What is the richest region in Hungary

Economic indicators in Hungary

The main economic performance of a country can be read from its gross domestic product. So the total of all goods and services sold in the country. Worldwide, the gross domestic product in 2019 was around 10,209 euros per capita. In contrast, the GDP in Hungary reached 14,944 euros per inhabitant, or 146.02 billion euros in the whole country. Hungary is currently in 56th place among the major economies. If this is calculated per inhabitant taking into account purchasing power parity, then Hungary ranks 43rd in the list of the world's richest countries.

The inflation rate in Hungary was around 3.34% in 2019. Within the EU, the average in the same year was 1.63%.

Compared to Germany, the prices for daily necessities are around 37.79% lower.
The index for perceived corruption in the public sector is 44 and is therefore poor in a global comparison.

Back to overview: Hungary

Unemployment rates in percent 1991-2020

Economic performance 2019

In the Bloomberg Innovation Index, Hungary ranked 27th in 2021. The index is determined annually and most recently contained 60 countries. The front runner was South Korea. The two largest listed companies in Hungary are OTP Bank with a market capitalization of 8,315.00 billion dollars and MOL Hungarian Oil with 4,043.00 billion dollars. They are the only companies in the country to be included in the Forbes Global 2000 list in 2020. This independent list annually publishes the 2000 largest companies worldwide. Forbes ranked OTP Bank 841 and MOL Hungarian Oil 1044.

Development of the gross domestic product in billion euros 1991 - 2019

Debt budget and deficits 2019

Imports and exports 2019

Development of imports and exports in billion euros 1982 - 2019

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