Hungary GDP Growth Rate  1995-2017 | Data | Chart | Calendar | Forecast

The Hungarian economy expanded by 0.3 percent quarter-on-quarter in the three months to September of 2016, slowing from a 1 percent growth in the previous period but better than preliminary estimate of 0.2 percent gain. GDP Growth Rate in Hungary averaged 0.53 percent from 1995 until 2016, reaching an all time high of 2.10 percent in the first quarter of 2002 and a record low of -4 percent in the first quarter of 2009.

Hungary GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-06 07:00 AM Q2 1.0% -0.5% 1.1% 1.1%
2016-11-15 08:00 AM Q3 0.2% 1.0% 0.5%
2016-12-06 08:00 AM Q3 0.3% 1.0% 0.2% 0.2%
2017-02-14 08:00 AM Q4 0.3% 0.9%
2017-03-07 08:00 AM Q4 0.3% 0.9%
2017-05-12 07:00 AM Q1 0.7%




Hungary GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 1.00 2.10 -4.00 percent [+]
GDP Annual Growth Rate 2.20 2.80 5.60 -7.80 percent [+]
GDP 121.72 139.30 157.29 4.69 USD Billion [+]
GDP Constant Prices 6398029.00 6212248.00 6545066.00 3664706.00 HUF Million [+]
Gross Fixed Capital Formation 1231833.00 1156447.00 1429400.00 738762.00 HUF Million [+]
GDP per capita 14516.68 14042.56 14516.68 8507.52 USD [+]
GDP per capita PPP 24717.89 23910.60 24717.89 14485.95 USD [+]
GDP From Agriculture 229656.00 225081.00 247393.00 132754.00 HUF Million [+]
GDP From Construction 190473.00 170598.00 285234.00 146447.00 HUF Million [+]
GDP From Manufacturing 1195996.00 1233952.00 1287911.00 554378.00 HUF Million [+]
GDP From Public Administration 983899.00 983039.00 983899.00 714115.00 HUF Million [+]
GDP From Services 3548228.00 3525758.00 3548228.00 2316284.00 HUF Million [+]
GDP From Transport 279980.00 274488.00 292819.00 171600.00 HUF Million [+]



Hungary GDP Growth Rate Notes

On the expenditure side, household consumption is the main component of GDP and accounts for 50 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Exports of goods and services account for 89 percent of GDP while imports account for 82 percent, adding 7 percent of total GDP. This page provides - Hungary GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 1.00 2.10 -4.00 1995 - 2016 percent Quarterly



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Bulgaria 0.70 Sep/16
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Slovakia 0.70 Sep/16
Spain 0.70 Sep/16
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Cameroon 0.30 Mar/16
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Hungary 0.30 Sep/16
Italy 0.30 Sep/16
Japan 0.30 Sep/16
Belgium 0.20 Sep/16
Czech Republic 0.20 Sep/16
Estonia 0.20 Sep/16
France 0.20 Sep/16
Germany 0.20 Sep/16
Latvia 0.20 Sep/16
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Serbia 0.00 Jun/16
Switzerland 0.00 Sep/16
Luxembourg -0.10 Sep/16
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Australia -0.50 Sep/16
Norway -0.50 Sep/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
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Brazil -0.80 Sep/16
Senegal -1.70 Sep/16
Dominican Republic -2.18 Sep/16
Turkey -2.70 Sep/16
Trinidad And Tobago -2.80 Jun/16