Hungary GDP Growth Rate  1996-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product in Hungary expanded 1 percent on quarter in the last three months of 2015, accelerating from an upwardly revised 0.7 percent increase in the previous period. It is the strongest growth rate in six quarters, preliminary estimates showed. GDP Growth Rate in Hungary averaged 0.56 percent from 1996 until 2015, 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 0.60 2.00 -3.90 1996 - 2015 percent Quarterly
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. Hungary GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-13 08:00 AM Q3 0.5% 0.5% 0.5%
2015-12-04 08:00 AM Q3 0.6% 0.5% 0.5% 0.5%
2016-02-12 08:00 AM Q4 1% 0.7% 0.7%
2016-03-08 08:00 AM Q4 0.7% 1% 1%
2016-05-13 07:00 AM Q1 0.85%
2016-06-07 07:00 AM Q1

Hungary GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.60 2.00 -3.90 percent [+]
GDP Annual Growth Rate 3.20 2.40 5.60 -7.80 percent [+]
GDP 138.35 134.40 156.58 4.69 USD Billion [+]
GDP Constant Prices 6203330.00 5959136.00 6252810.00 3653386.00 HUF Million [+]
Gross Fixed Capital Formation 1325292.00 1318305.00 1425179.00 737534.00 HUF Million [+]
GDP per capita 11888.11 11434.67 11888.11 2037.07 USD [+]
GDP per capita PPP 23609.00 22708.49 23609.00 14407.49 USD [+]
GDP From Agriculture 164474.00 159925.00 246647.00 132923.00 HUF Million [+]
GDP From Construction 222535.00 236918.00 271517.00 145635.00 HUF Million [+]
GDP From Manufacturing 1184559.00 1203222.00 1290432.00 553267.00 HUF Million [+]
GDP From Public Administration 952617.00 945920.00 960076.00 714501.00 HUF Million [+]
GDP From Services 3443916.00 3389944.00 3443916.00 2309216.00 HUF Million [+]
GDP From Transport 273046.00 272384.00 293334.00 172056.00 HUF Million [+]




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