Hungary Business, Taxation and Offshore Information
Hungary is a landlocked country in central Europe. It has an area of 93,028 km2 and borders on seven other countries. The population is estimated to be 9.7 million and the official language is Hungarian. The current president is János Áder, who has been in office since 10 May 2012.
In the aftermath of the global financial crisis, unemployment rose to almost 12%, however, it has been falling since 2012 and was at a very respectable 3.5% in August 2019. The service sector employs 64.4% of the population, followed by industry 30.9% and agriculture 4.7%. The currency is the Hungarian forint (HUF). More »