Hungary
Europe · Budapest · HUF (Hungarian Forint)
Panorama económico e industrial
Hungary is an upper-middle-income, open economy in Central Europe and a member of the European Union and OECD. Its industrial base is anchored by automotive manufacturing, electronics, pharmaceuticals, and food processing, with a significant services sector. The economy rebounded with 2.2% real GDP growth in 2024 after a contraction in 2023, supported by recovering household consumption and large-scale foreign direct investment in electric vehicle battery production. Hungary's exports are highly concentrated in manufactured goods, particularly machinery, vehicles, and chemical products, with Germany and other EU countries as primary trading partners. Inflation, which spiked to among the highest in the EU in 2023, moderated significantly to around 3.8% HICP by 2024.
Sectores clave
📘 Conozca todo sobre Hungary →Macro
| PIB nominal, USD | $222.90B |
| Crecimiento del PIB real, anual | 2.2% |
| Inflación anual | 3.8% |
| Población personas | 9.6M |
| PIB per cápita USD | $16,525 |
| Capitalización bursátil total cotizado, USD | $66.00B |
| Cap. bursátil / PIB | 29.6% |
| Desempleo | 4.5% |
| Empresas cotizadas | 156 |
| Bolsa | Budapest Stock Exchange (BSE) |
Año de los datos: 2024. Fuentes: World Bank – World Development Indicators (2024), IMF – World Economic Outlook Database (October 2024), Budapest Stock Exchange – Official Statistics (November 2025), CEIC Data – BSE Equity Market Capitalization (June 2026), European Commission – Economic Forecast for Hungary (Spring 2026), Wikipedia – Economy of Hungary, Macrotrends – Hungary Unemployment Rate, Fragomen – Hungary Guest Investor Residence Permit, Trading Economics – Hungary GDP, Unemployment, OECD Economic Surveys: Hungary 2024.
Últimas noticias
Principales empresas cotizadas
Las mayores empresas de la bolsa local principal, por capitalización bursátil.
| # | Empresa | Sector | Capitalización bursátilUSD | Cotización en EE. UU. |
|---|---|---|---|---|
| 1 | OTP Bank Nyrt.OTP · BSE | Banking & Financial Services | $26.40B | — |
| 2 | MOL Magyar Olaj- és Gázipari Nyrt.MOL · BSE | Oil, Gas & Energy | $6.90B | — |
| 3 | Richter Gedeon Nyrt.RICHTER · BSE | Pharmaceuticals & Biotechnology | $6.10B | — |
| 4 | Magyar Telekom Nyrt.MTELEKOM · BSE | Telecommunications | $5.00B | — |
| 5 | MBH Bank Nyrt.MBHBANK · BSE | Banking & Financial Services | $2.66B | — |
| 6 | 4iG Nyrt.4IG · BSE | Information Technology | $1.92B | — |
| 7 | Opus Global Nyrt.OPUS · BSE | Diversified Industrials / Capital Goods | $587.00M | — |
| 8 | Graphisoft Park SEGOPD · BSE | Real Estate | $573.00M | — |
| 9 | Gránit Bank Zrt. / Gránit AlapkezelőGRANIT · BSE | Banking & Financial Services | $518.00M | — |
| 10 | S IMMO AG (SPLUS)SPLUS · BSE | Real Estate | $334.00M | — |
| 11 | ANY Biztonsági Nyomda Nyrt.ANY · BSE | Commercial & Professional Services | $275.00M | — |
| 12 | ALTEO Energiaszolgáltató Nyrt.ALTEO · BSE | Utilities / Renewable Energy | $222.00M | — |
| 13 | AutoWallis Nyrt.AUTOWALLIS · BSE | Consumer Discretionary / Automotive Retail | $221.00M | — |
| 14 | Sundell Invest Nyrt.SUNDELL · BSE | Real Estate | $219.00M | — |
| 15 | BIF Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt.BIF · BSE | Real Estate | $216.00M | — |
| 16 | Zwack Unicum Nyrt.ZWACK · BSE | Food, Beverage & Tobacco | $192.00M | — |
| 17 | MBH Jelzálogbank Nyrt.MBHJB · BSE | Financial Services / Mortgage Banking | $183.00M | — |
| 18 | GTC S.A. (GSPARK)GSPARK · BSE | Real Estate | $166.00M | — |
| 19 | BigGeorge's-NV Nyrt.BIGGEORGE · BSE | Real Estate | $139.00M | — |
| 20 | Masterplast Nyrt.MASTERPLAST · BSE | Construction Materials / Capital Goods | $132.00M | — |
| 21 | Rába Járműipari Holding Nyrt.RABA · BSE | Automotive Components / Capital Goods | $121.00M | — |
| 22 | Budapest Stock Exchange Ltd. (BET)BET · BSE | Diversified Financials / Exchange Operator | $119.00M | — |
| 23 | Duna House Holding Nyrt.DUNAHOUSE · BSE | Real Estate Services | $114.00M | — |
| 24 | Naturland Természetes Termékek Nyrt.NATURLAND · BSE | Pharmaceuticals / Consumer Health | $108.00M | — |
ETFs negociados en EE. UU.
