The automotive sector in Hungary plays an important role in the country’s economy and exports. In 2016, the transport equipment GVA represented a 4.5% share 🦩in the country’s GDP. In ♛2016, the transport equipment sector accounted ...

Hungarian agriculture accounted for 2.1% of the EU’s agricultural output in 2016, up by 0.2 pp y/y. The agricultural sec𒅌tor accounted for 3.8% of the country’s total GDP and for 4.4% of the total gross value added (GVA). GVA ...

Hungary’s food and beverage iꦫndustry accounted for 4.6% of the total gross output and for 2.2% of the gross value added of the economy in 2016. The industry is a significant part of the manufacturing sector, accounting for 11.5% of its gross ...

Hungary is one of the net importers of electricity in Central East Europe (CEE), with a net import deficit of around HUF 144bn as of 2016. The cou☂ntry is increasingly dependent on electricity imports as its generating capacities are in decline as a ...

Hungary is located at the crossroads of four maj🥀or road, railway and inland waterway corridors that link Eastern, Western and Southern Europe. The country’s transport💝ation sector accounts for around 5.1% of its GDP and close to 7% of total ...

The ICT sector accounted🤪 for more than 5% of the Hungarian GDP in 2016, compared with 5.3% in 2008. Sales resulting from the provision of Internet access (including mobile Internet) amounted to HUF 195bn in 2016, up 5.5% y/y as well. Sales revenues ...

The Hungarian financial sector has significant potential for catching up with regional and EU development levels. The total loan🧜-to-GDP ratio of credit institutions amounted to 50.9% in 2015. The finaಌncial sector (banking and insurance) generated 2 ...

The Hungarian insurance sector is split evenly between the life and non-life segments. Unlike the Eu🐭ropean life insurance market, the Hungaria൲n life segment is dominated by unit-linked products that are linked to investment schemes. In 2016, the ...

The metal processing sector is a key suppl🤡ier for the automotive sector and the construction sector, which have been among the fastest-growing sectors in Hungary in the last five years. The total output of the metal processing sector stood at HUF 1 ...

In 2015, the total Hungarian healthcare expenditure amounted to HUF 2,373.4bn, or 7.04% of GDP. Public financing schemes made up 67.1% of the healthcare spending. By regional standards, the Hungarian health spending as a 🌺percentage of GDP is high, ...