Hungary

Official Name:	The Republic of Hungary
Sovereign Status:	Sovereign Country
Government Type:	Parliamentary Republic
Official Name (Local Language):	Magyar Koztarsasag
ISO Country Codes:	HU : HUN
Internet Domain:	.hu
Government Web Site:	https://kormany.hu/

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UN Location Codes

IATA Airports

Capital:	Budapest	Main Airports:	Budapest Ferenc Liszt International Airport
Language(s):	Hungarian	Population:	9,699,577
Currency:	Hungarian Forint	ISO Currency Code:	HUF
Telephone Dial In:	+36	ID Prefix:	00

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Commisceo Global; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

Australia Group; Central European Initiative; Community of Democracies; Council of Europe; Council of The Baltic Sea States; Euro Atlantic Partnership Council; European Union; Inter Parliamentary Union; NATO; Organisation Internationale de la Francophonie; Organization for Security and Cooperation In Europe; Pacific Alliance; UN; UNESCO;

Travel Guides:

Fodor's Travel; Lonely Planet; Rough Guide

News Resources:

News Agency

Show

Hungary Around the Clock;

Index;

MTI;

Origo;

Ripost;

Newspaper

Show

Blikk;

Budapest Business Journal ;

Budapest Times;

Figyelő;

HVG (Heti Vilaggazdasag);

Radio

Show

Hungary

Government Website:	https://kormany.hu/
Sovereign Ratings:	https://countryeconomy.com/ratings/hungary
Central Bank:	National Bank of Hungary
Currency USD Exchange Rate:	295.3276 forints (HUF) per US dollar (2020 est.)
Unemployment Rate:	3.45% (2019 est.)
Population below poverty line:	12.3% (2018 est.)
Inflation Rate:	3.3% (2019 est.)

Prime Lending Rate:	1.85% (Jan-21 - TradingEconomics)
GDP:	$326.186 billion (2021 est.)
GDP Pro Capita (PPP):	$33,600 (2021 est.)
Currency Name:	Hungarian Forint
Currency Code:	HUF
World Bank Classification:	High-Income Economy

GDP Composition:

Agriculture:	3.5%	wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, dairy products
Industry:	31.8%	mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), motor vehicles
Services:	64.7%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

EBRD; FAO; IMF; International Energy Agency; International Labour Organization; OECD; Un Economic Commission for Europe; UNIDO; World Bank;

Financial & Economic Profiles:

Countryeconomy; EBRD; FAO; IMF; International Energy Agency; International Labour Organization; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: Budapest Stock Exchange ;

National Statistics Office:

Hungarian Central Statistical Office;

National Dataset(s):

Focus Economics; Trading Economics;

Hungary

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	English; Hungarian
Customs & Excise:	National Tax and Customs Administration of Hungary
Development Bank(s):	Hungarian Development Bank; The Social Development Bank in Europe; The European Bank for Reconstruction and Development;
National Standards Bureau:	Magyar Szabványügyi Testület

Competitive Ind’l Performance: 47/141 (2019)	Corruption Perceptions Index: 77/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 38/136 (2016)
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