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

The Gross Domestic Product (GDP) in Hungary expanded 0.90 percent in the first quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Hungary averaged 2.20 percent from 1996 until 2016, reaching an all time high of 5.60 percent in the first quarter of 2000 and a record low of -7.80 percent in the second quarter of 2009. GDP Annual Growth Rate in Hungary is reported by the Hungarian Central Statistical Office.

Hungary GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.90 3.20 5.60 -7.80 1996 - 2016 percent Quarterly
Hungary is the largest electronics producer in Central and Eastern Europe. Electronics manufacturing and research are among the main drivers of innovation and economic growth in the country. In the past 20 years Hungary has also grown into a major center for mobile technology, information security, and related hardware research. 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-12 08:00 AM Q4 3.2% 2.4% 2.7% 2.5%
2016-03-08 08:00 AM Q4 3.2% 2.4% 3.2% 3.2%
2016-05-13 07:00 AM Q1 0.9% 3.2% 2.3% 3.3%
2016-06-07 07:00 AM Q1 3.2% 0.9% 0.9%
2016-08-12 07:00 AM Q2 0.37%
2016-09-06 07:00 AM Q2

Hungary GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.80 1.00 2.00 -3.90 percent [+]
GDP Annual Growth Rate 0.90 3.20 5.60 -7.80 percent [+]
GDP 138.35 134.40 156.58 4.69 USD Billion [+]
GDP Constant Prices 6481916.00 6198421.00 6481916.00 3657680.00 HUF Million [+]
Gross Fixed Capital Formation 1392384.00 1369775.00 1429407.00 738483.00 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 169077.00 168611.00 247071.00 132644.00 HUF Million [+]
GDP From Construction 222826.00 222111.00 285909.00 146657.00 HUF Million [+]
GDP From Manufacturing 1239010.00 1209200.00 1291751.00 556270.00 HUF Million [+]
GDP From Public Administration 956790.00 952322.00 974859.00 714438.00 HUF Million [+]
GDP From Services 3463339.00 3439796.00 3463339.00 2309786.00 HUF Million [+]
GDP From Transport 272879.00 272495.00 292876.00 171827.00 HUF Million [+]




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