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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
70 Corruption rank#58
52 Ease of doing business#53
Hungary


Hungary Major Economic Indicators

Indicator Data Period
GDP Value 170 USD Billion 2019
GDP Annual Growth Rate 4.5 % 4Q/19
GDP Growth Rate 1 % 4Q/19
GDP per capita 16504 USD 2018
Inflation Rate YoY 4.4 % Feb/20
Interest Rate 0.9 % Mar/20
Unemployment Rate 3.5 % Feb/20
Wages 406388 HUF/Month | 1246.893 USD/Month Dec/19
Balance of Trade 147000 HUF Million | 0.451 B USD Jan/20
Current Account -775 EUR Million | -0.854 B USD 4Q/19
Foreign Exchange Reserves 24871 EUR Million | 27.408 B USD Feb/20
Government Debt 29684 HUF Billion | 91.077 B USD Feb/20


GDP
vvp
170
USD Billion
#60 from 174 countries
GDP per capita
vvp
16504
USD
#46 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 170 USD Billion 2019
GDP Annual Growth Rate 4.5 % 4Q/19
GDP Growth Rate 1 % 4Q/19
GDP per capita 16504 USD 2018
GDP Constant Prices 7771793 HUF Million | 23.846 B USD 4Q/19
GDP per capita PPP 28243 USD 2018
GDP From Agriculture  225118 HUF Million | 0.691 B USD 4Q/19
GDP From Construction  335903 HUF Million | 1.031 B USD 4Q/19
GDP From Manufacturing  1351300 HUF Million | 4.146 B USD 4Q/19
GDP From Public Administration  1007290 HUF Million | 3.091 B USD 4Q/19
GDP From Services  4257256 HUF Million | 13.062 B USD 4Q/19
GDP From Transport  333154 HUF Million | 1.022 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 70.8 % 2018
Government Budget Value -345 HUF Billion | -1.059 USD Billion Feb/20
Government Spending 877274 HUF Million | 2.692 USD Billion 4Q/19
Government Debt 29684 HUF Billion | 91.077 USD Billion Feb/20
Government Revenues 976873 HUF Million | 2.997 USD Billion Feb/20
Fiscal Expenditure  1301415 HUF Million | 3.993 B USD Feb/20
Government Budget to GDP -2.2 % 2018
Government Spending to GDP 46.5 % 2018
Military Expenditure 1568 USD Million | 1.568 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 1348 index points Feb/20
Export Prices 102 index points Dec/19
Food Inflation 7 % Feb/20
Gasoline Prices 1.08 USD/Liter Mar/20
GDP Deflator 167 index points 4Q/19
Import Prices 101 index points Dec/19
Inflation Rate YoY 4.4 % Feb/20
Producer Prices 104 index points Jan/20
Inflation Rate Mom 0.3 % Feb/20
Core Consumer Prices 456 Index Points Feb/20
Core Inflation Rate 4.1 % Feb/20
CPI Transportation 104 Index Points Feb/20
Harmonised Consumer Prices 112 Index Points Feb/20
Producer Prices Change  3.8 % Jan/20


Trade Indicators

Indicator Data Period
Current Account to GDP 0.4 % 2018
Balance of Trade 147000 HUF Million | 0.451 USD Billion Jan/20
Capital Flows 1561 EUR Million | 1.72 USD Billion 4Q/19
Current Account -775 EUR Million | -0.854 USD Billion 4Q/19
Exports 3079810 HUF Million | 9.45 USD Billion Jan/20
External Debt 104665 EUR Million | 115.342 USD Billion 4Q/19
Foreign Exchange Reserves 24871 EUR Million | 27.408 USD Billion Feb/20
Imports 2932768 HUF Million | 8.998 USD Billion Jan/20
Terms of Trade  101 Index Points Dec/19


