PESTLE Insights: Macroeconomic Outlook Report – Hungary

2018-11-28
Price :
Published : Nov-2018
No. of Pages : 41

PESTLE Insights: Macroeconomic Outlook Report – Hungary

Summary

Mining, manufacturing and utilities activity contributed 26.0% to the gross value added (GVA) in 2017, followed by financial intermediation, real estate and business activity (22.0%), and other services (20.4%). In nominal terms, the three sectors are expected to grow by 6.3%, 5.6% and 9.0%, respectively in 2018.

The Hungarian government is expected to invest HUF1 tn (US$14.6 bn) to upgrade its infrastructure in order to attain its 2022 goal.

Scope

– Central Hungary (Budapest and Pest) and Western Transdanubia (Zala, Vas and Gy?r-Moson-Sopron) generate around 58.0% of Hungarian GDP and comprise 40.7% of the country’s population, as of 2016
РTotal FDI inflows are expected to increase in 2018, simulated by private businesses and disbursement of  EU structural funds
– The overall BUX index exhibited a downward trend over the last one year. As of October 31, 2018, the Budapest Stock Market Index – BUX decreased by 6.8%, reaching 37,155.2 from 39,881.2 on October 30, 2017.

Reasons to buy

– Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
– PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
– Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
– This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Filed in: Banking & Finance
Publisher : GlobalData
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