<\/a>With an economy based mainly on services (68.2%), industry (28.5%) and agriculture (3.3%), Hungary\u2019s GDP in 2012 was of $198.8 billion, lower than the one in 2011 – $202.2 billion \u2013 and almost the same as the one in 2010 – $198.9 billion. Even though in 2010 and in 2011 Hungary had a positive economic growth (1.2% in 2010 and 1.7% in 2011), in 2012 it recorded a negative growth rate of -1.7%. As an effect, the GDP per capita was in 2012 of $20,000. Also, the unemployment rate is of about 10.9% and approximately 14% of the Hungarians live below the World Bank\u2019s poverty line. Between 2011 and 2012, the Budapest government marked a failed attempt of obtaining financial backstop from the International Monetary Fund (IMF) and the European Union (EU). Since joining the EU in 2004, Hungary has been subject to the European Commission’s Excessive Deficit Procedure. Brussels has requested that the government outline measures to sustainably reduce the budget deficit to under 3% of GDP.<\/p>\n","protected":false},"excerpt":{"rendered":"Hungary is a landlocked country in Central Europe, northwest of Romania. With a total area of 35,919 square miles, Hungary is slightly smaller than Indiana and is ranked 110th among the largest countries in the world. Hungary’s 2013 population is approximately 9,900,000 people and the country has a density of 279 inhabitants per square mile. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[21],"tags":[],"_links":{"self":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts\/928"}],"collection":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/comments?post=928"}],"version-history":[{"count":19,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts\/928\/revisions"}],"predecessor-version":[{"id":2744,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts\/928\/revisions\/2744"}],"wp:attachment":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/media?parent=928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/categories?post=928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/tags?post=928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}