Country Sheet : Hungary

Information file

Last Update on 5th June 2026

HUNGARY

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In English - version of 5th June 2026

Geography

Area : 93,030 km²

Borders : 2,171 km (Austria 366 km, Croatia 329 km, Romania 443 km, Serbia 151 km, Slovakia 677 km, Slovenia 102 km, Ukraine 103 km)

Capital : Budapest

Official language : Hungarian

Flag

Population

Population : 9,539,502 inhabitants (2026)

Crude natural change rate : -5,1‰ (2024)

Population repartition: 14.3% under 15 years old, 20.8% over 65 years old (2025)

Foreign residents: 1% EU nationals, 1% non EU nationals (2021)

Crude net migration rate: 0,4‰ (2024)

First time asylum applicants: 110 (2025)

Life expectancy: men 73,7 years, women 79.9 years (2024)

Religions: Roman Catholic 30.1%, Calvinist 9.8%, Lutheran 1.8%, Jews 0.08%, unspecified 40.1%, none 16.5% (2022 est.)

Ethnic groups: Hungarian 88%, Romani 2.1%, German 1.5%, other 5.1%, unspecified 11.3% (2022 est.)

Source : Eurostat

Economy

Currency: Forint (HUF) (exchange rate December 2025: 1€ = 388,80 HUF)

GDP: € 218,834 billion (2025)

GDP per capita (PPS): € 34,636 (2024)

GDP growth : 0.5% (2025)

Inflation: 1.8% (March 2026)

Public debt: 74,6% of GDP (2025)

Unemployment: 4.4% (March 2026)

Stock of foreign direct investment from the entire world: 116,4% of GDP (2024)

Performance sectors: electronics, pharmaceuticals, automobile and food industries

Budget balance: -4.7% of GDP (2025)

Source : Eurostat, Trading Economics, Countryeconomy

Political system

Republic, parliamentary democracy (The Fundamental law of Hungary, 25th April 2011)

Head of State: Tamás Sulyok was elected on February 26th 2024 for a 5-year term. He took office on March 5th 2024.

Prime Minister: Peter Magyar (Tisza – pro -European conservative) won the elections on 12 April 2026, defeating former Prime Minister Viktor Orbán. He officially took office on 9 May.

Unicameral parliamentary system: The National Assembly (Országgyűlés) comprises 199 seats. The representatives are elected for four years by direct universal suffrage. During elections every citizen receives two ballot- papers. A separate ballot-paper serves voting on single mandate constituency candidates and another one voting on regional lists. While the number of single constituency MPs is always 106, the number of MPs from the regional and the national list vary election to election, however, the total number always adds up to 93.