Hungary Current Account to GDP 1980-2014 | Data | Chart | Calendar

Hungary recorded a Current Account surplus of 3 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Hungary averaged -3.97 Percent from 1980 until 2013, reaching an all time high of 3 Percent in 2013 and a record low of -10.80 Percent in 1993. Current Account to GDP in Hungary is reported by the Eurostat.

   
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Hungary Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
3.00 0.80 3.00 -10.80 1980 - 2013 percent Yearly
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. Content for - Hungary Current Account to GDP - was last refreshed on Sunday, November 23, 2014.

Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 298600.00 88220.79 298600.00 -246914.83 HUF Million [+]
Exports 2427100.00 1880600.06 2427100.00 26300.00 HUF Million [+]
Imports 2128500.00 1792379.27 2128500.00 27000.00 HUF Million [+]
Current Account 809.00 1067.00 1235.00 -2384.69 EUR Million [+]
Current Account to GDP 3.00 0.80 3.00 -10.80 percent [+]
External Debt 121294.42 121294.42 142673.70 22026.90 EUR Million [+]
Terms of Trade 102.00 101.09 104.59 96.04 Index Points [+]
Foreign Direct Investment 15.00 10.48 15.00 1.44 EUR Billion [+]
Remittances 11.00 11.00 16.00 4.00 EUR Million [+]
Capital Flows 2298.00 1548.50 9251.30 -4230.50 EUR Million [+]
Gold Reserves 3.08 3.08 3.14 3.08 Tonnes [+]
Crude Oil Production 11.00 12.00 46.43 11.00 BBL/D/1K [+]