Hungary - Country Summary
|Population||Literacy rate||GDP per capita||Unemployment rate||Inflation rate||Ethnic Groups (%)|
|9.98||99||17,300||7.2||3.7||89.9||11.1 (predominantly eastern European)|
Since the Education Bill came into force in September 1993, education in Hungary has been under state control. However, individuals and legal entities have the legal right to found educational institutions.
The system consists of eight years of primary/elementary, four years of secondary and higher education. In 2003 education was made compulsory for children between the ages of 6 and 18 for all pupils entering education from 1998. Previously education was compulsory between the ages of 6 and 16.
By law, all higher education institutions must be accredited according to a uniform procedure. Institutions which have not fulfilled the requirements stipulated by law will not be permitted to operate as universities.
The medium of instruction is Hungarian (except in certain nursery, primary and secondary schools for ethnic minorities).
The academic year runs from the beginning of September to the end of June.
Legislative power is held by a 386 seat National Assembly, elected by a combination of proportional representation and single seat constituencies. The National Assembly is elected for four years and this body in turn elects the Council of Ministers on the advice of the President. The President is elected by the National Assembly to serve a maximum of two four year terms.
Economics / Resources
Hungary has one of the fastest growing economies in Europe and has been granted EU membership from 2004. It has a strong private sector with a high degree of foreign ownership resulting in considerable foreign direct investment.