Hungary In-depth PESTLE Insights

Hungary In-depth PESTLE Insights

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.
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?


1. OVERVIEW
1.1. Catalyst
1.2. Summary
1.2.1. Key findings
1.2.2. PESTLE highlights
1.3. Recovery of the economy from the COVID-19 crisis
1.3.1. Snapshot
1.3.2. Vaccination
1.3.3. Government measures
1.3.4. Lockdown measures
1.3.5. Travel restrictions
1.3.6. Stimulus measures
1.3.7. Impact on the Hungarian economy
1.3.8. Key fundamentals
2. KEY FACTS AND GEOGRAPHIC LOCATION
3. GEOGRAPHIC LOCATION
4. PESTLE ANALYSIS
4.1. Summary
4.2. Political analysis
4.2.1. Overview
4.2.2. Current strengths
4.2.3. Future prospects
4.2.4. Future risks
4.3. Economic analysis
4.3.1. Overview
4.3.2. Current strengths
4.3.3. Current challenges
4.3.4. Future prospects
4.3.5. Future risks
4.4. Social analysis
4.4.1. Overview
4.4.2. Current strengths
4.4.3. Current challenges
4.4.4. Future prospects
4.4.5. Future risks
4.5. Technological analysis
4.5.1. Overview
4.5.2. Current strengths
4.5.3. Current challenges
4.5.4. Future prospects
4.5.5. Future risks
4.6. Legal analysis
4.6.1. Overview
4.6.2. Current strengths
4.6.3. Current challenges
4.6.4. Future prospects
4.6.5. Future risks
4.7. Environmental analysis
4.7.1. Overview
4.7.2. Current strengths
4.7.3. Current challenges
4.7.4. Future prospects
4.7.5. Future risks
5. POLITICAL LANDSCAPE
5.1. Summary
5.2. Evolution
5.2.1. Structure and policies
5.2.2. Key political figures
5.2.3. Structure of government
5.2.4. Structure of legislature
5.2.5. Composition of legislature
5.2.6. Key policies
5.2.7. Performance
5.2.8. Governance indicators
5.3. Outlook
6. ECONOMIC LANDSCAPE
6.1. Summary
6.2. Evolution
6.3. Structure and policies
6.3.1. Financial system
6.4. Performance
6.4.1. GDP and growth rate
6.4.2. GDP composition by sector
6.4.3. General government deficit/surplus situation
6.4.4. Government debt
6.4.5. Current account
6.4.6. International trade
6.4.7. International investment position
6.4.8. Credit rating
6.4.9. Key monetary indicators
6.4.10. Employment
6.5. Outlook
7. SOCIAL LANDSCAPE
7.1. Summary
7.2. Evolution
7.3. Structure and policies
7.3.1. Composition by age and gender
7.3.2. Education
7.3.3. Healthcare
7.4. Performance
7.4.1. Healthcare
7.4.2. Education
7.5. Outlook
8. TECHNOLOGICAL LANDSCAPE
8.1. Summary
8.2. Evolution
8.3. Structure and policies
8.3.1. Intellectual property
8.4. Performance
8.4.1. Telecommunications, broadband, and internet
8.5. Outlook
9. LEGAL LANDSCAPE
9.1. Summary
9.2. Evolution
9.3. Structure and policies
9.3.1. Judicial system
9.3.2. Taxation
9.4. Performance
9.4.1. Legal indicators
9.5. Outlook
10. ENVIRONMENTAL LANDSCAPE
10.1. Summary
10.2. Evolution
10.3. Structure and policies
10.3.1. Environmental regulations
10.3.2. Environmental issues
10.4. Performance
10.4.1. Environmental impact
10.5. Outlook
11. APPENDIX
11.1. Ask the analyst
11.2. About GlobalData
11.3. Disclaimer
List of Tables
Table 1: Hungary - Key fundamentals, 2019-26f
Table 2: Hungary - Key facts, 2022
Table 3: Analysis of Hungary’s political landscape
Table 4: Analysis of Hungary's economic landscape
Table 5: Analysis of Hungary’s social system
Table 6: Analysis of Hungary’s technological landscape
Table 7: Patents granted by the US Patent and Trademark Office, 2015-20
Table 8: Analysis of Hungary’s legal landscape
Table 9: Analysis of Hungary’s environmental landscape
Table 10: Hungary - Mid-year population as a percentage of the total population, 2021
List of Figures
Figure 1: Map of Hungary, 2022
Figure 2: Hungary - Employment in the manufacturing industry (thousands), 2009-21
Figure 3: Total tax wedge (% of labor cost), 2021
Figure 4: Hungary - Bank non-performing loans to total gross loans (%), 2010-21
Figure 5: Social benefits to households in kind (% of GDP), 2020
Figure 6: Number of physicians (per 1,000 inhabitants), 2020 or latest year available
Figure 7: Old-age dependency ratio, 2050f
Figure 8: Gross domestic spending on R&D (% of GDP), 2020
Figure 9: Hungary - Tax subsidy rates on R&D expenditures by firm size and profit scenario (1-b index), 2020
Figure 10: Product market regulations, 2018
Figure 11: Hungary - Amount of hazardous waste (thousand tonnes), 2015-20
Figure 12: Hungary - Political events timeline
Figure 13: Hungary - Key political figures
Figure 14: Hungary - Composition of parliament (number of seats), 2022
Figure 15: Hungary - Historical GDP growth (%), 2012-21
Figure 16: Hungary - Real GDP and real GDP growth rate ($ billion/%), 2017-26f
Figure 17: Hungary - GDP composition by sector, 2021
Figure 18: Hungary - Agricultural output (HUF trillion/%), 2017-22f
Figure 19: Hungary - Industrial output (HUF trillion/%), 2017-22f
Figure 20: Hungary - Services output (HUF billion/%), 2017-22f
Figure 21: Hungary - Import and export growth (% change), 2017-26f
Figure 22: Hungary - Consumer price index and CPI-based inflation, 2017-26f
Figure 23: Hungary - Unemployment rate (%), 2017-26f
Figure 24: Hungary - Major religions (%), 2011
Figure 25: Hungary - Expenditure on healthcare ($ billion/% of GDP), 2012-20
Figure 26: Hungary - Government education expenditure ($ billion/% of GDP), 2017-26f
Figure 27: Hungary - Number of internet users (millions/%), 2017-21
Figure 28: Hungary - Carbon dioxide emissions (million tonnes/%), 2012-20

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