47 00 N, 20 00 E

Map references:

Europe

Area:

total: 93,030 sq km land: 92,340 sq km water: 690 sq km

Area - comparative:

slightly smaller than Indiana

Land boundaries:

total: 2,185 km border countries: Austria 366 km, Croatia 329 km, Romania 443 km, Serbia 166 km, Slovakia 676 km, Slovenia 102 km, Ukraine 103 km

Coastline:

0 km (landlocked)

Maritime claims:

none (landlocked)

Climate:

temperate; cold, cloudy, humid winters; warm summers

Terrain:

mostly flat to rolling plains; hills and low mountains on the Slovakian border

Elevation extremes:

lowest point: Tisza River 78 m highest point: Kekes 1,014 m

Natural resources:

bauxite, coal, natural gas, fertile soils, arable land

Land use:

arable land: 49.58% permanent crops: 2.06% other: 48.36% (2005)

Irrigated land:

2,300 sq km (2003)

Total renewable water resources:

120 cu km (2005)

Freshwater withdrawal (domestic/industrial/agricultural):

total: 21.03 cu km/yr (9%/59%/32%) per capita: 2,082 cu m/yr (2001)

Environment - current issues:

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

Environment - international agreements:

party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air
Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85,
Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds,
Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto
Protocol, Desertification, Endangered Species, Environmental
Modification, Hazardous Wastes, Law of the Sea, Marine Dumping,
Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified: none of the selected agreements

Geography - note:

landlocked; strategic location astride main land routes between
Western Europe and Balkan Peninsula as well as between Ukraine and
Mediterranean basin; the north-south flowing Duna (Danube) and Tisza
Rivers divide the country into three large regions

People
Hungary

Population:

9,930,915 (July 2008 est.)

Age structure:

0-14 years: 15.2% (male 774,092/female 730,485) 15-64 years: 69.3% (male 3,393,630/female 3,488,011) 65 years and over: 15.6% (male 559,483/female 985,214) (2008 est.)

Median age:

total: 39.1 years male: 36.8 years female: 41.8 years (2008 est.)

Population growth rate:

-0.254% (2008 est.)

Birth rate:

9.59 births/1,000 population (2008 est.)

Death rate:

12.99 deaths/1,000 population (2008 est.)

Net migration rate:

0.86 migrant(s)/1,000 population (2008 est.)

Sex ratio:

at birth: 1.06 male(s)/female under 15 years: 1.06 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.57 male(s)/female total population: 0.91 male(s)/female (2008 est.)

Infant mortality rate:

total: 8.03 deaths/1,000 live births male: 8.74 deaths/1,000 live births female: 7.29 deaths/1,000 live births (2008 est.)

Life expectancy at birth:

total population: 73.18 years male: 69 years female: 77.62 years (2008 est.)

Total fertility rate:

1.34 children born/woman (2008 est.)

HIV/AIDS - adult prevalence rate:

0.1% (2001 est.)

HIV/AIDS - people living with HIV/AIDS:

2,800 (2001 est.)

HIV/AIDS - deaths:

fewer than 100 (2001 est.)

Major infectious diseases:

degree of risk: intermediate food or waterborne diseases: bacterial diarrhea and hepatitis A vectorborne diseases: tickborne encephalitis (2008)

Nationality:

noun: Hungarian(s) adjective: Hungarian

Ethnic groups:

Hungarian 92.3%, Roma 1.9%, other or unknown 5.8% (2001 census)

Religions:

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 census)

Languages:

Hungarian 93.6%, other or unspecified 6.4% (2001 census)

Literacy:

definition: age 15 and over can read and write total population: 99.4% male: 99.5% female: 99.3% (2003 est.)

School life expectancy (primary to tertiary education):

total: 15 years male: 15 years female: 16 years (2006)

Education expenditures:

5.5% of GDP (2005)

Government
Hungary

Country name:

conventional long form: Republic of Hungary conventional short form: Hungary local long form: Magyar Koztarsasag local short form: Magyarorszag

Government type:

parliamentary democracy

Capital:

name: Budapest geographic coordinates: 47 30 N, 19 05 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Administrative divisions:

19 counties (megyek, singular - megye), 23 urban counties (singular - megyei varos), and 1 capital city (fovaros) counties: Bacs-Kiskun, Baranya, Bekes, Borsod-Abauj-Zemplen, Csongrad, Fejer, Gyor-Moson-Sopron, Hajdu-Bihar, Heves, Jasz-Nagykun-Szolnok, Komarom-Esztergom, Nograd, Pest, Somogy, Szabolcs-Szatmar-Bereg, Tolna, Vas, Veszprem, Zala urban counties: Bekescsaba, Debrecen, Dunaujvaros, Eger, Erd, Gyor, Hodmezovasarhely, Kaposvar, Kecskemet, Miskolc, Nagykanizsa, Nyiregyhaza, Pecs, Salgotarjan, Sopron, Szeged, Szekesfehervar, Szekszard, Szolnok, Szombathely, Tatabanya, Veszprem, Zalaegerszeg capital city: Budapest

