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Economy of Hungary. Statistics, Data and Indicators

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


Hungary Major Economic Indicators

Indicator Data Period
GDP Value 155 USD Billion 2020
GDP Annual Growth Rate -2.1 % 1Q/21
GDP Growth Rate 2 % 1Q/21
GDP per capita 16745 USD 2020
Inflation Rate YoY 5.3 % Jun/21
Interest Rate 0.9 % Jun/21
Unemployment Rate 4.1 % May/21
Wages 427641 HUF/Month | 1426.809 USD/Month Apr/21
Balance of Trade 30078 HUF Million | 0.1 B USD May/21
Current Account 541 EUR Million | 0.639 B USD 1Q/21
Foreign Exchange Reserves 30803 EUR Million | 36.408 B USD Jun/21
Government Debt 37149 HUF Billion | 123.946 B USD May/21


GDP
vvp
155
USD Billion
#60 from 174 countries
GDP per capita
vvp
16745
USD
#46 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 155 USD Billion 2020
GDP Annual Growth Rate -2.1 % 1Q/21
GDP Growth Rate 2 % 1Q/21
GDP per capita 16745 USD 2020
GDP Constant Prices 9250125 HUF Million | 30.863 B USD 1Q/21
GDP per capita PPP 31008 USD 2020
GDP From Agriculture  1349743 HUF Million | 4.503 B USD 2Q/21
GDP From Construction  401452 HUF Million | 1.339 B USD 1Q/21
GDP From Manufacturing  2018916 HUF Million | 6.736 B USD 1Q/21
GDP From Public Administration  1259702 HUF Million | 4.203 B USD 1Q/21
GDP From Services  5562420 HUF Million | 18.559 B USD 1Q/21
GDP From Transport  489475 HUF Million | 1.633 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 80.4 % 2020
Government Budget Value -392 HUF Billion | -1.308 USD Billion Jun/21
Government Spending 1020803 HUF Million | 3.406 USD Billion 1Q/21
Government Debt 37149 HUF Billion | 123.946 USD Billion May/21
Government Revenues 1900 HUF Million | 0.006 USD Billion Mar/21
Fiscal Expenditure  2504 HUF Million | 0.008 B USD Mar/21
Government Budget to GDP -8.1 % 2020
Government Spending to GDP 51.6 % 2020
Military Expenditure 2463 USD Million | 2.463 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 1426 index points Jun/21
Export Prices 105 index points Apr/21
Food Inflation 2.4 % Jun/21
Gasoline Prices 1.47 USD/Liter Jun/21
GDP Deflator 125 index points 1Q/21
Import Prices 108 index points Apr/21
Inflation Rate YoY 5.3 % Jun/21
Producer Prices 124 index points May/21
Inflation Rate Mom 0.6 % Jun/21
Core Consumer Prices 431 Index Points Jun/21
Core Inflation Rate 3.8 % Jun/21
CPI Transportation 113 Index Points Jun/21
Harmonised Consumer Prices 119 Index Points Jun/21
Producer Prices Change  11.3 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP -0.8 % 2019
Balance of Trade 30078 HUF Million | 0.1 USD Billion May/21
Capital Flows 216 EUR Million | 0.255 USD Billion 1Q/21
Current Account 541 EUR Million | 0.639 USD Billion 1Q/21
Exports 3345185 HUF Million | 11.161 USD Billion May/21
External Debt 114380 EUR Million | 135.195 USD Billion 1Q/21
Foreign Exchange Reserves 30803 EUR Million | 36.408 USD Billion Jun/21
Imports 3315107 HUF Million | 11.061 USD Billion May/21
Terms of Trade  97.49 Index Points Apr/21


