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Budapest portal

Coat of arms of Budapest

Budapest (Hungarian: [ˈbudɒpɛʃt] (About this sound listen)) is the capital and the most populous city of Hungary, and the tenth-largest city in the European Union by population within city limits. The city had an estimated population of 1,752,704 in 2016 distributed over a land area of about 525 square kilometres (203 square miles). Budapest is both a city and county, and forms the centre of the Budapest metropolitan area, which has an area of 7,626 square kilometres (2,944 square miles) and a population of 3,303,786, comprising 33 percent of the population of Hungary. The Budapest metropolitan area had a GDP of $141.0 billion (€129.4 billion) in 2016, accounting for 49.6 percent of the GDP of Hungary. GDP per capita in the city is $64,283, which means 148% of the EU average measured on purchasing power parity. Thereby the city is among the top 100 GDP performing cities in the world.

Budapest is a leading global city with strengths in commerce, finance, media, art, fashion, research, technology, education, and entertainment. It is a leading R&D and financial centre and the highest ranked Central and Eastern European city on Innovation Cities Top 100 index, as well ranked as the second fastest-developing urban economy in Europe. The city is home to the 2nd largest stock exchange by market capitalization in Central and Eastern Europe, the Budapest Stock Exchange and its business district hosts the headquarters of the largest national and international banks and companies. Budapest is host to many major international organization's regional offices, including the United Nations and ICDT, furthermore it is the headquarters of the European Institute of Innovation and Technology, the European Police College and the first foreign office of the China Investment Promotion Agency. Over 40 colleges and universities are located in Budapest, including the Eötvös Loránd University, Semmelweis University and Budapest University of Technology and Economics, which have been ranked among the top 500 in the world. Opened in 1896, the city's subway system, the Budapest Metro, serves 1.27 million, while the Budapest Tram Network serves 1.08 million passengers daily. Budapest ranked as the most liveable Central and Eastern European city on EIU's quality of life index. Read more...

Selected article

BKV is the unified public transport company of the city of Budapest, the capital of Hungary.

The city-owned BKV runs an extensive network of surface mass transportation, with a heavy emphasis on bus service. The bus fleet includes 1200 diesel vehicles on 200 routes and 15 electric trolleybus lines. Night service is exclusively provided by buses.

BKV operates 35 city tram lines and five municipal railways into the suburban agglomeration. The Budapest Metro underground railway network is less extensive, including three full-sized metros and the Millennium Underground, a small-sized underground tramway, which is more than 100 years old and was the first underground on the European continent.

Approximately 55% of traffic in Budapest, a city with 1.7 million inhabitants, is still carried by BKV vehicles, with 45% remaining for private cars. During 2003 1.4 billion passengers travelled with BKV. During the last decade of the Communist era Budapest had 2 million residents and the public vs. private travel proportion was 80% / 20% in favor of mass transit.

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Selected picture

Budapest Parliament interior2 BÅn.JPG
Hungarian Parliament Building, interior

Photo credit: Photo: Bengt Olof Åradsson


Did you know

...that the Dohány Street Synagogue is the largest synagogue in Europe and the second largest in the world?

...that at its erection time (1933) the Lakihegy Tower (314 metre high) was Europe's highest structure?

...that the Western Railway Station (opened in 1877) was built by the Eiffel company?

...that the Austrian composer Gustav Mahler was the director of the Hungarian State Opera from 1888 to 1891?

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