Hungary’s economy expanded 0.8% quarter-on-quarter in the first quarter of 2026, following a 0.2% growth in the previous quarter and matching preliminary estimates. The latest figure marked the highest economic expansion since the third quarter of 2023. source: Hungarian Central Statistical Office

The Gross Domestic Product (GDP) in Hungary expanded 0.80 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Hungary averaged 0.58 percent from 1995 until 2026, reaching an all time high of 11.80 percent in the third quarter of 2020 and a record low of -14.50 percent in the second quarter of 2020. This page provides - Hungary GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in Hungary expanded 0.80 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Hungary is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary GDP Growth Rate is projected to trend around 0.50 percent in 2027 and 0.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 06:30 AM
QoQ Prel
Q1 0.8% 0.2% 0.9%
2026-06-02 06:30 AM
QoQ Final
Q1 0.8% 0.2% 0.8% 0.8%
2026-07-30 06:30 AM
QoQ Prel
Q2 0.8% 0.4%


Related Last Previous Unit Reference
Full Year GDP Growth 0.40 0.50 percent Dec 2025
GDP Growth Rate YoY 1.70 0.80 percent Mar 2026
GDP Constant Prices 13338259.00 15421471.00 HUF Million Mar 2026
GDP from Agriculture 471374.00 442639.00 HUF Million Mar 2026
GDP from Construction 664001.00 708081.00 HUF Million Mar 2026
GDP from Manufacturing 2156088.00 2133116.00 HUF Million Mar 2026
GDP from Public Administration 2068939.00 2060854.00 HUF Million Mar 2026
GDP from Services 8931769.00 8852790.00 HUF Million Mar 2026
GDP from Transport 702427.00 699923.00 HUF Million Mar 2026
GDP Growth Rate 0.80 0.20 percent Mar 2026
Gross Fixed Capital Formation 3139398.00 3141712.00 HUF Million Mar 2026


Hungary GDP Growth Rate
In Hungary, 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.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.20 11.80 -14.50 1995 - 2026 percent Quarterly
SA