Economy of Hungary. Statistics, Data and Indicators

Hungary
47BBB- | Credit rank #63 |
132.31 | Quality of life #40 |
77 | Corruption rank#58 |
52 | Ease of doing business#53 |

Hungary Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 182 USD Billion | 2021 |
GDP Annual Growth Rate | 4 % | 3Q/22 |
GDP Growth Rate | -0.4 % | 3Q/22 |
GDP per capita | 15519 USD | 2021 |
Inflation Rate YoY | 24.5 % | Dec/22 |
Interest Rate | 13 % | Jan/23 |
Unemployment Rate | 3.9 % | Dec/22 |
Wages | 544597 HUF/Month | 1514.871 USD/Month | Nov/22 |
Balance of Trade | -1415 HUF Million | -0.004 B USD | Nov/22 |
Current Account | -4468 EUR Million | -4.824 B USD | 3Q/22 |
Foreign Exchange Reserves | 38706 EUR Million | 41.789 B USD | Dec/22 |
Government Debt | 45562 HUF Billion | 126.737 B USD | Dec/22 |
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 182 USD Billion | 2021 |
GDP Annual Growth Rate | 4 % | 3Q/22 |
GDP Growth Rate | -0.4 % | 3Q/22 |
GDP per capita | 15519 USD | 2021 |
GDP Constant Prices | 11258665 HUF Million | 31.318 B USD | 3Q/22 |
GDP per capita PPP | 33593 USD | 2021 |
GDP From Agriculture | 198544 HUF Million | 0.552 B USD | 3Q/22 |
GDP From Construction | 433836 HUF Million | 1.207 B USD | 3Q/22 |
GDP From Manufacturing | 2062547 HUF Million | 5.737 B USD | 3Q/22 |
GDP From Public Administration | 1283808 HUF Million | 3.571 B USD | 3Q/22 |
GDP From Services | 6408824 HUF Million | 17.827 B USD | 3Q/22 |
GDP From Transport | 619907 HUF Million | 1.724 B USD | 3Q/22 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 73.5 % | 2022 |
Government Budget Value | -1287 HUF Billion | -3.58 USD Billion | Dec/22 |
Government Spending | 1085301 HUF Million | 3.019 USD Billion | 3Q/22 |
Government Debt | 45562 HUF Billion | 126.737 USD Billion | Dec/22 |
Government Revenues | 2950 HUF Million | 0.008 USD Billion | Dec/22 |
Fiscal Expenditure | 4237 HUF Million | 0.012 B USD | Dec/22 |
Government Budget to GDP | -6.1 % | 2022 |
Government Spending to GDP | 47.9 % | 2021 |
Military Expenditure | 2777 USD Million | 2.777 B USD | 2021 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 1828 index points | Dec/22 |
Export Prices | 122 index points | Nov/22 |
Food Inflation | 47.8 % | Dec/22 |
Gasoline Prices | 1.75 USD/Liter | Jan/23 |
GDP Deflator | 156 index points | 3Q/22 |
Import Prices | 129 index points | Nov/22 |
Inflation Rate YoY | 24.5 % | Dec/22 |
Producer Prices | 194 index points | Dec/22 |
Inflation Rate Mom | 1.9 % | Dec/22 |
Core Consumer Prices | 559 Index Points | Dec/22 |
Core Inflation Rate | 24.8 % | Dec/22 |
CPI Transportation | 120 Index Points | Dec/22 |
Harmonised Consumer Prices | 153 Index Points | Dec/22 |
Producer Prices Change | 34.9 % | Dec/22 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -2.9 % | 2021 |
Balance of Trade | -1415 HUF Million | -0.004 USD Billion | Nov/22 |
Capital Flows | -5236 EUR Million | -5.653 USD Billion | 3Q/22 |
Current Account | -4468 EUR Million | -4.824 USD Billion | 3Q/22 |
Exports | 13272 HUF Million | 0.037 USD Billion | Nov/22 |
External Debt | 141850 EUR Million | 153.149 USD Billion | 3Q/22 |
Foreign Exchange Reserves | 38706 EUR Million | 41.789 USD Billion | Dec/22 |
Imports | 14687 HUF Million | 0.041 USD Billion | Nov/22 |
