Hungary

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Magyarország
Flag of Hungary
Flag
Coat of arms of Hungary
Coat of arms
Anthem: Himnusz
Location of Hungary
Capital
and largest city
Budapest
Official languagesHungarian
Dominant mode of productionCapitalism
GovernmentUnitary parliamentary bourgeois republic
• President
János Áder
• Prime Minister
Viktor Orbán
Area
• Total
93,030 km²
Population
• 2021 estimate
9,730,000


Hungary is a country in Europe. From 1949 to 1989, it was a socialist people's republic. From 1988 to 1995, Hungary's poverty rate increased by 300%.[1]

References

  1. Branko Milanovic (1998). Income, Inequality and Poverty during the Transition from Planned to Market Economy (p. 68). [PDF] Washington, D.C.: World Bank.