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About Hungary
Flag for Hungary

british business services About Hungary
british business services Setting up a Business in Hungary
british business services Registering property in Hungary
british business services Taxation
british business services Who to Contact
british business services How to proceed
  • Population: 9.8 million (UN, 2005)
  • Capital: Budapest
  • Area: 93,030 sq km (35,919 sq miles)
  • Major languages: Hungarian
  • Major religion: Christianity
  • Life expectancy: 68years (men), 77 years (women) (UN)
  • Monetary unit: 1 forint = 100 filler
  • Main exports: Machinery and transport equipment, foodstuffs, chemicals
  • GNI per capita:US $8,270 (World Bank, 2005)
  • International dialling code: +36

Country Profile

 

Hungary was part of the polyglot Austro-Hungarian Empire, which collapsed during World War I. The country fell under Communist rule following World War II. In 1956, a revolt and announced withdrawal from the Warsaw Pact were met with a massive military intervention by Moscow. Under the leadership of Janos KADAR in 1968, Hungary began liberalizing its economy, introducing so-called Goulash Communism. Hungary held its first multiparty elections in 1990 and initiated a free market economy. It joined NATO in 1999 and the EU in 2004.

Map of Hungary

 

 

 



 

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