search
close
  • Search
  • News
  • Upcoming Events
  • Publications
  • Internship
  • Contact Us
  • EN
  • TR
Türk Devletleri Teşkilatı
  • ORGANIZATION
    ORGANIZATION of TURKIC STATES
    History of Organization
    Key Documents
    Logo and Flag
    ON THE MAP
    Member States
    Azerbaijan
    Kazakhstan
    Kyrgyzstan
    Türkiye
    Uzbekistan
    Observer States
    Hungary
    Turkmenistan
    STRUCTURE
    Organization Chart
    Presidential Summits
    Chairman
    SECRETARIAT
    Secretary General
    Former Secretaries General
    Deputies Secretary General
    Personnel
  • PARTNERS
    Related/Affiliated Organizations
    TURKSOY
    Turkic Academy
    TURKPA
    Turkic Culture and Heritage Foundation
    International Partners
    WHO
    OIC
    ECO
    OSCE
    UNDP
    UNOSSC
    UNAOC
    UNWTO
    CICA
    BSEC & PABSEC
    ICSS & SIGA
  • MULTIMEDIA
    Photo Gallery
    Video Gallery
  • ARCHIVE
    News Archive
    • Home
    • On The Map
    • Observer States

    Turkmenistan

    Hungary



    Hungary is located in Central Europe. Neighbouring countries are Slovakia to the north, Ukraine and Romania to the east, Serbia, Croatia and Slovenia to the south and southwest, and Austria to the west. 

    Since 2013 the Hungarian economy has been booming, expanding in 2018 by 4.9% compared to the previous year. This rate is mainly in line with the pace of GDP growth that characterises the countries in Central and Eastern Europe. In 2018 the Visegrad countries (Hungary, Poland, Slovakia and the Czech Republic) achieved an economic growth 1.9% higher compared to the EU-average.

    The structure of the Hungarian economy is mostly compatible with other European countries representing same level of economic development. Service sector accounts for slightly less than two-thirds of the GDP. Within the service sector, private services (trade, tourism, finance and other economic services) are highly developed. The agricultural sector, for which Hungary has especially favourable climate conditions, represented 4.2 % of the country’s GDP in 2018. In line with international trends, the industrial sector accounts for around one quarter of the country’s GDP. Recently, primarily export-focused industries (e.g. automotive industry) have been able to increase their output significantly. 

    Capital

    Budapest

    Geographical size

    93 030 km²

    Population

    9,8 million (2019)

    Gross domestic product (GDP)

    160.97 billion US dollars (2019)

    Official language(s)

    Hungarian

    Political system

    Parliamentary Republic

    EU member country since

    1 May 2004

    Currency

    Hungarian Forint HUF
    Organization of Turkic States 2022 © All Rights Reserved.
  • News
  • Upcoming Events
  • Publications
  • Internship
  • Contact Us