Fondos listados en EE. UU. que ofrecen exposición a este mercado — la ruta más sencilla para muchos inversores estadounidenses.
| Símbolo bursátil | ETF | Emisor | Alcance | Ratio de gastos% anual | Exposición% del fondo |
|---|---|---|---|---|---|
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | ME amplio | 0.08% | 0% |
| VGK | Vanguard FTSE Europe ETF | Vanguard | Regional | 0.11% | 0% |
| GUR | SPDR S&P Emerging Europe ETF | State Street Global Advisors (SPDR) | Regional Delisted | 0.45% | 5% |
| EMEA | iShares MSCI Emerging Markets EMEA ETF | iShares (BlackRock) | Regional | 0.49% | 2% |
| EEM | iShares MSCI Emerging Markets ETF | iShares (BlackRock) | ME amplio | 0.70% | 0% |
Bolsa local y acceso
| Bolsa | Budapest Stock Exchange |
| Código | BSE |
| Sitio web | www.bse.hu |
| Moneda | HUF |
Acceso a brókers locales
Foreign investors can access BSE-listed securities through international brokers offering access to European exchanges, including Interactive Brokers and certain European online brokers. Direct retail access via Hungarian domestic brokers such as Erste Bank Hungary or OTP Bank Brokerage is also available. BSE equities trade in Hungarian Forint (HUF), so currency risk applies for USD or EUR-based investors. Many major BSE-listed companies do not have US ADR programmes; trading occurs primarily on the BSE itself, though MOL Group is also listed on the Warsaw Stock Exchange.
Brókers globales con acceso a mercados extranjeros
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Listado solo a efectos informativos — no constituye recomendación. Los mercados disponibles, las comisiones y los requisitos de incorporación varían según el bróker y el país de residencia.
Reubicación y residencia
Visado de inversión / programa de residencia
Subvenciones Long-term residence permit (10 years, renewable once)
Hungary relaunched its investment-migration programme in 2024 as the 'Guest Investor Residence' permit (vendégbefektető), effective July 1, 2024, for non-EU and non-EEA nationals. Two pathways are currently active: (1) a minimum EUR 250,000 investment (held for at least 5 years) in an approved Hungarian real estate investment fund; or (2) a minimum EUR 1,000,000 donation to a public-interest higher education institution maintained by a public interest trust foundation. A previously available EUR 500,000 direct residential property purchase pathway was abolished as of January 1, 2025. The permit is granted for 10 years and is renewable once for a further 10 years, with no minimum stay requirement. It confers the right to reside and work in Hungary and allows entry into the Schengen Area for up to 90 days in any 180-day period. Eligible family members (spouses, minor children, dependent parents) may apply for dependent residence permits.
Inversión mínima: $272.50K
¿Necesita ayuda con la solicitud? Asesores especializados en migración por inversión, como Henley & Partners.
Acceso para inversores extranjeros
Hungary uses the Hungarian Forint (HUF); it has not yet adopted the euro. Budapest offers a relatively low cost of living compared to Western European capitals. EU membership provides freedom of movement within the EU for Hungarian citizens. English proficiency is growing but Hungarian remains the primary language of business and government. Permanent residency applications (separate from the Guest Investor route) require passing a cultural knowledge test as of 2025.
ADR y cotizaciones cruzadas en EE. UU.
Empresas de este país cuyas acciones también cotizan en EE. UU. — invertibles desde una cuenta de corretaje estadounidense habitual.
| Empresa | Símbolo en EE. UU. | Símbolo local | Nota |
|---|---|---|---|
| MOL Magyar Olaj- és Gázipari Nyrt. | MOL | MOL Group is listed on the Budapest Stock Exchange (primary) and the Warsaw Stock Exchange. There is no active US ADR programme for MOL. Institutional investors typically access the stock via direct BSE or WSE trading. | |
| Magyar Telekom Nyrt. | MTELEKOM | Magyar Telekom, a subsidiary of Deutsche Telekom, trades on the Budapest Stock Exchange. There is no current US-listed ADR. Investors seeking Deutsche Telekom exposure may access the parent company on US OTC markets (DTEGY). | |
| OTP Bank Nyrt. | OTP | OTP Bank does not have a formal US-listed ADR programme. Shares trade primarily on the Budapest Stock Exchange (BSE) in Hungarian Forint. Some international brokers provide OTC access to BSE-listed shares; there is no SEC-registered OTC ADR available in the US. | |
| Richter Gedeon Nyrt. | RICHTER | Richter Gedeon is listed solely on the Budapest Stock Exchange and does not have a US ADR or OTC cross-listing. International investors access the stock through brokers with direct BSE market access. |