Hungarian Forint
The currency of Hungary is the forint (HUF). It is one of seven EU member states that don’t use the euro.
Hungary has historically run a budget deficit.1 Its aging population has the potential to burden the country’s social systems.
The inflation rate2 is currently running higher than normal but has shown signs of easing since the start of 2023.
The country’s labor force participation rate3 has been trending higher over the past 15 years. Hungary had the sixth lowest household debt to GDP ratio4 in the world in 2022.
| GDP5 | $179 Billion USD |
| Major Exports6 | Cars, motor vehicle parts, electric batteries |
| Major Export Partners6 | Germany, Italy, Romania |
| Budget Deficit7 | -6.2% |
| Trade Flows8 | -5.4 billion EUR |
1. https://tradingeconomics.com/hungary/government-budget
2. https://tradingeconomics.com/hungary/inflation-cpi
3. https://tradingeconomics.com/hungary/labor-force-participation-rate
4. https://tradingeconomics.com/country-list/households-debt-to-gdp
5. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
7. https://tradingeconomics.com/country-list/government-budget?continent=world
8. https://tradingeconomics.com/country-list/balance-of-trade
9. https://tradingeconomics.com/country-list/interest-rate?continent=world
10. https://tradingeconomics.com/country-list/households-debt-to-gdp
11. https://tradingeconomics.com/hungary/labor-force-participation-rate
12. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_recent_value_desc=true
13. https://www.cia.gov/the-world-factbook/field/age-structure/
The Benefits of the Hungarian Forint
Currently has the highest central bank
interest rate9 of the currencies we offer
participation rate11 trending higher over past decade.
household debt to GDP10 in the world
Suffered from inflation
Lowest GDP12
Aging population13
How to Buy the Hungarian Forint
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$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
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