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OECD - OECD Economic Surveys: Hungary 2016

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OECD Economic Surveys: Hungary 2016
Please cite this publication as:
OECD (2016), OECD Economic Surveys: Hungary 2016, OECD Publishing, Paris, http://dx.doi.org/10.1787/eco_surveys-hun-2016-en.
Metadata Legal and Rights ISBN 978-92-64-25605-7 epub - 978-92-64-25594-4 - photo 2
Metadata, Legal and Rights
ISBN: 978-92-64-25605-7 (epub) - 978-92-64-25594-4 (print) - 978-92-64-25595-1 (pdf)
DOI: http://dx.doi.org/10.1787/eco_surveys-hun-2016-en
Series: OECD Economic Surveys
ISSN: 0376-6438 (print) - 1609-7513 (online)
OECD Economic Surveys: Hungary
ISSN: 1995-3461 (print) - 1999-0529 (online)
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.

The economic situation and policies of Hungary were reviewed by the Committee on 30 March 2016. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 13th April 2016.

The Secretariats draft report was prepared for the Committee by Jens Hj and Gabriel Machlica from the OECD secretariat, and Edit Huszr, seconded from the Hungarian Ministry of the National Economy, under the supervision of Pierre Beynet. Statistical research was provided by Taejin Park with general administrative support provided by Anthony Bolton. The previous Survey of Hungary was issued in January 2014.

Information about the latest as well as previous Surveys and more information about how Surveys are prepared is available at www.oecd.org/eco/surveys .

Photo credits: Cover Image Source Fotolia.com
Corrigenda to OECD publications may be found on line at: www.oecd.org/about/publishing/corrigenda.htm.
OECD 2016
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Basic Statistics of the Hungary, 2014
(Numbers in parentheses refer to the OECD average) a

Land, people and electoral cycle

Population (million)

9.8

Population density per km

105.8

(34.9)

Under 15 (%)

14.4

(18.1)

Life expectancy (years, 2013)

75.7

(80.5)

Over 65 (%)

17.6

(16.0)

Men

72.2

(77.8)

Foreign-born (%, 2013)

4.5

Women

79.1

(83.1)

Latest 5-year average growth (%)

-0.4

(0.6)

Latest general election

April 2014

Economy

Gross domestic product (GDP)

Value added shares (%)

In current prices (billion USD)

139.4

Primary sector

4.5

(2.5)

In current prices (billion HUF)

32 373

Industry including construction

31.2

(26.9)

Latest 5-year average real growth (%)

1.3

(1.9)

Services

64.4

(70.6)

Per capita (000 USD PPP)

24.9

(39.0)

General Government

Per cent of GDP

Expenditure

49.5

(42.3)

Gross financial debt b

99.0

(114.4)

Revenue

47.3

(38.5)

Net financial debt b

71.3

(72.6)

External Accounts

Exchange rate (HUF per USD)

232.2

Main exports (% of total merchandise exports)

PPP exchange rate (USA = 1)

132.0

Machinery and transport equipment

54.1

In per cent of GDP

Manufactured goods

10.5

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