(WIPO code: HU) (last revised December 2019)

by DANUBIA Patent & Law Office LLC, Budapest

General Information

Area

93,036 sq. km.

Population

9,778,000 (estimated 2018).

Capital

Budapest.

Language

Hungarian.

Currency

Forint.

General Remarks

Hungary is an OECD country and a member of the European Union as of May 1, 2004.

GDP in 2018 was U.S.$ 161.2 billion.

Hungary's economy is predominantly services-based. Agriculture accounts for 4.2% of GDP, manufacturing and industry for 30.1% and trade and services for 65.7%.