Hungary

Ease of Doing Business in

Hungary

This page summarizes Doing Business 2013 data for Hungary. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region OECD high income
Income Category High income
Population 9,971,000
GNI Per Capita (US$) 12,730
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
54 49 down -5

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
66.9 66.6 down 0.3
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 52 39 up -13
Dealing with Construction Permits 55 53 up -2
Getting Electricity 109 106 up -3
Registering Property 43 41 up -2
Getting Credit 53 52 up -1
Protecting Investors 128 124 up -4
Paying Taxes 118 117 up -1
Trading Across Borders 73 77 up 4
Enforcing Contracts 16 18 up 2
Resolving Insolvency 70 67 up -3

Economy Profile

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Getting Electricity

Info

The challenges required for a business to obtain a permanent electricity connection for a newly constructed warehouse are shown below. Included are the number of steps, time, and cost.

DB 2013 Rank 109 DB 2012 Rank 106 Change in Rank down-3
DB 2013 DTF** (% points) 53.6 DB 2012 DTF** (% points) 53.6 Improvement in DTF** (% points) 0.0
Indicator Hungary OECD high income OECD

The number of procedures to obtain a permanent electricity connection. A procedure is defined as any interaction of the company employees or the company’s main electrician with external parties.

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Procedures (number)
5 -- 5

The number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

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Time (days)
252 -- 98

The cost is recorded as a percentage of the economy’s income per capita. Costs are recorded exclusive of value added tax.

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Cost (% of income per capita)
116.9 -- 93.0
No. Procedure Time to Complete Associated Costs
1 Submit application with ELMŰ Hálózati Kft. and await estimate (preliminary grid connection contract) 20 calendar days no charge
* 2 ELMŰ Hálózati Kft. carries out external inspection of the site 1 calendar day no charge
3 Obtain external connection works by ELMŰ Hálózati Kft. 224 calendar days HUF 3,094,800.0
* 4 ELMŰ Hálózati Kft. carries out second external inspection 1 calendar day no charge
5 Sign Grid Usage contract, grid connection contract and supply contract, obtain meter installation, final connection and flow of electricity 8 calendar days no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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