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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
2011 $367,765,619 $358,487,394
2012 $214,010,943 $421,569,926
2013 $147,218,446 $431,259,462
2014 $91,450,642 $549,738,704
2015 $94,468,498 $611,471,177
Product trade (2015)
21 HS Sections
Canada - Hungary
Section Exports Imports
01 Animal & Prod. $1,486,803 $9,681,948
02 Veg. Prod. $2,252,412 $1,994,186
03 Fats, Oils & Waxes Prod. $ $10,073
04 Food Prod. $2,366,388 $12,829,140
05 Mineral Prod. $134,686 $38,194
06 Chemical Prod. $2,623,882 $96,754,567
07 Plastics, Rubber Prod. $2,726,928 $17,379,233
08 Leather, Fur Prod. $14,037 $1,168,215
09 Wood Prod. $25,800 $306,204
10 Paper Prod. $4,722,106 $3,008,448
11 Textiles Prod. $415,919 $17,661,077
12 Dress Access. $49,434 $3,983,349
13 Glass & Stone Prod. $48,790 $16,368,397
14 Precious Metals/stones $5,914 $1,497
15 Base Metal Prod. $2,347,495 $7,459,078
16 Mach. Mech. Elec. Prod. $42,395,114 $233,875,900
17 Vehicles and Equip. $5,911,248 $139,121,602
18 Specialized Inst. $12,429,271 $35,480,572
19 Arms & Ammunition $19,547 $195,235
20 Misc. Articles $868,663 $13,955,380
21 Antiques $12,194,285 $186,607

Capital: Budapest
Population (million): 9.856
Total Area: 93,030km2
Currency: 1 CAN$ = 218.48 Forint (HUF)(2015 - 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, 2018.


Economic Information (2015)

Comparative figures
Type Hungary Canada
GDP: ($ billion) 154.26 1985.05
GDP per capita: ($) 15651.28 55409.05
GDP growth rate: (%) 2.94 1.18
Inflation: (%) -0.1 1.1
Unemployment: (%) 6.85 6.89

Product Trade and investment (2015)

Canadian exports to country: $94,468,498
Canadian imports from country: $611,471,177
FDI in Canada: $2333 million
CDI in Hungary: $7859 million


Representation

Foreign Representation in Canada:
Ambassador Bálint Ódor

Canadian Representation Abroad:
Ambassador Lisa Helfand


August 2016
Sources include: Statistics Canada, IMF

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Date Modified:
2010-02-16