.(M.$) [+]20197,095.3
Gov. Health Exp. (%Bud.) [+]201710.08%
Defence Expenditure (M.€) [+]20191,783.5
Defence Expenditure (M.$) [+]20191,995.6
Defence Expenditure (%Bud.) [+]20192.63%
Expenditure (%GDP) [+]202051.60%
Expenditure Per Capita [+]20207,210€
Expenditure Per Capita [+]20208,236$
Education Expenditure P.C [+]2016557€
Education Expenditure P.C [+]2016616$
Gov. Health Exp. P.C. [+]2019649€
Gov. Health Exp. P.C. [+]2019726$
Defence Expenditure P.C. [+]2019183€
Defence Expenditure P.C. [+]2019204$
Moody's Rating [+]09/25/2020Baa3
S&P Rating [+]02/15/2019BBB
Fitch Rating [+]02/14/2020BBB
Corruption Index [+]202044
Competitiveness Ranking [+]201947º
Fragile States Index [+]201850.2
RTI Raking [+]09/28/201862º
Innovation Ranking [+]201833º
Labour
Unemployment Rate [+]July 20214.3%
Unemployment rate [+]2021Q24.1%
Unemployed [+]2021Q2198 m.
NMW [+]2021598.3 $
NMW [+]2021476.0 €
Average Wage [+]202014,268€
Average Wage [+]201511,353$
Human Capital Ranking [+]201739º
Markets
Euro / Hungarian forints [+]09/24/2021356.9900
US Dollar exchange rate [+]01/18/2019279.8000
Stock ExchangeYTD % [+]09/23/202123.37%
Prices
CPI (overall index) [+]February 20213.1%
HICP [+]August 20214.9%
PPI Year on Year [+]July 202118.0%
Money Market
Key rates [+]09/22/20211.65%
Business
Doing Business [+]201953º
IPI Year on Year [+]July 202110.2%
Passengers vehicles Year [+]April 2021131,885
Annual Vehicles/ 1,000 p. [+]April 202116.36
Motor vehicle production [+]2020406,497
Vehicles / 1,000 people [+]2015377.52
Taxes
Standard VAT [+]01/01/201227.00%
Top tax rate + SSC [+]202033.5%
Trade
Annual arrivals [+]201916,937,000
Exports [+]2020105,475.7 M.€
Exports [+]2020120,364.6 M.$
Exports % GDP [+]202077.60%
Imports [+]2020100,995.9 M.€
Imports [+]2020115,479.6 M.$
Imports % GDP [+]202074.30%
Trade balance [+]20204,479.8 M.€
Trade balance [+]20204,885.0 M.$
Trade balance % GDP [+]20203.30%
Retail Sales YoY [+]July 20211.2%
Socio-Demography
Global AgeWatch Ranking [+]201539º
Density [+]2020105
Global Peace Ranking [+]202119º
Crude divorce rate [+]20191.80‰
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 [+]20191.55
Crude marriage rate [+]20196.70‰
% 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 [+]202075.70
Suicides [+]20191,550
Suicide rate [+]201915.90
Number of homicides [+]201964
Rate Homicides per 100.000 [+]20190.66
Energy and Environment
CO2 Tons per capita [+]20195.51
Annual crude oil production [+]202016
Crude Oil Reserves [+]202112.1
Consumption GWh [+]201941,621
Generation GWh [+]201932,413
Others
COVID-19 - Deaths [+]09/23/202130,145
COVID-19 - Confirmed [+]09/23/2021819,547
Fully vaccinated [+]09/24/20215,615,273
COVID-19 - Deaths per million population [+]09/23/20213,097.90
Doses administered [+]09/24/20219,249,943