PESTLE Insights: Macroeconomic Outlook Report - Hungary
Mining, manufacturing and utilities activity contributed 26.0% to the gross value added (GVA) in 2017, followed by financial intermediation, real estate and business activity (22.0%), and other services (20.4%). In nominal terms, the three sectors are expected to grow by 6.3%, 5.6% and 9.0%, respectively in 2018.
The Hungarian government is expected to invest HUF1 tn (US$14.6 bn) to upgrade its infrastructure in order to attain its 2022 goal.
Reasons to buy
- Central Hungary (Budapest and Pest) and Western Transdanubia (Zala, Vas and Győr-Moson-Sopron) generate around 58.0% of Hungarian GDP and comprise 40.7% of the country’s population, as of 2016
- Total FDI inflows are expected to increase in 2018, simulated by private businesses and disbursement of EU structural funds
- The overall BUX index exhibited a downward trend over the last one year. As of October 31, 2018, the Budapest Stock Market Index - BUX decreased by 6.8%, reaching 37,155.2 from 39,881.2 on October 30, 2017.
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
- Did you Know?
- Country Highlights
- Country Snapshot
- PESTLE Insights
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- List of Figures
- Exhibit 1: Hungary’s Performance in Country Risk Analysis in Comparison to East Europe, and World Average
- Exhibit 2: Performance Overview (Score: 1-100)
- Exhibit 3: Broad Categories and Weights behind the Index
- Exhibit 4: Budapest Stock Market Index - BUX
- Exhibit 5: Key Sectors Contribution to the Economy
- Exhibit 6: FDI by sector (2013-2017) and share of FDI by sectors (2017)
- Exhibit 7: FDI inflow by country (2013-2017) and share of FDI by country (2017)
- Exhibit 8: Key Infrastructure Indicators
- Exhibit 9: Real GDP and Household Consumption Growth Rate
- Exhibit 10: Real GDP Growth Rate Comparison (2017)
- Exhibit 11: Export, Import and Trade Balance
- Exhibit 12: Current Account Balance
- Exhibit 13: Top Three Commodity Exports, % of Total Exports, 2014-2017
- Exhibit 14: Electrical Machinery and Its Equipment, % of World Exports, 2017
- Exhibit 15: Interest Rates
- Exhibit 16: Exchange Rate and Inflation Rate
- Exhibit 17: Public Finance
- Exhibit 18: General Government Debt
- Exhibit 19: Employment/Unemployment
- Exhibit 20: Average Annual Wages
- Exhibit 21: Labour Cost Index
- Exhibit 22: Rural/Urban Share in Total Population
- Exhibit 23: Age-group Share of Total Population
- Exhibit 24: Gender Split
- Exhibit 25: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, 2016
- Exhibit 26: Number of Patents Granted Per M Inhabitants, 2015
- Exhibit 27: High-technology exports (% of manufactured exports)
- Exhibit 28: Doing Business in Hungary 2019
- Exhibit 29: Corruption Perception Index (rankings) 2017
- Exhibit 30: CO2 Emissions