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/
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




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 Exchanges:
Stock & Securities Exchange: Budapest Stock Exchange ;

National Statistics Office:

National Dataset(s):

Hungary


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

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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