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||1996 - 2015
Hungary is a rapidly developing country and the fifth largest national economy in Central and Eastern Europe. The automotive sector is one of Hungary’s leading industries, accounting for 20 percent of total exports. Around 700 companies, employing approximately over 130,000 people, generated more than EUR 21 billion in revenue in 2014, as over 2.4 million engines and 400,000 passenger cars have been manufactured. 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. Content for - Hungary GDP Growth Rate - was last refreshed on Thursday, November 26, 2015.