http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/hungary/current-account-to-gdpHungary reported a Current Account surplus of 1.4 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2010, Hungary Current Account to GDP averaged -4.3700 Percent reaching an all time high of 2.1000 Percent in December of 2010 and a record low of -10.8000 Percent in December of 1993. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Hungary Current Account to GDP. EurostatFri, 25 May 2012 18:41:00 GMThttp://www.tradingeconomics.com/hungary/consumer-confidenceIn Hungary, consumer confidence improved to -48.8 in April of 2012 from -49.9 in March of 2012. Historically, from 1996 until 2012, Hungary Consumer Confidence averaged -33.3700 reaching an all time high of 0.5000 in August of 2002 and a record low of -72.3000 in April of 2009. In Hungary, GKI Economic Research consumer confidence index measures the level of optimism that consumers have about the performance of the economy. The consumer confidence index is calculated from responses given to questions concerning the actual and the expected financial position of households, the actual and the expected economic situation of the country, and the purchase of higher value consumer durables. This page includes a chart with historical data for Hungary Consumer Confidence.GKI Economic Research Co.Fri, 25 May 2012 13:01:00 GMThttp://www.tradingeconomics.com/hungary/business-confidenceIn Hungary, business confidence declined to -9 in April of 2012 from -8.1 in March of 2012. Historically, from 1996 until 2012, Hungary Business Confidence averaged -7.8400 reaching an all time high of 6.1000 in November of 1997 and a record low of -37.7000 in March of 2009. In Hungary, GKI Economic Research business confidence index measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. GKI approaches 5-6 thousand companies with legal status employing more than 20 persons each month. Out of them, some 1000-1200 undertakings respond to its questionnaire. . This page includes a chart with historical data for Hungary Business Confidence.GKI Economic Research Co.Fri, 25 May 2012 13:01:00 GMThttp://www.tradingeconomics.com/hungary/retail-salesRetail Sales in Hungary increased 0.50 percent in March of 2012 over the previous month. Historically, from 2000 until 2012, Hungary Retail Sales averaged 0.2100 Percent reaching an all time high of 3.0000 Percent in January of 2003 and a record low of -7.1000 Percent in January of 2001. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Hungary Retail Sales.EurostatThu, 24 May 2012 15:28:00 GMThttp://www.tradingeconomics.com/hungary/retail-sales-annualRetail Sales in Hungary increased 0.90 percent in March of 2012 over the same month in the previous year. Historically, from 1999 until 2012, Hungary Annual Retail Sales averaged 2.6000 Percent reaching an all time high of 14.3000 Percent in December of 1999 and a record low of -7.8000 Percent in November of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Hungary Annual Retail Sales.EurostatThu, 24 May 2012 15:27:00 GMThttp://www.tradingeconomics.com/hungary/gdp-growthThe Gross Domestic Product (GDP) in Hungary contracted 1.30 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2012, Hungary GDP Growth Rate averaged 0.5200 Percent reaching an all time high of 2.0000 Percent in March of 2002 and a record low of -3.3000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Hungarian economy is a medium-sized, structurally, politically, and institutionally open economy in Central Europe and is part of the EU single market. Hungary is a rapidly developing country and the fifth largest national economy in Central and Eastern Europe. This page includes a chart with historical data for Hungary GDP Growth Rate.Hungarian Central Statistical OfficeTue, 15 May 2012 11:46:00 GMThttp://www.tradingeconomics.com/hungary/gdp-growth-annualThe Gross Domestic Product (GDP) in Hungary contracted 0.70 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1996 until 2012, Hungary GDP Annual Growth Rate averaged 2.2400 Percent reaching an all time high of 5.6000 Percent in March of 2000 and a record low of -8.1000 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Hungary GDP Annual Growth Rate.Hungarian Statistical OfficeTue, 15 May 2012 11:45:00 GMThttp://www.tradingeconomics.com/hungary/inflation-cpiThe inflation rate in Hungary was recorded at 5.70 percent in April of 2012. Historically, from 1992 until 2012, Hungary Inflation Rate averaged 11.3500 Percent reaching an all time high of 31.0000 Percent in June of 1995 and a record low of 2.3000 Percent in March of 2006. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Hungary Inflation Rate.Hungarian Statistical OfficeFri, 11 May 2012 11:47:00 GMThttp://www.tradingeconomics.com/hungary/industrial-productionIndustrial Production in Hungary decreased 1.60 percent in March of 2012. Historically, from 1991 until 2012, Hungary Industrial Production averaged 5.0100 Percent reaching an all time high of 23.5000 Percent in May of 2000 and a record low of -25.4000 Percent in April of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Hungary Industrial Production.Hungarian Statistical OfficeTue, 08 May 2012 11:05:00 GMThttp://www.tradingeconomics.com/hungary/government-debt-to-gdpHungary recorded a Government Debt to GDP of 80.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Hungary Government Debt To GDP averaged 56.9400 Percent reaching an all time high of 81.4000 Percent in December of 2010 and a record low of 0.0000 Percent in December of 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Hungary Government Debt To GDP.EurostatFri, 04 May 2012 16:12:00 GMThttp://www.tradingeconomics.com/hungary/government-budgetHungary reported a Government Budget surplus equal to 4.30 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Hungary Government Budget averaged -5.4200 Percent of GDP reaching an all time high of 4.3000 Percent of GDP in December of 2011 and a record low of -9.3000 Percent of GDP in December of 2006. