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.
    • 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?


    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
    About MarketLine
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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

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