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Hungary

Hungary · HUN · Europe

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Hungary is a landlocked country in Central Europe, a member of the European Union and NATO, known for its rich cultural heritage and thermal springs. The nation has a developed market economy with a strong manufacturing sector, particularly automotive. It faces demographic challenges and ongoing debates regarding democratic norms and the rule of law within the EU context.

Leadership

Tamás Sulyok

President

GOVERNMENT: Parliamentary republic

Economy

GDP

$230.0B

GDP per Capita

$24.0K

GDP Growth

+3.0%

Inflation

3.5%

Unemployment

4.0%

AutomotiveElectronicsPharmaceuticalsMachineryServices

Trade

Key Exports

Machinery and equipmentMotor vehiclesPharmaceuticalsElectrical equipmentFood products

Key Imports

Machinery and equipmentFuels and electricityMotor vehiclesChemicalsFood products

Top Partners

GermanyAustriaRomaniaSlovakiaCzech Republic

Headlines (8)

Pagenews.gr16h ago

Rosatom under fire: Nuclear safety allegations in Egypt send shockwaves through Europe

The Straits Times17h ago

Hungary Paks nuclear plant could operate at full capacity by Wednesday, PM Magyar says

Lokmat Times20h ago

Hungary's Paks nuclear power plant restarts Unit 3 as Danube water level rises

The Atlanta Journal-Constitution20h ago

Lando Norris seeks another win as he starts on pole for F1's Dutch Grand Prix

EUROPE SAYS1d ago

Hungary prepares to restart Paks reactor as Danube water levels recover

The Independent1d ago

Lando Norris pips Russell and Antonelli to take pole at blustery Dutch Grand Prix

Formula 11d ago

‘We had to try something’

Devdiscourse1d ago