Terms of Trade | 94.72 Index Points | Nov/22 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 25 % | Jan/23 |
Gold Reserves | 94.49 Tonnes | 4Q/22 |
Interbank Rate | 16.05 % | Feb/23 |
Interest Rate | 13 % | Jan/23 |
Loans to Private Sector | 12238 HUF Billion | 34.042 USD Billion | Nov/22 |
Money Supply M0 | 15882 HUF Billion | 44.178 USD Billion | Dec/22 |
Money Supply M1 | 33968 HUF Billion | 94.487 USD Billion | Dec/22 |
Money Supply M2 | 41160 HUF Billion | 114.492 USD Billion | Dec/22 |
Money Supply M3 | 41772 HUF Billion | 116.195 USD Billion | Dec/22 |
Central Bank Balance Sheet | 28039 HUF Billion | 77.994 B USD | Dec/22 |
Deposit Interest Rate | 12.5 % | Jan/23 |
Foreign Direct Investment | 3535 EUR Million | 3.817 B USD | 3Q/22 |
Private Sector Credit | 9919 HUF Billion | 27.591 B USD | Dec/22 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 579 EUR/Month | 625.121 USD/Month | 1Q/23 |
Retirement Age Men | 65 | 2022 |
Retirement Age Women | 65 | 2022 |
Unemployment Rate | 3.9 % | Dec/22 |
Wages | 544597 HUF/Month | 1514.871 USD/Month | Nov/22 |
Youth Unemployment Rate | 11.8 % | Dec/22 |
Employed Persons | 4702497 Person | 4.702 Million Person | Nov/22 |
Employment Change | 0 % | 3Q/22 |
Employment Rate | 64.28 % | Nov/22 |
Full Time Employment | 4406 Thousand Person | 3Q/22 |
Job Vacancies | 89400 | 89.4 K | 3Q/22 |
Labor Force Participation Rate | 66.86 % | Nov/22 |
Living Wage Family | 221500 HUF/Month | 701.43 USD/Month | 2018 |
Living Wage Individual | 144800 HUF/Month | 458.542 USD/Month | 2018 |
Long Term Unemployment Rate | 1.2 % | 3Q/22 |
Part Time Employment | 195 Thousand Persons | 3Q/22 |
Unemployed Persons | 188915 Persons | 0.189 Million Persons | Nov/22 |
Wage Growth | 16.7 % | Nov/22 |
Wages High Skilled | 281600 HUF/Month | 891.751 USD/Month | 2018 |
Wages Low Skilled | 140400 HUF/Month | 444.609 USD/Month | 2018 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 9 % | 2022 |
Personal Income Tax Rate | 15 % | 2022 |
Sales Tax Rate | 27 % | 2022 |
Social Security Rate | 31.5 % | 2022 |
Social Security Rate For Companies | 13 % | 2022 |
Social Security Rate For Employees | 18.5 % | 2022 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 19 BBL/D/1K | Sep/22 |
Electricity Production | 2434 GWh | Nov/22 |
Industrial Production | 0.5 % | Nov/22 |
Mining Production | -1.2 % | Nov/22 |
Steel Production | 90 Thousand Tonnes | Dec/20 |
Industrial Production (MoM) | -0.7 % | Nov/22 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Business Confidence | -7.8 index points | Jan/23 |
Corruption Index | 42 index points | 2022 |
Corruption Rank | 77 place | 2022 |
Ease of Doing Business | 52 place | 2019 |
Manufacturing PMI | 55 index points | Jan/23 |
Manufacturing Production | 1.3 % | Nov/22 |
Competitiveness Index | 65.08 Index Points | 2019 |
Competitiveness Rank | 47 | 2019 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | -56.6 index points | Jan/23 |
Private Debt To GDP | 154 % | 2021 |
Retail Sales MoM | 0.1 % | Nov/22 |
Retail Sales YoY | 0.6 % | Nov/22 |
Consumer Credit | 1257 HUF Billion | 3.497 USD Billion | Dec/22 |
Consumer Spending | 6440018 HUF Million | 17.914 USD Billion | 3Q/22 |
Households Debt To GDP | 20.1 % | 2Q/22 |
Households Debt To Income | 35.93 % | 2021 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | 7 % | Nov/22 |