Money Indicators

Indicator Data Period
Bank Lending Rate 1.85 % Jun/21
Gold Reserves 94.49 Tonnes 1Q/21
Interbank Rate 1.07 % Jul/21
Interest Rate 0.9 % Jun/21
Loans to Private Sector 9403 HUF Billion | 31.373 USD Billion Feb/21
Money Supply M0 10501 HUF Billion | 35.036 USD Billion Jun/21
Money Supply M1 30066 HUF Billion | 100.314 USD Billion May/21
Money Supply M2 33790 HUF Billion | 112.739 USD Billion May/21
Money Supply M3 33871 HUF Billion | 113.009 USD Billion May/21
Central Bank Balance Sheet 21040 HUF Billion | 70.199 B USD Mar/21
Deposit Interest Rate -0.05 % Jun/21
Foreign Direct Investment 1606 EUR Million | 1.898 B USD 4Q/20
Private Sector Credit  8586 HUF Billion | 28.647 B USD May/21


Labor Indicators

Indicator Data Period
Minimum Wages 442 EUR/Month | 522.434 USD/Month 1Q/21
Retirement Age Men 64 2019
Retirement Age Women 64 2019
Unemployment Rate 4.1 % May/21
Wages 427641 HUF/Month | 1426.809 USD/Month Apr/21
Youth Unemployment Rate 13.9 % May/21
Employed Persons 4606514 Person | 4.607 Million Person May/21
Employment Change  1.1 % 1Q/21
Employment Rate  62.59 % May/21
Full Time Employment 4205 Thousand Person 4Q/20
Job Vacancies 62535 | 62.535 K 1Q/21
Labor Force Participation Rate 65.16 % May/21
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 1.1 % 1Q/21
Part Time Employment 192 Thousand Persons 4Q/20
Unemployed Persons 189371 Persons | 0.189 Million Persons May/21
Wage Growth  10.3 % Apr/21
Wages High Skilled 281600 HUF/Month | 891.751 USD/Month 2018
Wages Low Skilled  140400 HUF/Month | 444.609 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 17 BBL/D/1K Mar/21
Electricity Production 2874 GWh Apr/21
Industrial Production 39.1 % May/21
Mining Production -35.9 % Feb/21
Steel Production 90 Thousand Tonnes Dec/20
Industrial Production (MoM) 4.8 % Feb/21


Business Indicators

Indicator Data Period
Business Confidence 2.1 index points Jun/21
Corruption Index 44 index points 2020
Corruption Rank 69 place 2020
Ease of Doing Business 52 place 2019
Manufacturing PMI 54.7 index points Jun/21
Manufacturing Production 1.7 % Feb/21
Competitiveness Index 65.08 Index Points 2019
Competitiveness Rank 47 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -14.5 index points Jun/21
Private Debt To GDP 136 % 2020
Retail Sales MoM 0.1 % May/21
Retail Sales YoY 5.8 % May/21
Consumer Credit 1052 HUF Billion | 3.51 USD Billion May/21
Consumer Spending 5787437 HUF Million | 19.31 USD Billion 1Q/21
Households Debt To GDP 21 % 4Q/20
Households Debt To Income 33.31 % 2019


Housing Market

Indicator Data Period
Construction Output 18.7 % May/21


Government Debt
dept_icon
123.946
USD Billion
#26 from 65 countries
Balance of Trade
balance_icon
0.1
USD Billion
#47 from 173 countries


Gold Reserves
gold_reserve_icon
94.49
Tonnes
#53 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
36.408
USD Billion
#47 from 114 countries


Government Budget Value
balance_icon
-1.308
USD Billion
#19 from 113 countries
Inflation Rate
inflation_icon
5.3
%
#71 from 174 countries


Interest Rate
discount_rate_icon
0.9
%
#129 from 159 countries
Bank Lending Rate
credit_rate_icon
1.85%
#50 from 55 countries


Unemployment Rate
unemployment_icon
4.1
%
#136 from 171 countries
Wages
salary_icon
1426.809
USD/Month
#40 from 82 countries


Retirement Age
man_icon
woman_icon
64
64
men
women
Taxes
company_icon
private_icon
9%
15%
company profits
income of individuals