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Feb 23, 2023 · Hungary and the OECD. This document sets out when Hungary joined the OECD, what its permanent delegation does, and the benefits of OECD membership. Data, policy advice and research on Hungary including economy, education, employment, environment, health, tax, trade, GDP, unemployment rate, inflation and PISA.
Hungary's economy in numbers: Nominal GDP of USD 177 billion in 2022. GDP per capita of USD 18,297 compared to the global average of USD 10,589. Average real GDP growth of 2.9% over the last decade. Share of the region's population.
Hungary ( Hungarian: Magyarország [ˈmɒɟɒrorsaːɡ] ( listen)) is a landlocked country in the south-eastern region of Central Europe, bordering the Balkans. Its capital city is Budapest. Hungary is bordered by Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria.
The rate at which Hungary is catching up with the average income level in the EU has accelerated since 2017. Hungary’s GDP per person rose from around 69% of the EU average in 2017 to 74.7% in 2022. The labour market has improved significantly, with the employment rate (80.2%) rising well above the EU average and the unemployment rate
The reunited Hungary came under Habsburg rule at the turn of the 18th century, fighting a war of independence in 1703–1711, and a war of independence in 1848–1849 until a compromise allowed the formation of the Austro-Hungarian Monarchy in 1867, a major power into the early 20th century.
Oct 21, 2023 · Updated: 21 October 2023. Latest update: Information on increased border controls between Hungary and Slovenia (‘Entry requirements’ page). The Foreign, Commonwealth & Development Office ...
Debt is projected to rise to 74.3% of GDP in 2024, driven by lower nominal GDP growth and a high budget deficit, before falling again to 73.8% in 2025. The latest macroeconomic forecast for Hungary. The European Commission publishes a full set of macroeconomic forecasts for the EU and its Member States in spring (May) and autumn (November) and ...
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