Hungary’s gross domestic product advanced 1.3 percent on quarter in the three months to September of 2018, following a 1.1 percent expansion in the previous period and beating a preliminary reading of 1.2 percent. GDP Growth Rate in Hungary averaged 0.60 percent from 1995 until 2018, reaching an all time high of 2.10 percent in the first quarter of 2002 and a record low of -4.10 percent in the first quarter of 2009.
GDP Growth Rate in Hungary is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Hungary to stand at 1.10 in 12 months time. In the long-term, the Hungary GDP Growth Rate is projected to trend around 0.60 percent in 2020, according to our econometric models.