Hungary Current Account to GDP  1980-2016 | Data | Chart | Calendar

Hungary is expected to record a current account surplus equivalent to 5 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Hungary averaged -3.43 percent from 1980 until 2015, reaching an all time high of 4.10 percent in 2014 and a record low of -10.80 percent in 1993.

Hungary Current Account to GDP
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Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 274000.00 310582.87 349235.63 -246915.00 HUF Million [+]
Exports 2479000.00 2597088.93 2654049.04 26300.00 HUF Million [+]
Imports 2205000.00 2286506.06 2312661.03 27000.00 HUF Million [+]
Current Account 1767.00 1535.00 1767.00 -2319.51 EUR Million [+]
Current Account to GDP 5.00 4.00 4.10 -10.80 percent [+]
External Debt 114419.40 113583.04 142673.70 22026.90 EUR Million [+]
Terms of Trade 101.13 102.49 104.59 96.04 Index Points [+]
Capital Flows 2102.80 1287.80 5867.50 -2908.00 EUR Million [+]
Foreign Direct Investment -587.30 -8339.10 4221.40 -15369.20 EUR Million [+]
Remittances 204.40 258.20 446.40 46.20 EUR Million [+]
Gold Reserves 3.08 3.08 3.14 3.08 Tonnes [+]
Crude Oil Production 13.00 14.00 46.43 11.00 BBL/D/1K [+]
Terrorism Index 0.23 1.19 2.32 0.00 [+]



Hungary Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Hungary Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.00 4.10 -10.80 1980 - 2015 percent Yearly



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