
City Profile - Budapest; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
Description
City Profile - Budapest; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
Summary
“City Profile - Budapest” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Budapest.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
In 2024, the Budapest metropolitan area contributed 48.8% of Hungary's GDP and grew 2.5% in real terms. The economy saw moderate growth in agriculture and construction, strong service sector performance despite real estate challenges, and a decline in manufacturing. High inflation in services increased household spending, but overall consumption remained low due to high savings. This imbalance resulted in marginal domestic demand growth, decreased exports, and a drop in imports due to high inventories.
Scope
Summary
“City Profile - Budapest” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Budapest.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
In 2024, the Budapest metropolitan area contributed 48.8% of Hungary's GDP and grew 2.5% in real terms. The economy saw moderate growth in agriculture and construction, strong service sector performance despite real estate challenges, and a decline in manufacturing. High inflation in services increased household spending, but overall consumption remained low due to high savings. This imbalance resulted in marginal domestic demand growth, decreased exports, and a drop in imports due to high inventories.
Scope
- The service sector remains the key contributor to the region’s economy and the major employer.
- In 2024, Budapest's tourism sector thrived, with a significant rise in international visitors and domestic guest nights, fueled by increased intra-continental travel and a rebound from Asia-Pacific and US markets.
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
Table of Contents
32 Pages
- 1. City Snapshot
- 2. PEST Analysis
- 2.1 Political
- 2.2 Economic
- 2.3 Social
- 3. Technology and Infrastructure
- 3.1 Communications
- 3.2 Internal Transport Networks
- 3.3 Connectivity
- 3.4 Airport
- 3.5 Port
- 4. Business Environment Analysis
- 5. Travel and Tourism
- 5.1 Tourism Flows
- 5.2 Hotels
- 5.3 Attractions
- 5.4 Events
- 6. Construction and Real Estate
- 6.1 Investment
- 6.2 Real Estate Market
- 7. Retail
- 7.1 Retail Market
- 7.2 Consumption, Income and Prices
- About MarketLine
- Contact Us
- List of Tables
- Table 1: Budapest metropolitan area - key facts (estimates), 2024
- Table 2: Budapest metropolitan area- real GDP and real GDP growth, 2000-30
- Table 3: Budapest metropolitan area- economic growth comparison (Index 2010=100), 2000-30
- Table 4: Budapest metropolitan area- GDP per capita comparison, 2000-30 ($)
- Table 5: Budapest metropolitan area- employment structure, 2000-30 (% of total)
- Table 6: Budapest metropolitan area - main universities, 2024
- Table 7: Budapest metropolitan area - population comparison, 2000-30 (million)
- Table 8: Budapest metropolitan area - population by age, 2000-30 (% of total)
- Table 9: Budapest metropolitan area - mass transit network indicators, 2024
- Table 10: Budapest metropolitan area - Budapest Ferenc Liszt International Airport key indicators, 2019-25*
- Table 11: Budapest metropolitan area - UNESCO World Heritage Sites
- Table 12: Budapest metropolitan area - MICE and other events
- List of Figures
- Figure 1: Budapest metropolitan area- real GDP and real GDP growth, 2000-30
- Figure 2: Budapest metropolitan area- economic growth comparison (Index 2010=100), 2000-30
- Figure 3: Budapest metropolitan area- GDP per capita comparison, 2000-30
- Figure 4: Budapest metropolitan area- employment structure, 2000-30 (% of total)
- Figure 5: Budapest metropolitan area - population comparison, 2000-30
- Figure 6: Budapest metropolitan area - population by age, 2000-30 (% of total)
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