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    • Why Hungary?

    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
    392 HUF
    EUR
    411 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