Hungary

Price of Goods in US$, which in US would Cost $1 - Hungary Compared to Continent

Footnote

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Norway	$1.68
Iceland	$1.51
Denmark	$1.48
Switzerland	$1.40
Sweden	$1.28
Ireland	$1.25
France	$1.23
UK	$1.21
Germany	$1.20
Netherlands	$1.19
Finland	$1.18
Luxembourg	$1.17
Austria	$1.15
Belgium	$1.14
Italy	$1.09
Spain	$1.08
Greece	$0.91
Portugal	$0.87
Cyprus	$0.84
Slovenia	$0.83
Serbia	$0.74
Croatia	$0.72
Estonia	$0.70
Malta	$0.69
Turkey	$0.67
Slovak Rep.	$0.66
Latvia	$0.66
Romania	$0.66
Czech Rep.	$0.65
Poland	$0.65
Russia	$0.64
Hungary	$0.64
Lithuania	$0.59
Albania	$0.53
Bulgaria	$0.47
Macedonia	$0.43
Belarus	$0.39
Moldova	$0.38
Bosnia & H.	$0.34
Ukraine	$0.33

 

 

Hungary: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

Hungary does not publish any house price or rents time-series, either official or private, although Budapest hosts the Metropolitan Research Institute, a housing research organisation. General economic statistics for Hungary are available from the Central Bank and the Central Statistical Office.