Hungary vs Monaco: Economic Indicators Comparison

Hungary with a GDP of $157.9B ranked the 57th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Hungary and Monaco ranked 57th vs 1st, respectively.

Gross Domestic Product & Income

Stat	Hungary	Monaco
GDP	$157.9B	$7.2B
GDP growth, 1 year	4.9%	6.1%
GDP growth, 5-years average	3.8%	N/A
Population	9.9M	39k
GDP per capita	$16k	$186k
GDP per capita growth	5.3%	5.3%
Purchasing Power Parity conversion factor	140.41	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.52	N/A
GDP per capita, PPP adjusted	$32k	$98k
GNI, Atlas method	$144.3B	N/A
GNI per capita	$15k	N/A
GNI, PPP adjusted	$291.7B	N/A
GNI per capita, PPP adjusted	$30k	N/A

Financial system and Human development

Stat	Hungary	Monaco
Income Tax Rate	15%	N/A
Corporate Tax Rate	19%	N/A
Inflation, consumer prices	2.8%	N/A
Inflation, GDP deflator	4.5%	0.8%
Unemployment	3.7%	6.3%
Economic Freedom Index	66.4	83
Personal Freedom Index	8.89	8.7
Human Freedom Index	8.11	8.7
Property Rights Index	64.8	N/A
Judical Effectiveness Index	45.7	N/A
Business Freedom Index	60.2	N/A
Fiscal Health Index	83.6	N/A
Labor Freedom Index	64.6	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	79.9	N/A
Government Spending Index	34.5	N/A
Tax Burden Index	79.9	N/A
Government Integrity Index	47.5	N/A
Corruption Perceptions Index	46	82
Life expectancy at birth, years	76.1	89.7
Suicide mortality rate, per 100,000 people	19.1	0.2
Mortality caused by road traffic injury, per 100,000 people	7.8	0
Intentional homicides, per 100,000 people	2.5	0
International tourism, number of arrivals	17.6M	347k

Government debt & reserves

Stat	Hungary	Monaco
Central government debt, % of GDP	69.4%	N/A
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	13.2%	N/A
Gross savings, % of GDP	26.6%	N/A
Gross capital formation, % of GDP	27.2%	N/A
Total reserves including gold	$31.4B	N/A
Foreign direct investment net inflows	-$65.5B	N/A

Exports, imports and economic structure

Stat	Hungary	Monaco
Exports of goods and services, % of GDP	84.9%	N/A
Imports of goods and services, % of GDP	80.6%	N/A
Current account balance (balance of payments)	-$677.9M	N/A
Revenue excluding grants, % of GDP	39.4%	N/A
Grants excluding technical cooperation, BoP	$253.3M	N/A
Personal remittances received	$4.2B	N/A
Industry including construction value added, % of GDP	25.4%	13.1%
Agriculture, forestry and fishing value added, % of GDP	3.6%	N/A
Charges for the use of intellectual property, payments BoP	$1.5B	N/A
Charges for the use of intellectual property, receipts BoP	$1.8B	N/A
Expense, % of GDP	41.6%	N/A
Government Expenditure, % of GDP	46.7%	N/A