Summary
This PESTLE country analysis report on Hungary provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Synopsis
- Understand the political system in Hungary through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Hungary through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Hungary through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Hungary through analysis of relevant laws and policies, as well as patents data.
- Understand the legal landscape in Hungary through analysis of the judicial system as well as performance of the legal indicators
- Understand the environmental landscape in Hungary through analysis of the environmental regulations and the performance of the environmental indicators
Scope
- The political landscape section discusses the evolution of the political scenario in Hungary, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Hungary 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
- The technology landscape section examines Hungary's advancements and policies in technology innovation, including developments in information technology, telecommunications, research and development (R&D) investments, digital infrastructure, and cybersecurity measures.
- The legal landscape section explores Hungary's legal system evolution, including legislative reforms, judiciary independence, and adherence to the rule of law. It also addresses the country's legal environment for business, contract enforcement, intellectual property protection, and transparency in legal proceedings, along with any significant legal challenges or controversies.
- The environmental landscape section evaluates Hungary's environmental policies and performance concerning climate change mitigation, renewable energy adoption, pollution control measures, conservation efforts, and sustainable development initiatives.
Reasons to Buy
- What is the outlook in Hungary in terms of political stability, policies towards business, and the popularity of the government?
- How does Hungary perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Hungary perform in terms of healthcare, income distribution, and education?
- How does Hungary perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
- How does Hungary maintain a robust legal framework that protects property rights and fosters a conducive business environment?
- How does Hungary prioritize sustainability with green initiatives, renewable energy promotion, and international collaboration on environmental challenges?
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Table of Contents
Overview
Catalyst
Summary
Key findings
PESTLE highlights
Key fundamentals
Key economic updates
GDP growth rate
Trade, industrial production, and retail sales
Key Facts and Geographic Location
Key facts
Geographical location
PESTLE Analysis
Summary
Political analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Economic analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Social analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Technological analysis
Overview
Current strengths
Current challenges
Future risks
Legal analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Environmental analysis
Overview
Current strengths
Current challenges
Future prospects
Future risks
Political Landscape
Summary
Evolution
Structure and policies
Key political figures
Structure of government
Key policies
Performance
Governance indicators
Outlook
Economic Landscape
Summary
Evolution
Structure and policies
Financial authorities
Performance
GDP and growth rate
GDP composition by sector
Agriculture
Industry
Services
Fiscal situation and gross debt
Current account balance
Exports and imports
International investment position
Monetary situation
Employment
Outlook
Social Landscape
Summary
Evolution
Structure and policies
Demographic composition
Religious composition
Education
Healthcare
Performance
Healthcare
Education
Outlook
Technological Landscape
Summary
Evolution
Structure and policies
Intellectual property
Performance
Telecommunications
Outlook
Legal Landscape
Summary
Evolution
Structure and policies
Judicial system
New laws
Tax regulations
Performance
Effectiveness of legal system
Outlook
Environmental Landscape
Summary
Evolution
Structure and policies
Environmental regulations
Environmental issues
Performance
Environmental impact
Outlook
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List of Tables
Table 1: Key fundamentals, 2021-28f
Table 2: Key facts, 2024
Table 3: Analysis of political landscape
Table 4: Analysis of economic landscape
Table 5: Analysis of social landscape
Table 6: Analysis of technological landscape
Table 7: Analysis of legal landscape
Table 8: Analysis of environmental landscape
Table 9: Population by gender (as a percentage of total population), 2023
List of Figures
Figure 1: Key economic indicators trend
Figure 2: Map of Hungary, 2024
Figure 3: Hungary’s major export destinations, 2023
Figure 4: Public spending on labor markets as a percentage of GDP, 2021
Figure 5: Female labor force participation rate, 2023
Figure 6: Old-age dependency ratio, 2050
Figure 7: Tax wedge across OECD nations, 2023
Figure 8: Hazardous waste, 2015-22
Figure 9: Share of energy from renewable sources, 2022
Figure 10: Timeline of key political events
Figure 11: Key political figures
Figure 12: Composition of parliament (number of seats), 2022
Figure 13: Evolution of GDP, 2013-23
Figure 14: Real GDP and GDP growth (constant prices), 2019-28f
Figure 15: GDP by sector, 2023
Figure 16: Agricultural output, 2019-24f
Figure 17: Industrial output, 2019-24f
Figure 18: Services output, 2019-24f
Figure 19: Growth in volume of exports and imports, 2019-28f
Figure 20: Consumer price index and CPI-based inflation, 2019-28f
Figure 21: Unemployment rate, 2019-28f
Figure 22: Major religions, 2022 est.
Figure 23: Government expenditure on healthcare, 2019-28f
Figure 24: Government expenditure on education, 2019-28f
Figure 25: Internet users, 2019-24f
Figure 26: CO2 emissions, 2013-23
