Hungary's current account surplus narrowed sharply to EUR 0.77 billion in the June quarter of 2018 from EUR 1.62 billion in the same period a year earlier. The goods account surplus decreased noticeably to EUR 0.57 billion (from EUR 1.03 billion a year ago). Also, the primary income gap widened to EUR 1.61 billion (from EUR 1.40 million) and the secondary income shifted to a EUR 0.21 billion deficit from a EUR 0.13 billion surplus in the second quarter of 2017. Meantime, the services account surplus went up to EUR 2.03 billion (from EUR 1.87 billion a year before). Current Account in Hungary averaged -408.81 EUR Million from 1990 until 2018, reaching an all time high of 2182.70 EUR Million in the third quarter of 2016 and a record low of -2319.51 EUR Million in the fourth quarter of 2008.

Current Account in Hungary is expected to be 840.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Hungary to stand at 709.42 in 12 months time. In the long-term, the Hungary Current Account is projected to trend around 320.00 EUR Million in 2020, according to our econometric models.

Hungary Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-21 07:30 AM Current Account €0.81B €1.87B €1.175B €1.49B
2018-03-23 07:30 AM Current Account €0.2B €0.78B €0.738B €0.69B
2018-06-21 06:30 AM Current Account €1.027B €0.43B €1.1B
2018-09-20 06:30 AM Current Account €0.78B €0.84B €1.7B
2018-12-20 07:30 AM Current Account €0.78B €0.8B
2019-03-22 07:30 AM Current Account € 0.55B
2019-06-21 06:30 AM Current Account € 1.2B


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 95000.00 81432.29 361431.63 -246914.83 HUF Million [+]
Current Account 772.37 840.11 2182.70 -2319.51 EUR Million [+]
Current Account to GDP 2.80 6.00 6.00 -10.80 percent [+]
Imports 2986000.00 2727588.36 2986000.00 27000.00 HUF Million [+]
Exports 3063000.00 2809020.65 3080360.00 26300.00 HUF Million [+]
External Debt 105322.07 103657.39 142673.70 22026.90 EUR Million [+]
Terms of Trade 97.68 98.06 104.59 96.04 Index Points [+]
Capital Flows 1329.30 2380.70 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 100.90 424.10 4221.40 -15097.10 EUR Million [+]
Remittances 328.60 361.20 453.60 46.20 EUR Million [+]
Gold Reserves 3.10 3.10 3.14 0.00 Tonnes [+]
Terrorism Index 0.84 0.23 2.32 0.00 [+]
Crude Oil Production 15.00 16.00 46.00 11.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Hungary Current Account

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 provides the latest reported value for - Hungary Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
772.37 840.11 2182.70 -2319.51 1990 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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