Hungary’s economy grew by 0.5% quarter-on-quarter in the second quarter of 2026, exceeding initial estimates for a 0.4% expansion but slowing from a 0.8% growth in the preceding period. 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. source: Hungarian Central Statistical Office

The Gross Domestic Product (GDP) in Hungary expanded 0.50 percent in the second quarter of 2026 over the previous quarter.

The Gross Domestic Product (GDP) in Hungary expanded 0.50 percent in the second 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
2026-07-30 06:30 AM
QoQ Prel
Q2 0.4% 0.8% 0.4%
2026-09-01 06:30 AM
QoQ Final
Q2 0.5% 0.8% 0.4% 0.4%
2026-10-30 07:30 AM
QoQ Prel
Q3 0.5% 0.4%


Related Last Previous Unit Reference
Full Year GDP Growth 0.40 0.50 percent Dec 2025
GDP Growth Rate YoY 1.70 1.70 percent Jun 2026
GDP Constant Prices 14872429.00 13338259.00 HUF Million Jun 2026
GDP from Agriculture 372524.00 441425.00 HUF Million Jun 2026
GDP from Construction 711592.00 673650.00 HUF Million Jun 2026
GDP from Manufacturing 2203547.00 2165257.00 HUF Million Jun 2026
GDP from Public Administration 2082102.00 2073395.00 HUF Million Jun 2026
GDP from Services 8974848.00 8931683.00 HUF Million Jun 2026
GDP from Transport 713702.00 704129.00 HUF Million Jun 2026
GDP Growth Rate 0.50 0.80 percent Jun 2026
Gross Fixed Capital Formation 2989660.00 3101658.00 HUF Million Jun 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
0.50 0.80 11.80 -14.50 1995 - 2026 percent Quarterly
SA