Hungary
Table of Contents
Hungary is a landlocked country in Central Europe. It is situated in theCarpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The country's capital and largest city is Budapest. Hungary is a member of the European Union, NATO, the OECD, the Visegrád Group, and the Schengen Agreement. The official language is Hungarian, and On 23 October 1989, Hungary again became a democratic parliamentary republic, and is recognized today as a developed country.
Hungary is a popular tourist destination attracting millions of tourists every year. It is home to the largest thermal water cave system and the second largest thermal lake in the world, which is at Lake Heviz, and the largest lake in Central Europe, which is Lake Balaton, and the largest natural grasslands in Europe, which is the Hortobagy. the sectors for the highest contribution to the GDP are industrial which accounts for 36,7%, services which accounts for 37, 7%, and agriculture at 8,6%. In Hungary, the average net adjusted disposable income of the top 20% of the population is an estimated $25,395/ year, whereas the bottom 20% earn around an estimated $6,273/ year, and Hungary's 56% of the working-age population is aged between 15 and 64 and they have a paid job.
1 . PESTEL Analysis, SWOT Analysis and Risk Analysis of Hungary
Hungary PESTEL Analysis
This report covers Hungary's PESTEL (political, economic, social, technological, environmental and legal) analysis.
Hungary SWOT Analysis
This market research report covers SWOT (strengths, weaknesses, opportunities and threats) analysis for Hungary.
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