Economy

Employment Structure

Agriculture 18,48 %
Industry 38,56 %
Services 39,05 %

As you can see in the employment structure, there aren't a lot of people working in
the agriculture. You can see that there are a lot of people working in the industry
and services. The people that work in the industry, produce things and those goods can be
sold to other countries so Hungary can become rich!The people that work in the category
services, can have something to do with tourism and if there are a lot of people coming
to Hungary, it also can become rich.

This means the country is developing. That's very good!

site used: http://www.fao.org/DOCREP/006/AD270E/ad270e02.htm

Major trading partners

Germany (33.3%)
Austria (8.5%)
Italy (7.1%)
Russia (5.3%)
France (5.1%)
USA (4.7%)
Netherlands (3.9%)
UK (3.8%)

They trade a lot with rich countries like European countries.

The site used: http://www.eu2005.gov.uk/servlet/Front?pagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1113058720913

GNP Per Capita 2005

Country GNP ($) GNP (€)
Netherlands 36600 27875.10
Japan 38984 29697.57
Belgium 35712 27205
Hungary 10034 7641.46
Iraq 599 456.31

As you can see, Hungary does not have as much money as the people in the Netherlands, Japan
and Belgium have. But it does have more money than for instance Iraq has. It is 64th in the list of rich
countries (There are 224 in it) and that's of course not very bad. If you see the graph of the GDP per capita through the years, it is rising and so the country is developing. I thought that the GNP per capita
would be very low, I don't know why.

The site used for information GNP per capita: http://www.studentsoftheworld.info/infopays/rank/PNBH2.html

GDPhungary.jpg?t=1173090293

If you look at the graph, you can see that the GDP has raised over the years.This can have many reasons, for instance they trade very good with other countries. Or there are a lot of tourists
coming to Hungary (look at the employment structure, the services have a high percentage of people working in that category). The economy is rising and the country is developing. At the beginning of
the line, you can see that the line is nog very steep. That means that the GDP isn't raising very fast.
In 2004, they entered the EU. After that, the country is only doing better.

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