HUNGARY

• Country Name:
conventional long form: Republic of Hungary
conventional short form: Hungary
local long form: Magyar Koztarsasag
local short form: Magyarorszag

• Year Founded
1000

• Population
9,905,596

• Primary Language
Hungarian

• Ethnic Make-up
Hungarian 92.3%, Roma 1.9%, other or unknown 5.8%

• Political System
Parliamentary democracy

• Year Entered the European Union
2004

• Representative of the European Union (include party)
Peter Balazs, diplomat

• Type of Economy
Market economy

• Currency
Forint

• Current Exchange rate for American Currency
1 Hungarian Forint = 0.004522 US Dollar
1 US Dollar (USD) = 221.148 Hungarian Forint (HUF)

• GDP
Purchasing power parity: $205.7 billion
Official exchange rate: $131.4 billion
Real Growth Rate: -1.5%
PPP: $20,500
Composition by Sector: agriculture: 3.2%
industry: 31.9%
services: 65%

• Percentage of Trade within the European Union
17% of exports, 14% of imports.

• Unemployment Rate
8%

• Chief Exports
Machinery, equipment and other manufactured products (automobiles, computers, etc)

• Key Imports
Aluminum, printed materials, medicinal equipment, business machines

• Major Religions
Roman Catholic 51.9%, Calvinist 15.9%, Lutheran 3%, Greek Catholic 2.6%

• Surrounding Countries
Austria, Croatia, Romania, Serbia, Slovakia, Slovenia, and Ukraine

• Literacy Rate
total population: 99.4%
male: 99.5%
female: 99.3%

• One Interesting Fact
Hungary gets nearly one third of all foreign direct investment flowing into Central Europe, with cumulative foreign direct investment totaling more than US$185 billion since 1989.