Region
Index: 5.0  
Hungary
Flag of Hungary
Updated: April 28, 2010

Population:

Total Population: 9.9 million

Source: CIA World Factbook, July 2009

Economy:

Gross Domestic Product: 154.7 billion US dollars
Source: World Bank, 2009

Gross Domestic Product (PPP): 194 billion international dollars
Source: World Bank, 2009

Per Capita Income:

Gross National Income Per Capita (Atlas Method): 12,810 US dollars
Source: World Bank, 2009

Gross National Income Per Capita (PPP): 17,790 international dollars
Source: World Bank, 2009

Index: 6.7

Index: 7.6
IT Salaries:

Software Engineer / Web Developer: 29 percent of US
Source: PayScale, SourcingLine, February 2010

Senior Software Engineer / Web Developer: 45 percent of US
Source: PayScale, SourcingLine, March 2010

IT Project Manager: 54.3 percent of US
Source: PayScale, SourcingLine, March 2010

Index: 8.1
BPO Salaries (Non-voice):

Junior BPO Resource: 28.3 percent of US
Source: PayScale, SourcingLine, March 2010

Skilled BPO Resource: 44.2 percent of US
Source: PayScale, SourcingLine, March 2010

Index: 1.4
Real Estate:

Office Occupancy Cost (CBD): 43.9 US$/sf/yr
Source: CB Richard Ellis, November 2009

Note: Office occupancy costs are for Budapest.

Index: 5.8
Taxes:

Corporate Tax Rates: 16 percent
Source: KPMG, October 2009

Indirect Tax Rates: 25 percent
Source: KPMG, October 2009

SMB Effective Tax Rate: 57.5 percent
Source: Doing Business (World Bank), 2010

Index: 1.9  

Index: 0.0
Workforce:

Total Workforce: 3.8 million
Source: CIA World Factbook, January 2010

Index: 0.3
Outsourcing Sector:

Exports of Computer & Information Services: 1,122.6 million US dollars
Source: IMF, 2008

Exports of Misc. Business Services: 3,395.7 million US dollars
Rank: 13 of 24
Source: IMF, 2008

Index: 8.0
Basic Education:

Adult Literacy: 98.9 percent of population
Source: UNESCO, 2009

Expenditures on Education: 5.6 percent of GDP
Source: UNESCO, 2009

Index: 7.8
Educational Achievement:

Reading Achievement: 482 PISA literacy scale
Source: OECD PISA, 2006

Math Achievement: 491 PISA mathematics scale
Source: OECD PISA, 2006

Science Achievement: 504 PISA science scale
Source: OECD PISA, 2006

Index: 1.0
University Graduates:

University Educated Population: 14.7 percent of population
Source: UNESCO, 2009

Annual University Graduates: 67 thousands
Source: UNESCO, 2009

Index: 2.3
Language:

English Speaking Population: 23 percent
Source: Eurobarometer, 2006

Index: 6.0
Technological Readiness:

Internet Access: 54.9 users per 100 inhabitants
Source: International Telecommunications Union, 2009

Broadband Internet Access: 15.4 subscribers per 100 inhabitants
Rank: 5 of 26
Source: International Telecommunications Union, 2009

Index: 6.6

Index: 6.2
Economic Competitiveness & Stability:

Economic Competitiveness: 4.2 GCI score
Source: The Global Competitiveness Report, 2009

Macroeconomic Stability: 4.5 GCI Score
Source: The Global Competitiveness Report, 2009

Index: 6.9
Infrastructure:

Quality of Roads: 3.8 index (1-7)
Source: The Global Competitiveness Report, 2009

Quality of Electric Supply: 5.2 index (1-7)
Source: The Global Competitiveness Report, 2009

Mobile Phone Penetration: 122.1 subscriptions per 100 inhabitants
Source: International Telecommunications Union, 2009

Index: 8.0
Labor Market Efficiency:

Rigidity of Employment: 22 index (0-100)
Source: Doing Business (World Bank), 2010

Cost of Firing Employees: 35 weeks of salary
Source: Doing Business (World Bank), 2010

Index: 6.4
Regulation:

Overall Ease of Doing Business: 47 rank (1-183)
Source: Doing Business (World Bank), 2010

Complexity of Starting a Business: 4 days to register a start-up
Source: Doing Business (World Bank), 2010

Complexity of Paying Taxes: 330 hours per year
Source: Doing Business (World Bank), 2010

Index: 5.1
Corruption:

Corruption Perceptions: 5.1 CPI index
Source: Transparency International, 2009

Index: 8.3
Legal Protection:

Procedures to Enforce Contracts: 33 number
Source: Doing Business (World Bank), 2010

Time to Enforce Contracts: 395 days
Source: Doing Business (World bank), 2010

Cost to Enforce Contracts: 13 percent of claim
Source: Doing Business (World Bank), 2010

Index: 5.8
Intellectual Property Protection:

Intellectual Property Protection: 3.9 index (1-7)
Source: The Global Competitiveness Report, 2009

Software Piracy: 42 percent
Source: BSA-IDC Global Software Piracy Study, 2009

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