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Photo of the old town of Budapest

Photo of the old town of Budapest, capital of Hungary


The largest city in the country, Budapest is the main political, cultural, commercial and industrial center. It houses the Hungarian Parliament, ministerial buildings and embassies of the country as well as the headquarters of companies established in Hungary. Its former status of co-capital of Austria-Hungary gives it an important influence in the Mitteleuropa. The partition of the Kingdom of Hungary following the Treaty of Trianon in 1920 makes it a disproportionate city for Hungary in its current borders. The city's macrocephaly is reflected in the convergence of most of the country's road and rail networks at its center and disproportionate demographic and economic disparities between the capital and the province (almost 20% of the Hungarian population is from Budapest) . With 1,702,297 inhabitants (the urban area has 2,524,697 inhabitants), Budapest is also the most populated city in Central Europe (excluding Berlin from Central Europe). It is also considered from the point of view of economic exchanges as an important hub. Budapest is home to the headquarters of the European Institute of Innovation and Technology (EIT). © Photo of Emmanuel Buchot

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