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Fact Sheet

Flag of Hungary

Hungary

Official Title:
Hungary


General Information

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the statistic is unavailable.
Bilateral Product trade
Canada - Hungary
Year Exports Imports
2012 $214,010,943 $421,569,926
2013 $147,218,446 $431,259,462
2014 $91,450,642 $549,802,357
2015 $94,468,498 $611,766,647
2016 $75,667,470 $598,278,416
Product trade (2016)
21 HS Sections
Canada - Hungary
Section Exports Imports
01 Animal & Prod. $1,086,440 $16,094,845
02 Veg. Prod. $3,459,470 $1,710,023
03 Fats, Oils & Waxes Prod. $ $11,522
04 Food Prod. $2,073,728 $12,882,692
05 Mineral Prod. $137,609 $25,662
06 Chemical Prod. $2,842,443 $79,613,305
07 Plastics, Rubber Prod. $2,550,084 $19,485,915
08 Leather, Fur Prod. $73,324 $1,572,670
09 Wood Prod. $3,339 $400,935
10 Paper Prod. $5,472,424 $4,505,904
11 Textiles Prod. $1,179,954 $22,998,891
12 Dress Access. $48,054 $3,718,514
13 Glass & Stone Prod. $907,073 $10,261,963
14 Precious Metals/stones $706,867 $4,043
15 Base Metal Prod. $2,389,226 $7,999,544
16 Mach. Mech. Elec. Prod. $38,720,333 $212,466,372
17 Vehicles and Equip. $4,128,759 $151,684,188
18 Specialized Inst. $7,829,007 $36,468,448
19 Arms & Ammunition $38,990 $318,287
20 Misc. Articles $866,005 $15,932,820
21 Antiques $52,385 $110,876

Capital: Budapest
Population (million): 9.86
Total Area: 93,030km2
Currency: 1 CAN$ = 212.23711 Forint (HUF) (2016 - Annual average)
National Holiday: August 20, Saint Stephen’s Day (Founder of the Hungarian State)
Language(s): Hungarian


Political Information

Type of State:
Republic

Type of Government:
Parliamentary democracy. Unicameral National Assembly (Országgyulés) with 199 seats; President is elected by the National Assembly. Prime Minister (leader of the majority party or the majority coalition) proposed by the President and approved by the National Assembly. Ministers are appointed by the President on the recommendation of the Prime Minister. Administrative divisions: 19 counties and 1 capital city.

Head of State:
President János Áder

Head of Government:
Prime minister Viktor Orbán (FIDESZ)

Ministers:
Foreign Affairs and Trade: Péter Szijjártó (FIDESZ)
Economy: Mihály Varga (FIDESZ)
Defence: István Simicskó(FIDESZ)

Main Political Parties:
Fidesz-Hungarian Civic Union (FIDESZ), Christian-Democratic People’s Party (KDNP), Hungarian Socialist Party (MSZP), Jobbik (Jobbik), Politics Can Be Different (LMP) National Assembly: FIDESZ-KDNP (131), MSZP (39), Jobbik (24), LMP (5) Governing coalition: majority government composed of Fidesz-Hungarian Civic Union (FIDESZ ) and Christian-Democratic People’s Party (KDNP).

Elections:
President (5 year term): next in 2017. Members of parliament (4 year term): next in 2018.


Economic Information (2015)

Comparative figures
Type Hungary Canada
GDP: ($ billion) 154.66 1,987.87
GDP per capita: ($) 15,692.17 55,487.60
GDP growth rate: (%) 2.94 1.08
Inflation: (%) -0.07 1.1
Unemployment: (%) 6.85 6.89

Product Trade and investment (2016)

Canadian exports to country: $75,667,470
Canadian imports from country: $598,278,416
FDI in Canada: $2,333 million (2015)
CDI in Hungary: $7,859 million (2015)


Representation

Foreign Representation in Canada:
Ambassador Bálint Ódor

Canadian Representation Abroad:
Ambassador Isabelle Poupart


February 2017
Sources include: Statistics Canada, IMF

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Date Modified:
2010-02-16