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

Hungary, with a population of 9,584,627 people, it is ranked at 97º position by population of 196 countries and has a population density of 103 people per km2.

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

Hungary is holding the 57 position by nominal GDP. Its national debt in 2023 was 144,049 millions of euros (156,061 millions of dollars), ( 73.4% debt-to-GDP ratio) and its public debt per capita is €15,029 euros per inhabitant$16,282 dollars per inhabitant.

The last annual rate of CPI published in Hungary was on November of 2024 and it was 3.7%.

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 [+]2024Q35,405K
Annual GDP [+]2023€196,639M
Annual GDP [+]2023$212,657M
GDP per capita [+]2023€20,500
GDP per capita [+]2023$22,132
Quarterly GDP [+]2024Q3€51,808M
Debt (M.€.) [+]2023144,049
Debt ($M) [+]2023156,061
Debt (%GDP) [+]202373.40%
Debt Per Capita [+]2023€15,029
Debt Per Capita [+]2023$16,282
Deficit (M.€) [+]2023-13,186
Deficit ($M) [+]2023-14,218
Deficit (%GDP) [+]2023-6.70%
Expenditure (M.€) [+]202397,280.3
Expenditure ($M) [+]2023104,350.8
Education Expenditure (M.€) [+]20217,763.6
Education Expenditure ($M) [+]20218,530.1
Education Expenditure (%Bud.) [+]202110.36%
Gov. Health Exp. (M.€) [+]20238,930,096,655.8
Gov. Health Exp.($M) [+]20219,709.0
Gov. Health Exp. (%Bud.) [+]202111.02%
Defence Expenditure (M.€) [+]20222,580.0
Defence Expenditure ($M) [+]20222,709.4
Defence Expenditure (%Bud.) [+]20223.30%
Expenditure (%GDP) [+]202349.50%
Expenditure Per Capita [+]2023€10,150
Expenditure Per Capita [+]2023$10,887
Education Expenditure P.C [+]2021€806
Education Expenditure P.C [+]2021$938
Gov. Health Exp. P.C. [+]2023€930
Gov. Health Exp. P.C. [+]2021$998
Defence Expenditure P.C. [+]2022€269
Defence Expenditure P.C. [+]2022$280
Moody's Rating [+]11/29/2024Baa2
S&P Rating [+]01/27/2023BBB-
Fitch Rating [+]02/14/2020BBB
Corruption Index [+]202242
Competitiveness Ranking [+]201947º
Fragile States Index [+]201850.2
RTI Raking [+]202265º
Innovation Ranking [+]201833º
Labour
Unemployment Rate [+]November 20244.5%
Unemployment rate [+]2024Q34.6%
Unemployed [+]2024Q3225K
NMW [+]2024$953.5
NMW [+]2024€686.2
Average Wage [+]2023$20,253
Average Wage [+]2023€18,730
Human Capital Ranking [+]201739º
Markets
Euro / Hungarian forints [+]01/08/2025416.2500
US Dollar exchange rate [+]01/18/2019279.8000
Stock ExchangeYTD % [+]12/30/20250%
Prices
CPI (overall index) [+]November 20243.7%
HICP [+]November 20243.9%
PPI Year on Year [+]April 2024-5.0%
Money Market
Key rates [+]09/25/20246.50%
Business
Doing Business [+]202052º
IPI Year on Year [+]April 2024-2.3%
Passengers vehicles Year [+]December 2022111,536
Annual Vehicles/ 1,000 p. [+]December 202214.12
Motor vehicle production [+]2022441,729
Vehicles / 1,000 people [+]2021482.06
Taxes
Tax Revenue (%GDP) [+]202334.9%
Standard VAT [+]01/01/201227.00%
Top tax rate + SSC [+]202233.5%
Trade
Annual arrivals [+]201916,937,000
Exports [+]2023€149,234.0M
Exports [+]2023$160,954.8M
Exports % GDP [+]202375.89%
Imports [+]2023€144,700.3M
Imports [+]2023$155,966.3M
Imports % GDP [+]202373.59%
Trade balance [+]2023€4,533.7M
Trade balance [+]2023$4,988.5M
Trade balance % GDP [+]20232.31%
Retail Sales YoY [+]December 2023-10.1%
Socio-Demography
Global AgeWatch Ranking [+]201539º
Density [+]2023103
Global Peace Ranking [+]202318º
Crude divorce rate [+]20221.80‰
Remittance received ($M) [+]20174,692.2
% Immigrant [+]20206.06%
% Emigrant [+]20207.40%
Birth Rate [+]20239.10‰
Remittance sent ($M) [+]20171,093.1
Crude death rate [+]202313.40‰
Fertility Rate [+]20221.56
Crude marriage rate [+]20226.60‰
% risk of poverty [+]202313.1%
Population [+]20239,584,627
Immigrant stock [+]2020584,567
Emigrant stock [+]2020714,420
HDI [+]20210.846
Gender Gap Ranking [+]202399º
Life expectancy [+]202376.90
Suicides [+]20221,647
Suicide rate [+]202217.10
Number of homicides [+]202375
Rate Homicides per 100.000 [+]20230.77
Energy and Environment
CO2 Tons per capita [+]20224.95
Annual crude oil production [+]202319
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202243,186
Generation GWh [+]202233,837
Others
COVID-19 - Deaths [+]08/04/202449,053
COVID-19 - Confirmed [+]08/04/20242,230,800
Fully vaccinated [+]12/27/20226,207,249
COVID-19 - Deaths per million population [+]08/04/20245,117.88
Doses administered [+]12/04/202216,701,238