Pages

59 pages

Published

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Hungary’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Hungary’s economy in relation to world’s major economies?
  • What is the size of Hungary’s population?
  • What is the demographic structure of Hungary? Is it favorable for economic growth?
  • How has the structure of Hungary’s GDP changed over the years?
  • How much does the Hungary’s economy rely on external trade?
  • What are the key regions for Hungary’s economy?
  • How does economic freedom in Hungary compare to others?

2.      Competitiveness

Part of the country’s economic profile, this section explores Hungary’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Hungary’s economy in?
  • How has the labor productivity in Hungary changed over the years and in relation with comparable countries?
  • How competitive is Hungary?
  • How are Hungary’s competitive factors compared to those of other countries?
  • Is it easy to do business in Hungary?
  • How good is Hungary in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Hungary?

3.      Economic development

Part of the country’s economic profile, this section explores Hungary’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Hungary?
  • Is unemployment the issue for Hungary?
  • How is income distributed in Hungary and how does it compare to others?
  • What is the current level of human development in Hungary?
  • How has quality of life in Hungary changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Hungary’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Hungary’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Hungary’s economy in the last year?
  • What were the source of growth for Hungary’s economy in the last 5 quarters?
  • What is the growth outlook for Hungary’s economy over the next 3 years and how does it compare with others?
  • How has the growth outlook for Hungary changed over the past few months?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Hungary’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Hungary and how does it compare with others?
  • How healthy is the Hungary’s banking sector?
  • What is the fiscal risk in Hungary?
  • What is the likelihood of raising tax?
  • What is the balance of payment risk for Hungary?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • What is the FX risk? How has the HUF performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Hungary and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency