Introduction

flag Hungary Hungary: Introduction

Capital: Budapest

Population

Total Population: 9,683,505
Natural Increase: -0.3%
Density: 106 Inhabitants/km²
Urban Population: 72.6%
Population of main cities: Budapest (1,752,300); Debrecen (201,500); Szeged (160,800); Miskolc (154,600); Pécs (142,900); Győr (132,100); Nyíregyháza (116,800); Kecskemét (110,700); Székesfehérvár (97,000)
Ethnic Origins: The population consists of more than 98% of people of Hungarian background, around 3% of Romani, about 2% of German, and around 2% of other and unspecified ethnic backgrounds (People in Hungary are able to give several answers to the question about minorities). (Central Statistical Office)
Official Language: Hungarian
Other Languages Spoken: Mostly English or German.
Business Language(s): English is regularly used for business in Hungary, especially among multinational firms. However, Hungary’s smaller or state-owned firms may have principals who do not speak English. In this case, an interpreter may be used for meetings, though it is prudent to agree on this in advance. German is the second most common foreign language.
Religion: Roman Catholic 51.9%, Calvinist 15.9%, Lutheran 3%, Greek Catholic 2.6%, Other Christian 1%

Local Time:

It is %T:%M %A In Budapest

Exchange Rate on :

National Currency: Hungarian Forint (HUF)

Country Overview

Area: 93,030 km²
Type of State: Parliamentary republic
Type of Economy: Upper-middle-income economy, OECD member, Ex-Transition country, Emerging Financial Market.
A European crossroads; host country to company headquarters, to logistics services or research and development departments of numerous firms.
HDI*: 0.828/1
HDI (World Rank): 44/188

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.

Telecommunication

Telephone Code:
To call from Hungary, dial 00
To call Hungary, dial +36
Internet Suffix: .hu
Computers: 25.6 per 100 Inhabitants
Telephone Lines: 29.8 per 100 Inhabitants
Internet Users: 72.0 per 100 Inhabitants
Access to Electricity: 100% of the Population

Foreign Trade in Figures

 
Foreign Trade Indicators 20192020202120222023
Imports of Goods (million USD) 120,590116,020142,917165,136155,966
Exports of Goods (million USD) 123,796120,654141,830151,672160,955
Imports of Services (million USD) 22,21918,11721,28722,32224,119
Exports of Services (million USD) 30,15522,68926,90630,74434,707

Source: WTO – World Trade Organisation, Latest data available.

 

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Latest Update: July 2024