Hungary’s gross domestic product grew by 0.7% year-on-year in the fourth quarter of 2025, slightly below market forecasts of a 0.8% expansion but higher than the 0.6% growth in the previous three-month period, preliminary estimates showed. The latest figure also marked the fastest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly financial, insurance, and trade, as well as the performance of the construction industry. However, the decline in industry weighed most heavily on overall economic growth. Industrial output has contracted every month for the past three years except for one month of expansion in February of 2024. On a seasonally adjusted quarterly basis, the economy expanded by 0.2% in Q4 2025, after showing no growth in the preceding period. source: Hungarian Central Statistical Office

The Gross Domestic Product (GDP) in Hungary expanded 0.70 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Hungary averaged 2.38 percent from 1996 until 2025, reaching an all time high of 17.90 percent in the second quarter of 2021 and a record low of -12.70 percent in the second quarter of 2020. This page provides - Hungary GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Hungary expanded 0.70 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Hungary is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary GDP Annual Growth Rate is projected to trend around 2.10 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-02 07:30 AM
YoY Final
Q3 0.6% 0.1% 0.6% 0.6%
2026-01-30 07:30 AM
YoY Prel
Q4 0.7% 0.6% 0.8% 1.0%
2026-03-03 07:30 AM
YoY Final
Q4 0.6% 0.7% 0.7%


Related Last Previous Unit Reference
Full Year GDP Growth 0.40 0.50 percent Dec 2025
GDP Growth Rate YoY 0.70 0.60 percent Dec 2025
GDP Constant Prices 14880670.00 14576284.00 HUF Million Sep 2025
GDP from Agriculture 448535.00 444228.00 HUF Million Sep 2025
GDP from Construction 677929.00 705811.00 HUF Million Sep 2025
GDP from Manufacturing 2168950.00 2144933.00 HUF Million Sep 2025
GDP from Public Administration 2023893.00 2017866.00 HUF Million Sep 2025
GDP from Services 8792733.00 8769187.00 HUF Million Sep 2025
GDP from Transport 710279.00 706152.00 HUF Million Sep 2025
GDP Growth Rate 0.20 0.00 percent Dec 2025
Gross Fixed Capital Formation 2981205.00 2992857.00 HUF Million Sep 2025


Hungary GDP Annual Growth Rate
Electronics manufacturing and research are among the main drivers of innovation and economic growth in Hungary. The country has also grown into a major center for mobile technology, information security, and related hardware research. On the expenditure side, 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
0.70 0.60 17.90 -12.70 1996 - 2025 percent Quarterly
NSA

News Stream
Hungary Q4 GDP Growth Strongest in Six Quarters
Hungary’s gross domestic product grew by 0.7% year-on-year in the fourth quarter of 2025, slightly below market forecasts of a 0.8% expansion but higher than the 0.6% growth in the previous three-month period, preliminary estimates showed. The latest figure also marked the fastest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly financial, insurance, and trade, as well as the construction industry. However, a slump in industry weighed most on overall growth, with industrial output shrinking almost every month over the past three years, except for a brief expansion in February 2024. On a seasonally adjusted quarterly basis, the economy expanded by 0.2% in Q4 2025, after showing no growth in the prior period. For the whole year of 2025, the economy grew a modest 0.4%, down from 0.5% in the previous year.
2026-01-30
Hungary Q3 GDP Growth Confirmed at 0.6%
Hungary’s gross domestic product expanded by 0.6% year-on-year in the third quarter of 2025, matching preliminary estimates and accelerating from a 0.1% growth in the previous three-month period. This marked the strongest growth since the second quarter of 2024, mainly driven by strong performances in the construction (2.6% vs 3.7% in Q2) and services sector (1.5% vs 1.4%), particularly for financial and insurance activities (3.8% vs 0.7%) and accommodation and catering services (3% vs 3.1%). Additionally, contraction moderated in the industry sector (-1.7% vs -2.9%), mainly in manufacturing (-0.8% vs -3.7%). On the expenditure side, household consumption, the largest component of actual consumption, continued to increase (2.6% vs 3.5%). However, net external demand weighed on growth, as exports declined (-0.6% vs -1%) while imports increased (3.9% vs -0.8%). On a seasonally adjusted quarterly basis, the economy stagnated after an upwardly revised 0.5% growth in Q2.
2025-12-02
Hungary Q3 GDP Growth Strongest in Over a Year
Hungary’s gross domestic product grew by 0.6% year-on-year in the third quarter of 2025, missing market forecasts of a 1% expansion but accelerating from a 0.1% growth in the previous three-month period, preliminary estimates showed. This marked the strongest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly information and communication. However, the upturn was partially offset by the slowdown in the added value of industry and agriculture. On a seasonally adjusted quarterly basis, the economy stagnated in Q3 2025, following a 0.4% growth in the preceding period.
2025-10-30