Hungary GDP Growth Rate  1995-2016 | Data | Chart | Calendar | Forecast

The Hungarian economy expanded 1.0 percent in the second quarter of 2016 over the previous period, following a downwardly revised 0.5 percent contraction in three months to March of 2016. GDP Growth Rate in Hungary averaged 0.53 percent from 1995 until 2016, reaching an all time high of 2 percent in the first quarter of 2002 and a record low of -3.90 percent in the first quarter of 2009. GDP Growth Rate in Hungary is reported by the Hungarian Central Statistical Office.

Hungary GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
1.00 -0.50 2.00 -3.90 1995 - 2016 percent Quarterly
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-07 07:00 AM Q1 -0.8% 1% -0.8% -0.8%
2016-08-12 07:00 AM Q2 1.1% -0.7% 0.2%
2016-09-06 07:00 AM Q2 1.0% -0.5% 1.1% 1.1%
2016-11-15 08:00 AM Q3 1.0% 1.02%
2016-12-06 08:00 AM Q3 1.0%

Hungary GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 -0.50 2.00 -3.90 percent [+]
GDP Annual Growth Rate 2.60 0.90 5.60 -7.80 percent [+]
GDP 120.69 138.35 157.09 4.69 USD Billion [+]
GDP Constant Prices 6142346.00 5559367.00 6481916.00 3657680.00 HUF Million [+]
Gross Fixed Capital Formation 1124830.00 1210059.00 1429407.00 738483.00 HUF Million [+]
GDP per capita 14374.61 13933.39 14374.61 8485.54 USD [+]
GDP per capita PPP 24474.49 23723.25 24474.49 14447.64 USD [+]
GDP From Agriculture 190316.00 169761.00 247161.00 132644.00 HUF Million [+]
GDP From Construction 176303.00 169508.00 285658.00 146657.00 HUF Million [+]
GDP From Manufacturing 1222838.00 1203665.00 1286501.00 556270.00 HUF Million [+]
GDP From Public Administration 960077.00 957070.00 975110.00 714438.00 HUF Million [+]
GDP From Services 3510463.00 3470202.00 3510463.00 2309754.00 HUF Million [+]
GDP From Transport 276869.00 274283.00 293334.00 171905.00 HUF Million [+]




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Bangladesh 7.05 Dec/16
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Vietnam 5.55 Jun/16
Angola 4.90 Dec/15
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Indonesia 4.02 Jun/16
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
South Africa 3.30 Jun/16
Sri Lanka 2.60 Jun/16
Paraguay 2.50 Jun/16
Iceland 2.10 Jun/16
Botswana 1.80 Mar/16
China 1.80 Jun/16
Philippines 1.80 Jun/16
Costa Rica 1.75 Mar/16
Hong Kong 1.60 Jun/16
El Salvador 1.55 Dec/15
Romania 1.50 Jun/16
Saudi Arabia 1.50 Mar/16
Tanzania 1.50 Sep/10
India 1.40 Jun/16
Mongolia 1.40 Jun/16
Bosnia and Herzegovina 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Albania 1.20 Mar/16
Bahrain 1.20 Jun/16
Ghana 1.10 Mar/16
United States 1.10 Jun/16
Hungary 1.00 Jun/16
Israel 1.00 Jun/16
Czech Republic 0.90 Jun/16
Mauritius 0.90 Mar/16
New Zealand 0.90 Jun/16
Poland 0.90 Jun/16
Slovakia 0.90 Jun/16
Nigeria 0.82 Jun/16
South Korea 0.80 Jun/16
Spain 0.80 Jun/16
Thailand 0.80 Jun/16
Bulgaria 0.70 Jun/16
Cyprus 0.70 Jun/16
Luxembourg 0.70 Mar/16
Malaysia 0.70 Jun/16
Ireland 0.60 Jun/16
Latvia 0.60 Jun/16
Moldova 0.60 Jun/16
Netherlands 0.60 Jun/16
Switzerland 0.60 Jun/16
Ukraine 0.60 Jun/16
United Kingdom 0.60 Jun/16
Australia 0.50 Jun/16
Belgium 0.50 Jun/16
Croatia 0.50 Jun/16
Denmark 0.50 Jun/16
Estonia 0.50 Jun/16
Slovenia 0.50 Jun/16
Sweden 0.50 Jun/16
European Union 0.40 Jun/16
Germany 0.40 Jun/16
Tunisia 0.40 Mar/16
Austria 0.30 Jun/16
Cameroon 0.30 Mar/16
Euro Area 0.30 Jun/16
Portugal 0.30 Jun/16
Singapore 0.30 Jun/16
Turkey 0.30 Jun/16
Colombia 0.20 Jun/16
Greece 0.20 Jun/16
Japan 0.20 Jun/16
Lithuania 0.20 Jun/16
Malta 0.20 Jun/16
Taiwan 0.15 Jun/16
Belize 0.05 Jun/16
Finland 0.00 Jun/16
Italy 0.00 Jun/16
Mozambique 0.00 Jun/16
Norway 0.00 Jun/16
Peru 0.00 Mar/16
Serbia 0.00 Jun/16
Uruguay 0.00 Jun/16
France -0.10 Jun/16
Mexico -0.20 Jun/16
Canada -0.40 Jun/16
Chile -0.40 Jun/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.60 Jun/16
Jamaica -0.60 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Rwanda -1.40 Jun/16
Dominican Republic -1.67 Mar/16
Ecuador -1.90 Mar/16
Argentina -2.10 Jun/16
Senegal -2.50 Jun/16
Qatar -2.60 Mar/16
Trinidad And Tobago -3.90 Mar/16
Namibia -6.20 Jun/16