What countries border Hungary?
What is the current weather in Hungary?
What is Hungary famous for?
What is the capital of Hungary?
Capital | Budapest |
Government Type | Parliamentary republic |
Currency | Forint (HUF) |
Total Area |
35,918 Square Miles 93,028 Square Kilometers |
Location | Central Europe, northwest of Romania |
Language | Hungarian 98.2%, other 1.8% |
GDP - real growth rate | 3% |
GDP - per capita (PPP) | $26,000.00 (USD) |
What is the population of Hungary?
Ethnic Groups | Hungarian 89.9%, Roma 4%, German 2.6%, Serb 2%, Slovak 0.8%, Romanian 0.7% |
Nationality Noun | Hungarian(s) |
Population | 9,771,827 |
Population Growth Rate | -0.2% |
Population in Major Urban Areas | BUDAPEST (capital) 1.737 million |
Urban Population | 69.500000 |
What type of government does Hungary have?
Executive Branch |
Chief of State: President Tamas SULYOK (since 5 March 2024) Head of Government: Prime Minister Viktor ORBAN (since 29 May 2010) Cabinet: Cabinet of Ministers proposed by the prime minister and appointed by the president Elections/Appointments: President indirectly elected by the National Assembly with two-thirds majority vote in first round or simple majority vote in second round for a 5-year term (eligible for a second term); election last held on 26 February 2024 (next to be held in spring 2029); prime minister elected by the National Assembly on the recommendation of the president; election last held on 3 April 2022 (next to be held in April or May 2027) Election results: 2024: Tamas SULYOK elected president; National Assembly vote - 134 to 5 2022: Katalin NOVAK (Fidesz) elected president; National Assembly vote - 137 to 51 |
Suffrage | 18 years of age, 16 if married and marriage is registered in Hungary; universal |
Citizenship |
Citizenship by birth: No Citizenship by descent only: At least one parent must be a citizen of Hungary Dual citizenship recognized: Yes Residency requirement for naturalization: 8 years |
National Holiday | Saint Stephen's Day, 20 August (1083); note - commemorates his canonization and the transfer of his remains to Buda (now Budapest) in 1083 |
Constitution |
History: Previous 1949 (heavily amended in 1989 following the collapse of communism); latest approved 18 April 2011, signed 25 April 2011, effective 1 January 2012 Amendments: Proposed by the president of the republic, by the government, by parliamentary committee, or by Parliament members; passage requires two-thirds majority vote of Parliament members and approval by the president; amended several times, last in 2018 |
Independence | 16 November 1918 (republic proclaimed); notable earlier dates: 25 December 1000 (crowning of King STEPHEN I, traditional founding date); 30 March 1867 (Austro-Hungarian dual monarchy established) |
What environmental issues does Hungary have?
Overview | Hungary is located in central Europe’s Carpathian Basin and is about 36,000 square miles in area. The capital city, Budapest, hosts about 2.1 million residents. Hungary has some topographical variation; however, as much as 50% of the country’s territory is flat. The two most important rivers, the Danube and the Tisza, cross the country from north to south. The region between these two rivers is flat, while Transdanubia, the region lying to the west of the Danube, is hilly country featuring central Europe’s largest lake, the Balaton. A range of medium height mountains stretches diagonally across the country. The Hungarian "puszta" (plain) is a favorite tourist destination where the characteristic animals and ethnographic traditions can be seen. |
Climate | Temperate; cold, cloudy, humid winters; warm summers |
Border Countries | Austria 366 km, Croatia 329 km, Romania 443 km, Serbia and Montenegro 151 km, Slovakia 677 km, Slovenia 102 km, Ukraine 103 km |
Environment - Current Issues | The upgrading of Hungary's standards in waste management, energy efficiency, and air, soil, and water pollution with environmental requirements for EU accession will require large investments |
Environment - International Agreements |
Party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling Signed, but not ratified: None of the selected agreements |
Terrain | Mostly flat to rolling plains; hills and low mountains on the Slovakian border |
How big is the Hungary economy?
Economic Overview |
Hungary has transitioned from a centrally planned to a market-driven economy with a per capita income approximately two thirds of the EU-28 average; however, in recent years the government has become more involved in managing the economy. Budapest has implemented unorthodox economic policies to boost household consumption and has relied on EU-funded development projects to generate growth. Following the fall of communism in 1990, Hungary experienced a drop-off in exports and financial assistance from the former Soviet Union. Hungary embarked on a series of economic reforms, including privatization of state-owned enterprises and reduction of social spending programs, to shift from a centrally planned to a market-driven economy, and to reorient its economy towards trade with the West. These efforts helped to spur growth, attract investment, and reduce Hungary’s debt burden and fiscal deficits. Despite these reforms, living conditions for the average Hungarian initially deteriorated as inflation increased and unemployment reached double digits. Conditions slowly improved over the 1990s as the reforms came to fruition and export growth accelerated. Economic policies instituted during that decade helped position Hungary to join the European Union in 2004. Hungary has not yet joined the euro-zone. Hungary suffered a historic economic contraction as a result of the global economic slowdown in 2008-09 as export demand and domestic consumption dropped, prompting it to take an IMF-EU financial assistance package. Since 2010, the government has backpedaled on many economic reforms and taken a more populist approach towards economic management. The government has favored national industries and government-linked businesses through legislation, regulation, and public procurements. In 2011 and 2014, Hungary nationalized private pension funds, which squeezed financial service providers out of the system, but also helped Hungary curb its public debt and lower its budget deficit to below 3% of GDP, as subsequent pension contributions have been channeled into the state-managed pension fund. Hungary’s public debt (at 74.5% of GDP) is still high compared to EU peers in Central Europe. Real GDP growth has been robust in the past few years due to increased EU funding, higher EU demand for Hungarian exports, and a rebound in domestic household consumption. To further boost household consumption ahead of the 2018 election, the government embarked on a six-year phased increase to minimum wages and public sector salaries, decreased taxes on foodstuffs and services, cut the personal income tax from 16% to 15%, and implemented a uniform 9% business tax for small and medium-sized enterprises and large companies. Real GDP growth slowed in 2016 due to a cyclical decrease in EU funding, but increased to 3.8% in 2017 as the government pre-financed EU funded projects ahead of the 2018 election. Systemic economic challenges include pervasive corruption, labor shortages driven by demographic declines and migration, widespread poverty in rural areas, vulnerabilities to changes in demand for exports, and a heavy reliance on Russian energy imports. |
Industries | Mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), motor vehicles |
Currency Name and Code | Forint (HUF) |
Export Partners | Germany 35.5%, Austria 7.1%, Italy 5.8%, France 5.7%, UK 4.7%, Sweden 4.3%, Netherlands 4.2% |
Import Partners | Germany 24.2%, Italy 7.5%, Austria 6.9%, Russia 6.1%, China 5.6%, France 4.8%, Japan 4.2% |
What current events are happening in Hungary?
Source: Google News
What makes Hungary a unique country to travel to?