Budapest - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
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Budapest - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
SUMMARY
“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
SUMMARY
“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.
- 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.
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
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
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 ($)
Table 5: Budapest metropolitan area - employment structure, 2000-25 (% of total)
Table 6: Budapest metropolitan area - main universities, 2021
Table 7: Budapest metropolitan area - population comparison, 2000-25 (million)
Table 8: Budapest metropolitan area - population by age, 2000-25 (% of total)
Table 9: Budapest city - mass transit network indicators
Table 10: Budapest metropolitan area - Budapest Ferenc Liszt International Airport key indicators, 2016-20
Table 11: Budapest city - office rents, Q2 2021
Table 12: Budapest metropolitan area - guests in commercial accommodation establishments, 2016-21* (number)
Table 13: Budapest metropolitan area - guest nights in commercial accommodation establishments, 2016-21* (number)
Table 14: Budapest metropolitan area - average length of stay in commercial accommodation establishments, 2016-21* (nights)
Table 15: Budapest metropolitan area - hotel KPIs 2019-20
Table 16: Budapest metropolitan area - UNESCO World Heritage Sites
Table 17: Budapest metropolitan area - MICE and other events
Table 1: Budapest metropolitan area - key facts (estimates), 2020
Table 2: Budapest metropolitan area - real GDP and real GDP growth, 2000-25
Table 3: Budapest metropolitan area - economic growth comparison (Index 2010=100), 2000-25
Table 4: Budapest metropolitan area - GDP per capita comparison, 2000-25 ($)
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
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)
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)