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

The Hungarian economy advanced 3.2 percent year-on-year in three months to December of 2015, accelerating from a 2.4 percent growth in the previous period, preliminary estimates showed. On a quarterly basis, GDP expanded 1.0 percent, compared to an upwardly revised 0.7 percent growth in the third quarter. For the full 2015, the economy advanced 2.9 percent, slowing from a 3.7 percent expansion in the previous year. GDP Annual Growth Rate in Hungary averaged 2.21 percent from 1996 until 2015, 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
3.20 2.40 5.60 -7.80 1996 - 2015 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-13 08:00 AM Q3 2.3% 2.7% 2.5% 2.4%
2015-12-04 08:00 AM Q3 2.4% 2.7% 2.3% 2.3%
2016-02-12 08:00 AM Q4 3.2% 2.4% 2.7% 2.5%
2016-03-08 08:00 AM Q4 2.4% 3.2% 3.2%
2016-05-13 07:00 AM Q1 3.57%
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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