Introduction
GDP growth in Hungary averaged 1.9% during 200110, which was lower than the rate during 19922000. The countrys weak economic conditions and the global financial downturn led to low growth of less than 1% in 200708, and a 6.7% contraction in 2009. The economy recovered in 2010, growing by a little over 1%. According to MarketLine estimates, the economy will grow at a rate of 2.6% in 2011.
Features and benefits
* Understand how Hungary can be used to plan business investments or market entry through a holistic view of the country.
* Gain an understanding of the political situation in Hungary, including key figures in the country and governance indicators.
* Understand customer demographics in Hungary through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Hungary identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
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.
Your key questions answered
* How does Hungary perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends?
* What is the legal structure in Hungary and are the laws conducive to investment?
* How does Hungary perform in terms of environmental indicators and its environmental policies?
* How does Hungary perform in terms of healthcare, income distribution, and education?
