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

April 2024 | 36 pages | ID: C890231042AFEN
MarketLine

Abstracts

City Profile -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 metropolitan area is the center of economic activity in Hungary. It accounted for 47.4% of the total GDP of Hungary in 2023. The economy of Budapest metropolitan area declined by 0.6% in real terms in 2023, due to weak domestic demand, high credit costs, and inflation. Despite some positive signs such as improved household confidence and increased trust for higher demand for durable goods emerged, industrial production suffered impacting all sectors in this period

Scope

• The service sector mainly drives the economic growth of Budapest metropolitan area, accounting for 81.3% of the total GVA in 2023.
• The construction sector's contribution to Budapest's metropolitan economy improved after the pandemic, but growth has been limited by rising inflation, interest rates, and construction material costs in 2023. A decline in industry investments has further slowed progress of the construction sector

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.

Contents

1. CITY SNAPSHOT

2. PEST ANALYSIS

2.1 Political
2.2 Economic
2.3 Social

3. TECHNOLOGY AND INFRASTRUCTURE

3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
3.5 Port

4. BUSINESS ENVIRONMENT ANALYSIS

5. TRAVEL AND TOURISM

5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events

6. CONSTRUCTION AND REAL ESTATE

6.1 Investment
6.2 Real Estate Market

7. RETAIL

7.1 Retail Market
7.2 Consumption, Income and Prices
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List Of Tables

LIST OF TABLES

Table 1: Budapest metropolitan area - key facts (estimates), 2023
Table 2: Budapest metropolitan area - real GDP and real GDP growth, 2000-30
Table 3: Budapest metropolitan area - economic growth comparison (Index 2010=100), 2000-30
Table 4: Budapest metropolitan area - GDP per capita comparison, 2000-30 ($)
Table 5: Budapest metropolitan area - employment structure, 2000-30 (% of total)
Table 6: Budapest metropolitan area - main universities, 2023
Table 7: Budapest metropolitan area - population comparison, 2000-30 (million)
Table 8: Budapest metropolitan area - population by age, 2000-30 (% of total)
Table 9: Budapest metropolitan area - mass transit network indicators, 2023
Table 10: Budapest metropolitan area - Budapest Ferenc Liszt International Airport key indicators, 2018-24*
Table 11: Budapest metropolitan area - guests in commercial accommodation establishments, 2018-23 (number)
Table 12: Budapest metropolitan area - guest nights in commercial accommodation establishments, 2018-24* (number)
Table 13: Budapest metropolitan area - average length of stay in commercial accommodation establishments, 2018-23 (number)
Table 14: Budapest metropolitan area - UNESCO World Heritage sites
Table 15: Budapest metropolitan area - MICE and other events