Language selection

Search

Canada-Hungary fact sheet

Official Title:
Hungary

General Information

Capital: Budapest
Population (million): 9.76
Total Area: 93,030km2
Currency: 1 CAN$ = 219.97 Forint (HUF) (2020- 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: Tibor Benko

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 (133), MSZP (19), Jobbik (21), LMP (6) 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 2022. Members of parliament (4 year term): next in 2022.

Economic Information (2019)

Comparative figures
Type Hungary Canada
GDP: ($ billion) 224.22 2,277.52
GDP per capita: ($) 22,978.01 60,806.37
GDP growth rate: (%) 4.93 1.64
Inflation: (%) 3.37 1.95
Unemployment: (%) 3.42 5.67

Source: IMF (estimates)

Product Trade and Investment (2020)

Canadian exports to country: $63,322,629
Canadian imports from country: $847,343,018
FDI in Canada (2019): $1,982 million
CDI in the country (2019): $307 million

Source: Statistics Canada

Representation

Foreign Representation in Canada:
Ambassador-designate Mária Éva Vass-Salazar

Canadian Representation Abroad:
Ambassador Caroline Charette

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 figure is unavailable.

Bilateral Product trade
Canada - Hungary
Year Exports Imports
2016 $75,747,746 $604,350,066
2017 $73,381,356 $752,399,443
2018 $93,248,670 $778,050,874
2019 $90,996,508 $922,075,321
2020 $63,322,629 $847,343,018
21 HS Sections (2020)
Canada - Hungary
Section Exports Imports
01 Animal & Prod. $2,367,549 $16,740,651
02 Veg. Prod. $4,256,480 $1,417,688
03 Fats, Oils & Waxes Prod. $ $23,900
04 Food Prod. $2,512,776 $31,959,605
05 Mineral Prod. $13,675 $7,818
06 Chemical Prod. $1,452,049 $112,141,652
07 Plastics, Rubber Prod. $1,374,257 $34,574,454
08 Leather, Fur Prod. $110,890 $766,836
09 Wood Prod. $38,389 $507,548
10 Paper Prod. $2,508,837 $1,588,646
11 Textiles Prod. $598,513 $29,167,004
12 Dress Access. $200,971 $4,035,088
13 Glass & Stone Prod. $91,942 $6,508,935
14 Precious Metals/stones $70 $22,111
15 Base Metal Prod. $4,068,910 $11,604,504
16 Mach. Mech. Elec. Prod. $30,111,084 $298,518,906
17 Vehicles and Equip. $4,082,372 $237,895,073
18 Specialized Inst. $7,499,450 $40,698,575
19 Arms & Ammunition $167,942 $594,485
20 Misc. Articles $712,471 $16,438,870
21 Antiques $9,000 $700,666


March 2021
Sources include: Statistics Canada, IMF

Report a problem on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, please contact us.

Date Modified: