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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Hungary

32.0

Moderate · 30+Rank 118 of 192+2.6 against the previous edition · #125 → #118Europe · Central Europe · 5 of 5 sub-indices available
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Rank in its region15 / 42Europe
Rank in its income group21 / 62High income
Comparable countriesRomaniaIGE 32.9 · distance 1.9Comparable countriesCosta RicaIGE 31.3 · distance 2.4

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Political and security events (90 days): 85.4 (2026), risk percentile 89.source
  • Reserves in months of imports: 3.5 months (2025), risk percentile 82.source
  • Import concentration (HHI): 0.57 (2025), risk percentile 77.source
  • Export concentration (HHI): 0.68 (2025), risk percentile 68.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints35Effective 25 %
Sanctions21Effective 25 %
Commodity concentration32Effective 20 %
Institutional fragility37Effective 15 %
Sovereign stress40Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

100c7d9ef9066f627a02d22e326dfade0b8d6121832bb2ae9c4d38b85e4e5c7b

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 34.7

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)19.9 % of GDP · percentile 37
Total chokepoint exposure (2025)54.8 % of GDP · percentile 54
Net energy import dependence (2024)49.5 % · percentile 53
Fuel share of imports (2025)8.7 % · percentile 22
Landlocked (transit dependence) (2026)no · percentile 0
Logistics performance (LPI) (2022)3.2 · percentile 42

Sanctions · 21.1

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)10 · percentile 38
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)1 · percentile 17
Exposure to sanctioned partners (2023)40.6 · percentile 51

Commodity concentration · 32.3

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2025)0.68 · percentile 68
Import concentration (HHI) (2025)0.57 · percentile 77
Fuel and food share of imports (2025)15.9 % · percentile 4
Natural resource rents (2021)0.4 % of GDP · percentile 1
Terms-of-trade volatility (2024)5.3 % · percentile 12

Institutional fragility · 37.0

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)62.2 · percentile 43
Political stability and absence of violence (WGI) (2025)74.5 · percentile 25
Government effectiveness (WGI) (2025)62 · percentile 39
Control of corruption (WGI) (2025)48.1 · percentile 54
INFORM risk index (2026)2.2 · percentile 7
Battle-related deaths per 100,000 peopleinsufficient data
Intentional homicides per 100,000 people (2023)0.72 · percentile 1
New conflict displacements per 1,000 peopleinsufficient data
Political and security events (90 days) (2026)85.4 · percentile 89
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 40.1

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2025)3.5 months · percentile 82
Current account balance (2025)1.7 % of GDP · percentile 39
Annual inflation (2025)4.4 % · percentile 17
Annual depreciation against the dollar (2025)-3.4 % · percentile 17
External debt to GNInot applicable
Debt service to exportsnot applicable
Short-term debt to reservesnot applicable
Broad money to reserves (2024)2.9× · percentile 15
Interest payments to revenue (2024)12.2 % · percentile 44
Intelrift daily country risk (2026)37 · percentile 67