City Profile - Budapest; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

Budapest metropolitan region comprises the Budapest city and the surrounding Pest County. Metropolitan region’s accounts for 31% of the Hungary’s population and 47% of the national economy. The tertiary sector contributed the most to the region’s GVA in 2017, accounting for 78.6% share. The region is hub for health care and pharmaceutical companies in Eastern Europe. Around 60% of all real estate, advertising and financial consulting services of Hungary are based in the region. Budapest also ranked ninth among 10 European cities, in terms of business friendliness and FDI strategy

Synopsis

“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.

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. Strong performance is observed in the retail sector, tourism construction sector with increasing employment, number of building permits issued.

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.

Companies mentioned

Table of Contents

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21 ...

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21

Connectivity 22

Airports 23

Port 24

Business Environment Analysis 25

Travel and Tourism 26

Tourism Flows 26

Hotels 27

Attractions 29

Events 30

Construction and Real Estate 31

Investment 31

Real Estate Market 32

Retail 33

Retail Market 33

Consumption, Income and Prices 33

Appendix 34

Sources 34

Further Reading 34

Ask the Analyst 34

About MarketLine 34

Disclaimer 34

List of Tables

List of Tables

Table 1: Budapest metropolitan area - key facts, (estimates) 2017 2

Table 2: Budapest metropolitan area - real GDP growth, 2000-25 9

Table 3 ...

List of Tables

Table 1: Budapest metropolitan area - key facts, (estimates) 2017 2

Table 2: Budapest metropolitan area - real GDP growth, 2000-25 9

Table 3: Budapest metropolitan area - economic growth (Index 2010=100), 2000-25 11

Table 4: Budapest metropolitan area - GDP per capita comparison, 2000-25 (US$) 13

Table 5: Budapest metropolitan area - employment structure, 2000-25 (% of total) 15

Table 6: Budapest metropolitan area - main universities, 2018 16

Table 7: Budapest metropolitan area - population comparison, 2000-25 (million) 18

Table 8: Budapest metropolitan area - population by age, 2000-25 (% of total) 20

Table 9: Budapest city - mass transit network indicators, 2018 22

Table 10: Budapest Ferenc Liszt International Airport - key airport indicators, 2013-2018* 23

Table 11: Budapest city - office rents (US$/ft2/annum) 25

Table 12: Budapest metropolitan area - tourist arrivals to accommodation establishments (2013-17) 26

Table 13: Budapest metropolitan area - key hotel indicators 27

Table 14: Budapest metropolitan area - hotel key performance indicators 28

Table 15: Budapest metropolitan area - MICE* and other events 30

Table 16: Budapest metropolitan area - building permits issued for new construction 31

Table 17: Budapest metropolitan area - shopping centers, 2017 33

List of Figures

List of Figures

Figure 1: Budapest metropolitan area - real GDP growth, 2000-25 8

Figure 2: Budapest metropolitan area - economic growth (Index 2010=100), 2000-25 10 ...

List of Figures

Figure 1: Budapest metropolitan area - real GDP growth, 2000-25 8

Figure 2: Budapest metropolitan area - economic growth (Index 2010=100), 2000-25 10

Figure 3: Budapest metropolitan area - GDP per capita comparison, 2000-25 12

Figure 4: Budapest metropolitan area - employment structure, 2000-25 (% of total) 14

Figure 5: Budapest metropolitan area - population comparison, 2000-25 17

Figure 6: Budapest metropolitan area - population by age, 2000-25 (% of total) 19

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