Hungary is a unitary parliamentary republic in Central Europe. It covers an area of 93,030 square kilometres (35,920 sq mi), situated in the Carpathian Basin and bordered by Slovakia to the north, Romania to the east, Serbia to the south, Croatia to the southwest, Slovenia to the west, Austria to the northwest, and Ukraine to the northeast. With about 10 million inhabitants, Hungary is a medium-sized member state of the European Union. The official language is Hungarian, which is the most widely spoken non-Indo-European language in Europe.[1] Hungary's capital and largest metropolis is Budapest, a significant economic hub, classified as an Alpha- global city.[2] Major urban areas include Debrecen, Szeged, Miskolc, Pécs and Győr.
Hungary is a middle power and has the world's 57th largest economy by nominal GDP, as well as the 58th largest by PPP, out of 188 countries measured by the IMF. As a substantial actor in several industrial and technological sectors, it is both the world's 36th largest exporter and importer of goods. Hungary is a high-income economy with a very high standard of living. It keeps up a social security and universal health care system, and a tuition-free university education.
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Hungary".
^Rosenhouse, J.; Kowner, Rotem (2008). Globally speaking: motives for adopting English vocabulary in other languages – Google Books. ISBN 9781847690517. Retrieved 20 September 2010.
^"Globalization and World Cities (GaWC) Research Network, Loughborough University". www.lboro.ac.uk. 13 April 2010. Retrieved 25 November 2016.
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