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Hungary flag Hungary Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Hungary, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
32.1
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Time to obtain an electrical connection (days)
120.8
2023 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Average time to clear exports through customs (days)
2.5
2023 · Average number of days to clear direct exports through customs.
Firms visited or required meetings with tax officials (% of firms)
26.4
2023 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
New business density (new registrations per 1,000 people ages 15-64)
4.3
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
41.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Insurance and financial services (% of service imports, BoP)
4.14601066786743
2024 · World Bank
Merchandise trade (% of GDP)
137.37977173936
2024 · World Bank
Domestic credit to private sector by banks (% of GDP)
32.0929198065996
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
2.42334794796538
2024 · World Bank
Domestic credit to private sector (% of GDP)
32.4121745564522
2024 · World Bank
Insurance and financial services (% of commercial service imports)
4.17726753084254
2024 · World Bank
Fuel exports (% of merchandise exports)
3.31679659415315
2024 · World Bank
Fuel imports (% of merchandise imports)
8.81804043580464
2024 · World Bank
Trade in services (% of GDP)
29.4739291988708
2024 · World Bank
Manufactures exports (% of merchandise exports)
85.395261963722
2024 · World Bank
Merchandise imports (current US$)
148974000000
2024 · World Bank
Food exports (% of merchandise exports)
8.99928095363406
2024 · World Bank
Manufactures imports (% of merchandise imports)
79.6289663531292
2024 · World Bank
Transport services (% of commercial service imports)
27.1268611647504
2024 · World Bank
Ores and metals imports (% of merchandise imports)
2.75247088801355
2024 · World Bank
Insurance and financial services (% of commercial service exports)
2.43547927366696
2024 · World Bank
Export unit value index (2015 = 100)
116.1
2024 · World Bank
Agricultural raw materials exports (% of merchandise exports)
0.61014710026685
2024 · World Bank
Food imports (% of merchandise imports)
7.229701822333
2024 · World Bank
Travel services (% of commercial service exports)
21.188228911895
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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