Independence:

25 December 1000 (crowning of King STEPHEN I, traditional founding date)

National holiday:

Saint Stephen's Day, 20 August

Constitution:

18 August 1949, effective 20 August 1949; revised 19 April 1972; 18 October 1989 revision ensured legal rights for individuals and constitutional checks on the authority of the prime minister and also established the principle of parliamentary oversight; 1997 amendment streamlined the judicial system

Legal system:

based on the German-Austrian legal system; accepts compulsory ICJ jurisdiction with reservations

Suffrage:

18 years of age; universal

Executive branch:

chief of state: President Laszlo SOLYOM (since 5 August 2005) head of government: Prime Minister Ferenc GYURCSANY (since 29 September 2004) cabinet: Council of Ministers prime minister elected by the National Assembly on the recommendation of the president; other ministers proposed by the prime minister and appointed and relieved of their duties by the president elections: president elected by the National Assembly for a five-year term (eligible for a second term); election last held 6-7 June 2005 (next to be held by June 2010); prime minister elected by the National Assembly on the recommendation of the president; election last held 29 September 2004 election results: Laszlo SOLYOM elected president by a simple majority in the third round of voting, 185 to 182; Ferenc GYURCSANY elected prime minister; result of legislative vote - 197 to 12 note: to be elected, the president must win two-thirds of legislative vote in the first two rounds or a simple majority in the third round

Legislative branch:

unicameral National Assembly or Orszaggyules (386 seats; members are elected by popular vote under a system of proportional and direct representation to serve four-year terms) elections: last held 9 and 23 April 2006 (next to be held in April 2010) election results: percent of vote by party (5% or more of the vote required for parliamentary representation in the first round) - MSzP 43.2%, Fidesz-KDNP 42%, SzDSz 6.5%, MDF 5%, other 3.3%; seats by party - MSzP 190, Fidesz-KDNP 164, SzDSz 20, MDF 11, independent 1; seats by party as of September 2008 - MSzP 189, Fidesz-KDNP 162, SzDSz 20, MDF 11, independent 3, vacant 1

Judicial branch:

Constitutional Court (judges are elected by the National Assembly for nine-year terms)

Political parties and leaders:

Alliance of Free Democrats or SzDSz [Gabor FODOR]; Christian
Democratic People's Party or KDNP [Zsolt SEMJEN]; Hungarian Civic
Alliance or Fidesz [Viktor ORBAN, chairman]; Hungarian Democratic
Forum or MDF [Ibolya DAVID]; Hungarian Socialist Party or MSzP
[Ferenc GYURCSANY]

Political pressure groups and leaders:

Air Work Group (works to reduce air pollution in towns and cities); Company For Freedom Rights (Tarsasag a Szabadsagjogokert) or TASZ (personal data protection); Danube Circle (protests the building of the Gabchikovo-Nagymaros dam); Green Future (protests the impact of lead contamination of local factory on health of the people); environmentalists: Hungarian Ornithological and Nature Conservation Society (Magyar Madartani Egyesulet)or MME; Green Alternative (Zold Alternativa)

International organization participation:

Australia Group, BIS, CE, CEI, CERN, EAPC, EBRD, EIB, ESA
(cooperating state), EU, FAO, G-9, IAEA, IBRD, ICAO, ICC, ICCt,
ICRM, IDA, IEA, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM,
IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, NAM (guest), NATO, NEA,
NSG, OAS (observer), OECD, OIF (observer), OPCW, OSCE, PCA, Schengen
Convention, SECI, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL,
UNOMIG, UNWTO, UPU, WCL, WCO, WEU (associate), WFTU, WHO, WIPO, WMO,
WTO, ZC

Diplomatic representation in the US:

chief of mission: Ambassador Ferenc SOMOGYI chancery: 3910 Shoemaker Street NW, Washington, DC 20008 telephone: (202) 362-6730 FAX: (202) 966-8135 consulate(s) general: Chicago, Los Angeles, New York

Diplomatic representation from the US:

chief of mission: Ambassador April H. FOLEY embassy: Szabadsag ter 12, H-1054 Budapest mailing address: pouch: American Embassy Budapest, 5270 Budapest Place, US Department of State, Washington, DC 20521-5270 telephone: (1) 475-4400 FAX: (1) 475-4764

Flag description:

three equal horizontal bands of red (top), white, and green

Economy
Hungary

Economy - overview:

