On this page you will find beneficial information regarding foreign direct investment in / trading with Hungary. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Parliamentary Democracy
Population: 9.684 million (2022)
GDP: 178.8 billion USD (2022)
Corporate Tax Rate: 9%
Personal Income Tax Rate: 15%
Major Exports: The top exports of Hungary are Cars ($12.3B), Motor vehicles; parts and accessories (8701 to 8705) ($7.78B), Electric Batteries ($6.66B), Packaged Medicaments ($3.92B), and Computers ($3.66B), exporting mostly to Germany ($35.5B), Italy ($8.02B), Romania ($7.94B), Slovakia ($6.78B), and Austria ($6.32B).
Major Imports: The top imports of Hungary are Petroleum Gas ($10.6B), Motor vehicles; parts and accessories (8701 to 8705) ($6.5B), Electricity ($5.34B), Cars ($3.96B), and Broadcasting Equipment ($3.71B), importing mostly from Germany ($32.5B), China ($10.5B), Austria ($10.4B), Slovakia ($9.79B), and Poland ($8.87B).