Flag of Hungary Hungary

Wireless payment

Digitalization

Internet usage (of pop.)
86%
Did online shopping (age 15+)
42 – 44%
Paid bills via internet (age 15+)
43 – 45%
Accessed a bank account online (age 15+)
42 – 43%
Paid utility bills using a mobile phone (age 15+)
2 – 4%
Made or received digital payments (age 15+)
78 – 79%

Data overview for Hungary

Wireless payment

Digitalization

Internet usage (of pop.)
86%
Did online shopping (age 15+)
42 – 44%
Paid bills via internet (age 15+)
43 – 45%
Accessed a bank account online (age 15+)
42 – 43%
Paid utility bills using a mobile phone (age 15+)
2 – 4%
Made or received digital payments (age 15+)
78 – 79%
Business chart

Macro data

Population 2020
9.8M
GDP Total 2020
139.3B
GDP per capita 2020 (PPP)
29,300
GDP forecast 2021
5%
Trade Flows (% of GDP)
146.7%
Cash increase

Banking data

Total bank assets 2020
148.5B
Total bank assets 2020/GDP
120%
Account ownership (age 15+)
82 – 83%
Debit card ownership (age 15+)
78 – 81%
Coin in hand

Economic data

Unemployment
4.7%
Currency
HUF
Remittances (% of GDP)
2.4%
Private Consumption (yoy)
5.4%

Data provided by Raiffeisen Research, Sources

Articles about fintech in Hungary

Hungary compared to other CEE countries

Data provided by Raiffeisen Research, Sources

See all CEE countries