Hungary participated in the Eurovision Song Contest 2011 with the song "What About My Dreams?" written by Viktor Rakonczai, Gergő Rácz, Johnny K. Palmer and Péter Geszti. The song was performed by Kati Wolf. Songwriters Viktor Rakonczai and Gergő Rácz represented Hungary in the Eurovision Song Contest 1997 as part of the boy band V.I.P., placing twelfth in the competition with the song "Miért kell, hogy elmenj?". In December 2010, the Hungarian public broadcaster Magyar Televízió (MTV) announced that they would be returning to the Eurovision Song Contest after a one-year absence following their withdrawal in 2010 due to financial difficulties. The Hungarian entry for the 2011 contest in Düsseldorf, Germany was selected internally by MTV, and "What About My Dreams?" performed by Kati Wolf was announced as the Hungarian entry on 9 March 2011.

The Eurovision Song Contest 2011 was the 56th edition of the Eurovision Song Contest. It took place in Düsseldorf, Germany, following the country's victory at the 2010 contest with the song "Satellite" by Lena. Organised by the European Broadcasting Union (EBU) and host broadcasters Arbeitsgemeinschaft Rundfunkanstalten Deutschland (ARD) and Norddeutscher Rundfunk (NDR), the contest was held at the Düsseldorf Arena and consisted of two semi-finals on 10 and 12 May, and a final on 14 May 2011. The three live shows were presented by German comedians Anke Engelke and Stefan Raab, and television presenter Judith Rakers.