Population, Total for Hungary
POPTOTHUA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,562,314.00
Year-over-Year Change
-3.61%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Hungary' series measures the total population of Hungary. This metric is crucial for economists and policymakers to understand demographic trends and their impact on the Hungarian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total population residing within the geographic boundaries of Hungary, regardless of legal status or citizenship. It is an essential indicator for analyzing population dynamics, labor force, and consumer demand in the country.
Methodology
The data is collected by the World Bank through census surveys and official population registers.
Historical Context
Population data is widely used by governments, international organizations, and analysts to inform economic and social policies.
Key Facts
- Hungary's population is approximately 9.7 million as of 2021.
- The population has declined by 3.7% since 2010.
- Hungary has an aging population, with 19.1% of the population aged 65 or older.
FAQs
Q: What does this economic trend measure?
A: This series measures the total population residing within the geographic boundaries of Hungary, regardless of legal status or citizenship.
Q: Why is this trend relevant for users or analysts?
A: Population data is crucial for understanding demographic trends and their impact on the Hungarian economy, including labor force, consumer demand, and the need for social services.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through census surveys and official population registers.
Q: How is this trend used in economic policy?
A: Population data is widely used by governments, international organizations, and analysts to inform economic and social policies, such as labor force planning, infrastructure development, and social welfare programs.
Q: Are there update delays or limitations?
A: The population data is updated annually, and there may be some delays in reporting due to the time required for data collection and processing.
Related Trends
Number of Bank Accounts for Hungary
DDAI01HUA642NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Hungary
HUNCPHP0700GYM
Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Hungary
IDS1YMAORIGGHU
Sales: Retail Trade: Total Retail Trade: Volume for Hungary
SLRTTO01HUA657S
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Hungary
HUNSLRTTO01IXOBM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Hungary
LRHU24MAHUA156N
Citation
U.S. Federal Reserve, Population, Total for Hungary (POPTOTHUA647NWDB), retrieved from FRED.