Flag of Hungary Hungary

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Wireless payment

Digitalization

Internet usage (of pop.)
89.7%
Did online shopping (age 15+)
56.1%
Paid bills via internet (age 15+)
54.4%
Accessed a bank account online (age 15+)
71.3%
Paid utility bills using a mobile phone (age 15+)
23.9%
Made or received digital payments (age 15+)
86.4%

Data overview for Hungary

Wireless payment

Digitalization

Internet usage (of pop.)
89.7%
Did online shopping (age 15+)
56.1%
Paid bills via internet (age 15+)
54.4%
Accessed a bank account online (age 15+)
71.3%
Paid utility bills using a mobile phone (age 15+)
23.9%
Made or received digital payments (age 15+)
86.4%
Business chart

Macro data

Population 2022
9.7M
GDP Total 2022
€175B
GDP per capita 2022 (PPP)
€38,700
GDP forecast 2021
4.6%
Trade Flows (% of GDP)
142.1%
Cash increase

Banking data

Total bank assets 2022
€183.1B
Total bank assets 2022/GDP
104.7%
Account ownership (age 15+)
88.2%
Debit card ownership (age 15+)
79%
Coin in hand

Economic data

Unemployment
3.6%
Currency
HUF
Remittances (% of GDP)
2.4%
Private Consumption (yoy)
6.5%

Data provided by Raiffeisen Research, Sources

Articles about fintech in Hungary

Hungary compared to other CEE countries

Flag of HungaryHungary

Internet usage (of pop.)
89.7%
Did online shopping (age 15+)
56.1%
Paid bills via internet (age 15+)
54.4%
Accessed a bank account online (age 15+)
71.3%

Flag of AustriaAustria

Internet usage (of pop.)
94.2%
Did online shopping (age 15+)
63.9%
Paid bills via internet (age 15+)
61.6%
Accessed a bank account online (age 15+)
64%

Flag of SlovakiaSlovakia

Internet usage (of pop.)
90.2%
Did online shopping (age 15+)
67.8%
Paid bills via internet (age 15+)
72.3%
Accessed a bank account online (age 15+)
79.4%

Flag of UkraineUkraine

Internet usage (of pop.)
75%
Did online shopping (age 15+)
41.9%
Paid bills via internet (age 15+)
47.2%
Accessed a bank account online (age 15+)
57.6%

Data provided by Raiffeisen Research, Sources

See all CEE countries