HomePage Contact Us About Us Advertise with us
Custom Search

Hungary Overview of Economy













A brief guide to Hungary economy, Hungary economy overview, Inflation rates GDP and other economic indicators in Hungary.




Approximately 80% of the GDP in Hungary is produced by the private sector.
The main sources of Hungary's GDP are services 64%, industry 33%, and agriculture 3%.
Most international trade, approximately 80%, is with the countries of the O.E.C.D.
Hungary's 2003 main exports went to Germany (32%), Austria (12%), U.K (6%), Italy and France, about 5% each. Hungary's main imports in 2003 were from Germany (29%), Austria and Italy, about 7%-8% each. The unemployment rate for 2003 was 5.8%, mainly in areas outside Budapest. The per capita GDP for 2003 was $13,900 (world average-$8,200).
In 2004 the average gross monthly salary in Hungary was HUF 145,675.
On 1.5.2004 Hungary joined the European Union. The EU accession will, no doubt, improve the Hungary economy dramatically.







Austria Economic Overview | Bulgaria Economic Overview | China Economic Overview | Cyprus Economic Overview | Czech R. Economic Overview | Estonia Economic Overview | Finland Economic Overview | Germany Economic Overview | Greece Economic Overview | Hungary Economic Overview | India Economic Overview | Ireland Economic Overview | Israel Economic Overview | Italy Economic Overview | Japan Economic Overview | Latvia Economic Overview | Lithuania Economic Overview | Malta Economic Overview | Poland Economic Overview | Portugal Economic Overview | Russia Economic Overview | Russia Economic Overview | Serbia Montenegro Economic Overview | Slovakia Economic Overview | Slovenia Economic Overview | Turkey Economic Overview

Go Back

© All copyrights reserved

Hungary Homepage | Security Policy | Terms of Service