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Hungary Economy
GDP:
purchasing power parity - $139.8 billion (2003 est.)
GDP - real growth rate:
2.9% (2003 est.)
GDP - per capita:
purchasing power parity - $13,900 (2003 est.)
GDP - composition by sector:
agriculture: 3.3%
industry: 32.5%
services: 64.2% (2003 est.)
Investment (gross fixed):
22% of GDP (2003)
Population below poverty line:
8.6% (1993 est.)
Household income or consumption by percentage share:
lowest 10%: 4.1%
highest 10%: 20.5% (1998)
Distribution of family income - Gini index:
24.4 (1998)
Inflation rate (consumer prices):
4.7% (2003 est.)
Labor force:
4.164 million (2003)
Labor force - by occupation:
agriculture 8%, industry 27%, services 65% (1996)
Unemployment rate:
5.9% (2003 est.)
Budget:
revenues: $35 billion
expenditures: $39.88 billion, including capital expenditures of NA (2003 est.)
Public debt:
57% of GDP (2003)
Industries:
mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), motor vehicles
Industrial production growth rate:
6.4% (2003 est.)
Electricity - production:
34.39 billion kWh (2001)
Electricity - production by source:
fossil fuel: 60.1%
hydro: 0.5%
other: 0.3% (2001)
nuclear: 39%
Electricity - consumption:
35.15 billion kWh (2001)
Electricity - exports:
7.261 billion kWh (2001)
Electricity - imports:
10.43 billion kWh (2001)
Oil - production:
41,190 bbl/day (2001 est.)
Oil - consumption:
140,700 bbl/day (2001 est.)
Oil - exports:
47,180 bbl/day (2001)
Oil - imports:
136,600 bbl/day (2001)
Oil - proved reserves:
110.7 million bbl (1 January 2002)
Natural gas - production:
3.231 billion cu m (2001 est.)
Natural gas - consumption:
13.37 billion cu m (2001 est.)
Natural gas - exports:
4 million cu m (2001 est.)
Natural gas - imports:
9.587 billion cu m (2001 est.)
Natural gas - proved reserves:
50.45 billion cu m (1 January 2002)
Agriculture - products:
wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, dairy products
Current account balance:
$-7.347 billion (2003)
Exports:
$42.03 billion f.o.b. (2003 est.)
Exports - commodities:
machinery and equipment 57.6%, other manufactures 31.0%, food products 7.5%, raw materials 1.9%, fuels and electricity 1.9% (2001)
Exports - partners:
Germany 31.9%, Austria 12.4%, US 6.4%, Italy 4.9%, France 4.5%, UK 4.3% (2003 est.)
Imports:
$46.19 billion f.o.b. (2003 est.)
Imports - commodities:
machinery and equipment 51.6%, other manufactures 35.3%, fuels and electricity 8.2%, food products 2.9%, raw materials 2.0% (2001)
Imports - partners:
Germany 28.8%, Austria 8.2%, Italy 7%, Russia 6.2%, China 4.9%, France 4.8% (2003 est.)
Reserves of foreign exchange & gold:
$12.78 billion (2003)
Debt - external:
$42.38 billion (2003 est.)
Economic aid - recipient:
ODA $250 million (2000)
Currency:
forint (HUF)
Currency code:
HUF
Exchange rates:
forints per US dollar - 224.307 (2003), 257.887 (2002), 286.49 (2001), 282.179 (2000), 237.146 (1999)
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