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Hungary Government Budget.EurostatFri, 04 May 2012 16:11:00 GMThttp://www.tradingeconomics.com/hungary/unemployment-rateThe unemployment rate in Hungary was reported at 11.6 percent from December of 2011 to February of 2012. Historically, from 1999 until 2012, Hungary Unemployment Rate averaged 7.6500 Percent reaching an all time high of 11.8000 Percent in March of 2010 and a record low of 5.5000 Percent in October of 2001. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Hungary Unemployment Rate.Hungarian Statistical OfficeMon, 30 Apr 2012 19:33:00 GMThttp://www.tradingeconomics.com/hungary/interest-rateThe benchmark interest rate in Hungary was last reported at 7.00 percent. Historically, from 1987 until 2012, Hungary Interest Rate averaged 13.5000 Percent reaching an all time high of 28.0000 Percent in January of 1995 and a record low of 5.2500 Percent in May of 2010. In Hungary, interest rates decisions are taken by the Monetary Council of the Hungarian National Bank (Magyar Nemzeti Bank). The main interest rate is the central bank base rate on refinancing credit maturing over one year that the Central Bank lends to financial institutions. This page includes a chart with historical data for Hungary Interest Rate.National Bank of HungaryTue, 24 Apr 2012 13:39:00 GMThttp://www.tradingeconomics.com/hungary/current-accountHungary reported a current account surplus equivalent to 439 Million EUR in the fourth quarter of 2011. Historically, from 1995 until 2011, Hungary Current Account averaged -924.5100 Million EUR reaching an all time high of 502.0000 Million EUR in June of 2011 and a record low of -2384.7000 Million EUR in December of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Hungary Current Account.National Bank of HungaryFri, 13 Apr 2012 15:22:00 GMThttp://www.tradingeconomics.com/hungary/balance-of-tradeHungary reported a trade surplus equivalent to 690 Million EUR in February of 2012. Historically, from 1996 until 2012, Hungary Balance of Trade averaged -74.1000 Million EUR reaching an all time high of 840.0000 Million EUR in March of 2011 and a record low of -830.5400 Million EUR in April of 2004. Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Hungary's major imports are machinery and equipment, other manufactures and fuels and electricity. European Union is by far its largest trading partner, accounting for about 79% of exports and 70% of imports. This page includes a chart with historical data for Hungary Balance of Trade.Hungarian Central Statistical OfficeFri, 13 Apr 2012 15:21:00 GMThttp://www.tradingeconomics.com/hungary/importsHungary imports were worth 5915 Million EUR in February of 2012. Historically, from 1996 until 2012, Hungary Imports averaged 3870.3200 Million EUR reaching an all time high of 6718.0000 Million EUR in November of 2011 and a record low of 1033.9100 Million EUR in January of 1996. Hungary's major imports are machinery and equipment, other manufactures and fuels and electricity. Hungary imports 70% of products from other European Union countries. Main import partners are also Russia and China. This page includes a chart with historical data for Hungary Imports.Hungarian Central Statistical OfficeFri, 13 Apr 2012 15:19:00 GMThttp://www.tradingeconomics.com/hungary/exportsHungary exports were worth 6604 Million EUR in February of 2012. Historically, from 1996 until 2012, Hungary Exports averaged 3795.6900 Million EUR reaching an all time high of 7384.0000 Million EUR in November of 2011 and a record low of 849.0100 Million EUR in January of 1996. Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Trade with EU countries and the OECD now comprises over 70% and 80% of the total, respectively. Germany is Hungary's single most important trading partner. This page includes a chart with historical data for Hungary Exports.Hungarian Central Statistical OfficeFri, 13 Apr 2012 15:18:00 GMThttp://www.tradingeconomics.com/hungary/gdp-per-capitaThe Gross Domestic Product per capita in Hungary was last reported at 5629.10 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Hungary is equivalent to 45 percent of the world's average. Historically, from 1960 until 2010, Hungary GDP per capita averaged 3692.9400 USD reaching an all time high of 5947.1600 USD in December of 2008 and a record low of 1453.9000 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Hungary GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/hungary/gdp-per-capita-pppThe Gross Domestic Product per capita in Hungary was last reported at 20028.74 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Hungary, when adjusted by Purchasing Power Parity is equivalent to 91 percent of the world's average. Historically, from 1980 until 2010, Hungary GDP per capita PPP averaged 11175.7300 USD reaching an all time high of 20538.7700 USD in December of 2008 and a record low of 5015.6700 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Hungary GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/hungary/population Historically, from 1960 until 2010, Hungary Population averaged 10.3300 Million reaching an all time high of 10.7100 Million in December of 1980 and a record low of 9.9800 Million in December of 1960. The total population in Hungary was last reported at 10.0 million people in 2010 from 10.0 million in 1960, changing 0 percent during the last 50 years. Hungary has 0.14 percent of the world´s total population which means that one person in every 692 people on the planet is a resident of Hungary. This page includes a chart with historical data for Hungary's Total Population. This page includes a chart with historical data for Hungary Population.World BankFri, 28 Oct 2011 13:56:00 GMT