Money Indicators

Indicator Data Period
Bank Lending Rate 0.9 % Mar/20
Gold Reserves 31.51 Tonnes 4Q/19
Interbank Rate 0.45 % Mar/20
Interest Rate 0.9 % Mar/20
Loans to Private Sector 8556 HUF Billion | 26.252 USD Billion Nov/19
Money Supply M0 7756 HUF Billion | 23.797 USD Billion Feb/20
Money Supply M1 24390 HUF Billion | 74.834 USD Billion Jan/20
Money Supply M2 27524 HUF Billion | 84.45 USD Billion Jan/20
Money Supply M3 27639 HUF Billion | 84.803 USD Billion Jan/20
Central Bank Balance Sheet 12436 HUF Billion | 38.157 B USD Nov/19
Deposit Interest Rate -0.05 % Mar/20
Foreign Direct Investment 1293 EUR Million | 1.425 B USD 3Q/19
Private Sector Credit  7160 HUF Billion | 21.969 B USD Jan/20


Labor Indicators

Indicator Data Period
Minimum Wages 464 EUR/Month | 511.334 USD/Month 4Q/19
Retirement Age Men 64 2019
Retirement Age Women 64 2019
Unemployment Rate 3.5 % Feb/20
Wages 406388 HUF/Month | 1246.893 USD/Month Dec/19
Youth Unemployment Rate 10.9 % Dec/19
Employed Persons 4489600 Person | 4.49 Million Person Jan/20
Employment Change  0.2 % 3Q/19
Employment Rate  60.57 % Jan/20
Full Time Employment 4242 Thousand Person 3Q/19
Job Vacancies 74824 | 74.824 K 4Q/19
Labor Force Participation Rate 62.78 % Jan/20
Living Wage Family 221500 HUF/Month | 679.614 USD/Month 2018
Living Wage Individual 144800 HUF/Month | 444.28 USD/Month 2018
Long Term Unemployment Rate 1.1 % 3Q/19
Part Time Employment 201 Thousand Persons 3Q/19
Unemployed Persons 163741 Persons | 0.164 Million Persons Jan/20
Wage Growth  13.1 % Dec/19
Wages High Skilled 281600 HUF/Month | 864.014 USD/Month 2018
Wages Low Skilled  140400 HUF/Month | 430.78 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 15 BBL/D/1K Nov/19
Electricity Production 3004 GWh Dec/19
Industrial Production 2.4 % Jan/20
Mining Production -4 % Nov/19
Steel Production 155 Thousand Tonnes Feb/20
Industrial Production (MoM) -3.8 % Dec/19


Business Indicators

Indicator Data Period
Business Confidence -1.8 index points Mar/20
Corruption Index 44 index points 2019
Corruption Rank 70 place 2019
Ease of Doing Business 52 place 2019
Manufacturing PMI 50.1 index points Feb/20
Manufacturing Production 4.2 % Nov/19
Competitiveness Index 65.08 Index Points 2019
Competitiveness Rank 47 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -12.1 index points Mar/20
Private Debt To GDP 133 % 2018
Retail Sales MoM 1.2 % Jan/20
Retail Sales YoY 7.6 % Jan/20
Consumer Credit 895 HUF Billion | 2.746 USD Billion Jan/20
Consumer Spending 4540801 HUF Million | 13.932 USD Billion 4Q/19
Households Debt To GDP 18.1 % 3Q/19
Households Debt To Income 32.04 % 2018


Housing Market

Indicator Data Period
Construction Output -2.5 % Jan/20


Government Debt
dept_icon
91.077
USD Billion
#26 from 65 countries
Balance of Trade
balance_icon
0.451
USD Billion
#47 from 173 countries


Gold Reserves
gold_reserve_icon
31.51
Tonnes
#53 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
27.408
USD Billion
#47 from 114 countries


Government Budget Value
balance_icon
-1.059
USD Billion
#19 from 113 countries
Inflation Rate
inflation_icon
4.4
%
#71 from 174 countries


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


Unemployment Rate
unemployment_icon
3.5
%
#136 from 171 countries
Wages
salary_icon
1246.893
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