About Hungary
Quick Facts
- Population
- 9,939,470 (July 2013 est.)
- Area
- 93,028 sq km
- ISO Code
- HU
- Continent
- Europe
- Government
- parliamentary democracy
- Active Causes
- 12
Europe
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temperate; cold, cloudy, humid winters; warm summers
mostly flat to rolling plains; hills and low mountains on the Slovakian border
bauxite, coal, natural gas, fertile soils, arable land
the upgrading of Hungary's standards in waste management, energy efficiency, and air, soil, and water pollution to meet EU requirements will require large investments
Hungarian 93.6%, other or unspecified 6.4% (2001 census)
Roman Catholic 51.9%, Calvinist 15.9%, Lutheran 3%, Greek Catholic 2.6%, other Christian 1%, other or unspecified 11.1%, unaffiliated 14.5% (2001 cens...
7.3% of GDP (2010) of GDP
5.1% of GDP (2009) of GDP
Hungary has made the transition from a centrally planned to a market economy, with a per capita income nearly two-thirds that of the EU-27 average. The private sector accounts for more than 80% of GDP. Foreign ownership of and investment in Hungarian firms are widespread, with cumulative foreign direct investment worth more than $70 billion. In late 2008, Hungary's impending inability to service its short-term debt - brought on by the global financial crisis - led Budapest to obtain an IMF/EU/World Bank-arranged financial assistance package worth over $25 billion. The global economic downturn,...
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