Budapest – Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

“City Profile – Budapest” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Budapest.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Budapest is the center of economic activity in Hungary and accounted for 47.8% of the total GDP of Hungary in 2020. The real GDP of the Budapest metropolitan area declined by 4.5% in 2020, the lowest in the last two decades. The economy was hit hard by various measures taken by the government, including lockdown and the social distancing measures, to contain the COVID-19 pandemic.

Scope

– The service sector remains the key contributor to the region’s economy – and the major employer.

– Budapest is a key tourist destination for both domestic and international tourists in Hungary. Low performance is observed in the retail sector, tourism construction sector due to COVID-19 pandemic.

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

- Analyze and understand the business environment in the city to align your investment and expansion strategies.

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

City Snapshot

PEST Analysis

Political

Economic

Social

Technology and Infrastructure

Communications

Internal Transport Networks

Connectivity

Airports

Ports

Business Environment Analysis

Travel and Tourism

Tourism Flows

Hotels

Attractions

Events

Construction and Real Estate

Investment

Real Estate Market

Retail

Retail Market

Consumption, Income and Prices

Appendix

Sources

Further Reading

Ask the analyst

About MarketLine

Disclaimer

List of Tables

List of Tables

Table 1: Budapest metropolitan area – key facts (estimates), 2020

Table 2: Budapest metropolitan area – real GDP and real GDP growth, 2000-25

Table 3: Budapest metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Table 4: Budapest metropolitan area – GDP per capita comparison, 2000-25 ($)

Table 5: Budapest metropolitan area – employment structure, 2000-25 (% of total)

Table 6: Budapest metropolitan area – main universities, 2021

Table 7: Budapest metropolitan area – population comparison, 2000-25 (million)

Table 8: Budapest metropolitan area – population by age, 2000-25 (% of total)

Table 9: Budapest city – mass transit network indicators

Table 10: Budapest metropolitan area – Budapest Ferenc Liszt International Airport key indicators, 2016-20

Table 11: Budapest city – office rents, Q2 2021

Table 12: Budapest metropolitan area – guests in commercial accommodation establishments, 2016-21* (number)

Table 13: Budapest metropolitan area – guest nights in commercial accommodation establishments, 2016-21* (number)

Table 14: Budapest metropolitan area – average length of stay in commercial accommodation establishments, 2016-21* (nights)

Table 15: Budapest metropolitan area – hotel KPIs 2019-20

Table 16: Budapest metropolitan area – UNESCO World Heritage Sites

Table 17: Budapest metropolitan area – MICE and other events

List of Figures

List of Figures

Figure 1: Budapest metropolitan area – real GDP and real GDP growth, 2000-25

Figure 2: Budapest metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Figure 3: Budapest metropolitan area – GDP per capita comparison, 2000-25

Figure 4: Budapest metropolitan area – employment structure, 2000-25 (% of total)

Figure 5: Budapest metropolitan area – population comparison, 2000-25

Figure 6: Budapest metropolitan area – population by age, 2000-25 (% of total)

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