Budapest

Miért Magyarország?

Inward FDI Stock
60% (of GDP)
(2022, MNB)

GDP (PPS)
€261,819 million
(2022, HCSO)

GDP / capita (PPS)
€ 27,037
(2022, HCSO)

GDP growth
4.6%
(2022, HCSO)

Average gross earning
€ 1,278
(of full-time employees)
(2022, HCSO)

Value of export goods
€ 142.5 billion,
83.7%
of GDP
(2022, HCSO)

FDI (Europe)

Business Facilities' 2022
Global Rankings Report

#1
Best to invest overall 2023

in Eastern-Europe
& Central Asia
Site Selection Magazine

Population
9,599,744
(2023, HCSO)

Area
93,025 km2

Capital (population)
Budapest (1,671,004)
(2023, HCSO)

Form of Government
Parliamentary
Republic

Currency
Forint (HUF)

Time zone
GMT + 1 hour

Membership in international organisations
EU, UN, OECD, WTO, NATO, IMF, EC
EU member since 2004

Current daily exchange rate according to MNB (Hungarian National Bank)

USD
362 HUF
EUR
391 HUF

Foreign trade focus

Hungary’s exports by country group (billion EUR)

Hungary’s exports by country group (billion EUR)

Hungary has the
9th highest
economy complexity

ranking in the world.
In global comparisation, Hungary
ranks 95th in terms of the size of its
population
but it is 34th in terms of
the global ranking of exports.
  • non EU member European countries
  • Asian countries
  • American countries
  • Other countries
Inward FDI stock in 2021 (% of GDP)

Inward FDI stock in 2021 (% of GDP)

extensive network
of diplomats

promoting Hungary's
foreign trade relations
at
150
local
representations
in
96
countries