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-25 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 totaling more than $60 billion since 1989. Hungary issues investment-grade sovereign debt. International observers, however, have expressed concerns over Hungary's fiscal and current account deficits. In 2007, Hungary eliminated a trade deficit that had persisted for several years. Inflation declined from 14% in 1998 to a low of 3.7% in 2006, but jumped to 7.8% in 2007. Unemployment has persisted above 6%. Hungary's labor force participation rate of 57% is one of the lowest in the Organization for Economic Cooperation and Development (OECD). Germany is by far Hungary's largest economic partner. Policy challenges include cutting the public sector deficit to 4% of GDP by 2008, from about 6% in 2007. The government's austerity program of tax hikes and subsidy cuts has reduced Hungary's large budget deficit, but the reforms have dampened domestic consumption, slowing GDP growth to about 2% in 2007. The government will need to pass additional reforms to ensure the long-term stability of public finances. The government plans to eventually lower its public sector deficit to below 3% of GDP to adopt the euro.

GDP (purchasing power parity):

$191.7 billion (2007 est.)

GDP (official exchange rate):

$138.4 billion (2007 est.)

GDP - real growth rate:

1.3% (2007 est.)

GDP - per capita (PPP):

$19,300 (2007 est.)

GDP - composition by sector:

agriculture: 2.8% industry: 31.5% services: 65.8% (2007 est.)

Labor force:

4.19 million (2007 est.)

Labor force - by occupation:

agriculture: 5.5% industry: 33.3% services: 61.2% (2003)

Unemployment rate:

7.3% (2007 est.)

Population below poverty line:

8.6% (1993 est.)

Household income or consumption by percentage share:

lowest 10%: 4% highest 10%: 22.2% (2002)

Distribution of family income - Gini index:

28 (2005)

Investment (gross fixed):

20.9% of GDP (2007 est.)

Budget:

revenues: $64 billion expenditures: $71.87 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

67% of GDP (2007 est.)

Inflation rate (consumer prices):

8% (2007 est.)

Central bank discount rate:

7.5% (31 December 2007)

Commercial bank prime lending rate:

9.09% (31 December 2007)

Stock of money:

$36.78 billion (31 December 2007)

Stock of quasi money:

$43.07 billion (31 December 2007)

Stock of domestic credit:

$109.5 billion (31 December 2007)

Agriculture - products:

wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, dairy products

Industries:

mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), motor vehicles

Industrial production growth rate:

3.5% (2007 est.)

Electricity - production:

37.66 billion kWh (2007 est.)

Electricity - consumption:

37.11 billion kWh (2006 est.)

Electricity - exports:

10.69 billion kWh (2007 est.)

Electricity - imports:

14.68 billion kWh (2007 est.)

Electricity - production by source:

fossil fuel: 60.1% hydro: 0.5% nuclear: 39% other: 0.3% (2001)

Oil - production:

32,580 bbl/day (2007 est.)

Oil - consumption:

162,800 bbl/day (2007 est.)

Oil - exports:

66,660 bbl/day (2005)

Oil - imports:

178,400 bbl/day (2005)

Oil - proved reserves:

20.18 million bbl (1 January 2008 est.)

Natural gas - production:

2.545 billion cu m (2007 est.)

Natural gas - consumption:

13.36 billion cu m (2007 est.)

Natural gas - exports:

138 million cu m (2007 est.)

Natural gas - imports:

10.45 billion cu m (2007 est.)

Natural gas - proved reserves:

8.098 billion cu m (1 January 2008 est.)

Current account balance:

-$8.018 billion (2007 est.)

Exports:

$87.77 billion f.o.b. (2007 est.)

Exports - commodities:

machinery and equipment 61.1%, other manufactures 28.7%, food products 6.5%, raw materials 2%, fuels and electricity 1.6% (2003)

Exports - partners:

Germany 28.1%, Italy 5.6%, France 4.7%, Austria 4.6%, Romania 4.5%,
UK 4.5%, Slovakia 4.2%, Poland 4.2% (2007)

Imports:

$86.88 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and equipment 51.6%, other manufactures 35.7%, fuels and electricity 7.7%, food products 3.1%, raw materials 2.0% (2003)

Imports - partners:

Germany 26.6%, China 7.8%, Russia 6.9%, Austria 6.1%, Italy 4.5%,
France 4.3%, Netherlands 4.3% (2007)

Economic aid - recipient:

$302.6 million (2004)

Reserves of foreign exchange and gold:

$24.05 billion (31 December 2007 est.)

Debt - external:

$125.9 billion (31 December 2007)

Stock of direct foreign investment - at home:

$108.6 billion (2007 est.)

Stock of direct foreign investment - abroad:

$45.54 billion (2007 est.)

Market value of publicly traded shares:

$41.93 billion (2006)

Currency (code):

forint (HUF)

Currency code: