Hungary’s gross domestic product expanded by 0.8% quarter-onquarter in the first quarter of 2026, following a 0.2% growth in the previous three-month period, according to preliminary estimates. This marked the fastest economic growth 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 May 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 0.70 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
2026-03-03 07:30 AM
QoQ Final
Q4 0.2% 0% 0.2% 0.2%
2026-04-30 06:30 AM
QoQ Prel
Q1 0.8% 0.2% 0.9%
2026-06-02 06:30 AM
QoQ Final
Q1 0.2% 0.8% 0.8%


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 15407581.00 14880670.00 HUF Million Dec 2025
GDP from Agriculture 456565.00 445358.00 HUF Million Dec 2025
GDP from Construction 703399.00 694566.00 HUF Million Dec 2025
GDP from Manufacturing 2126562.00 2159900.00 HUF Million Dec 2025
GDP from Public Administration 2031593.00 2030140.00 HUF Million Dec 2025
GDP from Services 8809733.00 8798531.00 HUF Million Dec 2025
GDP from Transport 718025.00 716069.00 HUF Million Dec 2025
GDP Growth Rate 0.80 0.20 percent Mar 2026
Gross Fixed Capital Formation 3072895.00 3078268.00 HUF Million Dec 2025


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