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    • Why Hungary?

    Inward FDI Stock
    59% (of GDP)
    (2022, MNB)

    GDP (PPS)
    €236,725 million
    (2021, HCSO)

    GDP / capita (PPS)
    € 24,380
    (2021, HCSO)

    GDP growth
    4.6%
    (2022, HCSO)

    Average gross earning
    € 1,318
    (of full-time employees)
    (2022, HCSO)

    Value of export goods
    € 142,2 billion,
    83.5%     of GDP
    (2022 HCSO)

    FDI (Europe)

    Business Facilities' 2022
    Global Rankings Report

    #2
    Best to invest overall 2022

    in Eastern-Europe
    & Central Asia
    Site Selection Magazine

    Population
    9,678,000
    (2023, HCSO)

    Area
    93,026 km2

    Capital (population)
    Budapest (1,707,000)
    (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
    344 HUF
    EUR
    371 HUF

    Foreign trade focus

    Hungary’s exports by country group (billion EUR)

    Hungary’s exports by country group (billion EUR)

    • 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