Central Hungary (including the sub-regions of Budapest and Pest) and Transdanubia (including the sub-regions of Central Transdanubia, Western Transdanubia and Southern Transdanubia) generated around 74.4% of Hungarian GDP (2019) and comprised 61.2% of the country’s population, in 2020.
Mining, manufacturing and utilities sector contributed 24.2% to the gross value added (GVA) in 2020, followed by financial intermediation, real estate and business activities sector (23.5%) and wholesale, retail trade and hotels (13.9%). The three sectors are forecast to grow by 7.1%, 9.8% and 6.2% respectively in 2021.
The BUX index exhibited an upward trend from December 15, 2020, to December 15, 2021. Overall, the index increased by 19.9% from 41,894.1 on December 15, 2020, to 50,239.5 on December 15, 2021.
– Under the Modern Cities program, the government plans to invest $12.3 billion across 260 projects by 2022, in education, healthcare, water, urban development, energy and transport.
Reasons to Buy
– Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
– PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
– Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
– This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
Table of Contents
List of Exhibits
Did you Know?
Recovery from the Covid-19 crisis
List of Figures
List of Figures
Exhibit 1: Hungary’s performance in terms of its country risk analysis in comparison to Eastern Europe and the world
Exhibit 2: Performance overview (score: 1-100)
Exhibit 3: Broad categories and weights behind the index
Exhibit 4: Budapest stock exchange index – BUX
Exhibit 5: Key sectors’ contribution to the economy (2016-23f)
Exhibit 6: : FDI flows and FDI by sector (Q1 2020-Q2 2021)
Exhibit 7: FDI by region and country (Q1 2020-Q2 2021)
Exhibit 8: Key infrastructure indicators
Exhibit 9: Real GDP and household consumption growth rate (2016-23f)
Exhibit 10: Real GDP growth rate comparison (2020)
Exhibit 11: Exports, imports and trade balance (2016-23f)
Exhibit 12: Current account balance (2016-23f)
Exhibit 13: Top three commodity exports, % of total exports (2016-20)
Exhibit 14: Electrical machinery, equipment and parts thereof, % of world total (2020)
Exhibit 15: Interest rates (October 2015 – October 2021)
Exhibit 16: Exchange rate and inflation (2016-23f)
Exhibit 17: General government net lending/borrowing (2016-23f)
Exhibit 18: General government debt (2016-23f)
Exhibit 19: Unemployment (2016-23f)
Exhibit 20: Average annual wages (2016-23f)
Exhibit 21: Labor cost index (2016-23f)
Exhibit 22: Rural/urban share in total population (1995, 2005, 2015, 2025f)
Exhibit 23: Age-group share of total population (2005, 2015, 2025)
Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
Exhibit 25: Internet users % of total population, mobile penetration rate and broadband penetration rate (2020)
Exhibit 26: Number of patents granted per million population (2020)
Exhibit 27: High-technology exports as percentage of manufactured exports (2020 or latest year available)
Exhibit 28: Doing business in Denmark (2020)
Exhibit 29: Corruption perception index (rankings) (2020)
Exhibit 30: CO2 emissions (2016-20)