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What are the biggest online retailers in Hungary?
kifli.hu leads this market with revenues of US$137.3 million in 2023. Followed by alza.hu with sales of US$107.6 million and then shein.com with sales of US$102.4 million. Together, the top three online stores account for a market share of 14.0% of the top 100 stores in the Hungarian eCommerce market.Most Visited Ecommerce & Shopping Websites in Hungary

Rank Website Category
1 arukereso.hu Ecommerce & Shopping > Price Comparison
2 jofogas.hu Ecommerce & Shopping > Classifieds
3 emag.hu Ecommerce & Shopping > Marketplace
4 ingatlan.com Ecommerce & Shopping > Classifieds

Top websites in Hungary (All Industries)

Domain Visits Desktop share
g google.hu 25M 42.5%10.62M
2 24.hu 24.79M 25.29%6.27M
a arukereso.hu 22.01M 27.42%6.03M
i instagram.com 20.33M 44.63%9.07M

Who is the #1 online retailer : Amazon has long dominated the e-commerce market as the world's favorite online marketplace. In 2022, company hit over half a trillion U.S. dollars in net sales.

How big is the eCommerce market in Hungary

HUF 565 billion

The revenue of fifteen eCommerce market players in Hungary accounted for HUF 565 billion (USD 1,66 billion) in 2022 representing a 9% increase compared to 2021.

Why is Hungary so cheap : But services/products that need a lot of manpower can be really much cheaper because of the lower wages. Furthermore, some international companies (car manufacturers for example) have sophisticated pricing strategies offering cheaper prices in Hungary to promote sales.

Budapest is unequivocally the wealthiest city in Hungary. It's the capital, and as well the economical, financial, cultural and intellectual center of Hungary.

Based on our data, the American online retail sphere is essentially a story of giants and their followers. The top three online stores — Amazon.com, Walmart.com, and Apple.com — distinctly dominate the field, collectively amassing over US$225 billion in net sales.

What is the largest Internet retailer

Amazon.com leads the global e-commerce market, boasting a worldwide revenue of 133.5 billion U.S. dollars in 2022, closely followed by jd.com at 133.4 billion dollars.The service sector in Hungary represents 60% of the GDP and forecasts have shown that the industry will further grow due to local investments. Manufacturing industry in Hungary accounts for 30% of the GDP. Another important industry is tourism, which employs almost 150,000 individuals.MOL Nyrt.

As of 2021, MOL Nyrt., the multinational oil and gas company with its headquarters in Budapest, was the leading company in Hungary considering its revenue, which totaled nearly six quadrillion forints. MVM Zrt., the state-owned energy company, ranked second with an annual revenue of 2.9 quadrillion forints.

Economy of Hungary

Trade organisations European Union, OECD, AIIB and WTO
Country group Developing country High-income economy
Statistics
Population 9,609,641 (2022)
GDP $223 billion (nominal, 2024) $438 billion (PPP, 2024)

Is Hungary the cheapest country in Europe : The reason is Hungary's low-cost living conditions, as well as its great quality of life. It is no surprise that Hungary is one of the cheapest European countries to live in. Naturally, in Budapest (the capital), the cost of living will be higher; generally by 10% to 30%.

Who is a billionaire in Hungary : Estimated net worth of the ten richest Hungarians in 2023 (in billion forints)

Characteristic Net worth in billion forints
Lőrinc Mészáros and his family 591.3
Sándor Csányi 573.7
Zsolt Felcsuti 442.9
Tibor Veres 438.2

Who are the top 5 retailers

Top 100 Retailers 2023 List

Rank Company 2022 worldwide retail sales (billions)
1 Walmart $600.94
2 Amazon.com $343.33
3 Costco Wholesale $217.53
4 The Kroger Co. $147.62


What minimum net monthly salary do you estimate is needed to be inside the top 1 percent (only salary-wise) in Budapest and Hungary in general It should be around 1.3–1.5 million HUF, calculated from available gross salary data.The Hungarian economy is the 53rd-largest economy in the world (out of 188 countries measured by IMF) with $265.037 billion annual output, and ranks 41st in the world in terms of GDP per capita measured by purchasing power parity.

What is the poorest town in Hungary : Csenger is a town in Szabolcs-Szatmár-Bereg county, in the Northern Great Plain region of eastern Hungary. It is known for being the poorest town in Hungary.