The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are deposiꦆtary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The automotive sector in Hungary plays an important role in the country’s economy and exports. In 2016, the transport equipment GVA represented a 4.5% share in the country’s GDP. In 20🎶16, the transport equipment sector accounted ...
极速赛车168开奖官网开奖:View more detailsHungarian agriculture accounted for 2.1% of the EU’s agricultural output in 2016, up by 0.2 pp y/y. The agricultural sector accounted for 3.8% of the country’s total GDP and for 4.꧑4% of the tota🍃l gross value added (GVA). GVA ...
极速赛车168开奖官网开奖:View more detailsHungary’s food and beverage industry accounted for 4.6% of the total gross output and for 2.2% of the gross value added of the♔ economy in 2016. The industry ꧟is a significant part of the manufacturing sector, accounting for 11.5% of its gross ...
极速赛车168开奖官网开奖:View more detailsHungary is one of the net importers of electricity in Central East Europe (CEE), with a net import deficit of around HUF 144bn as o♛f 2016.🔯 The country is increasingly dependent on electricity imports as its generating capacities are in decline as a ...
极速赛车168开奖官网开奖:View more detailsHungary is located at the crossroads of four major road, railway and inland waterway corridors that link Eastern, Western and Southern Europe. The country’s transportation sector accounts for around 5.1% of its𓄧 GDP and close to 7% of total ...
极速赛车168开奖官网开奖:View more detailsThe ICT sector accounted for more than 5% of the Hungarian GDP in 2016𒉰, compared with 5.3% in 2008. Sales resulting from the provision of Internet access (including mobile Internet) amounted to HUF 195bn in 2016, up 5.5% y/y as well. Sales reven🐬ues ...
极速赛车168开奖官网开奖:View more detailsThe Hungarian financial sector has significant potential for catching up with regional and EU development levels. The total loan-to-GDP ratio of credit institutions amounte🌺d to 50.9% in 2015. The financial sector (banking and insurance) generated 2 ...
极速赛车168开奖官网开奖:View more detailsThe Hungarian insurance sector is split evenly between the life and non-life segments. Unlike the European life insurance market, the Hun༺garian life segment is dominated by unit-linked products that ar♉e linked to investment schemes. In 2016, the ...
极速赛车168开奖官网开奖:View more detailsThe metal processing sector is a key supplier for the automotive sector and the construction sector, which have been am𓆉ong the fastest-growing sectors in Hungary in the last five years. The total output of the metal processing sector stood at HUF 1 ...
极速赛车168开奖官网开奖:View more detailsIn 2015, the total Hungarian healthcare expenditure ꦗamounted to HUF 2,373.4bn, or 7.04% of GDP. Public financing schemes made up 67.1% of the healthcare spending. By regional standards, the Hungarian health spending as a percentage of GDP is high, ...
极速赛车168开奖官网开奖:View more details