Hungary GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Hungarian economy expanded 3.6 percent year-on-year in the third quarter of 2017, following an upwardly revised 3.3 percent growth in the previous period and slightly below market expectations of a 3.65 percent increase, preliminary estimates showed. Market services, namely trade and professional, scientific and technical activity were the main contributors to the growth. Also, output continued to expand in industry, agriculture and construction. On a quarterly basis, the GDP advanced a seasonally adjusted 0.8 percent, slowing from a 0.9 percent growth in the previous period. GDP Annual Growth Rate in Hungary averaged 2.33 percent from 1996 until 2017, reaching an all time high of 5.60 percent in the first quarter of 2000 and a record low of -7.90 percent in the second quarter of 2009.

Hungary GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-08-16 07:00 AM GDP Growth Rate YoY Prel 3.2% 4.2% 3.7% 3.6%
2017-09-05 07:00 AM GDP Growth Rate YoY Final 3.2% 4.2% 3.2% 3.2%
2017-11-14 08:00 AM GDP Growth Rate YoY Prel 3.6% 3.3% 3.65% 3.4%
2017-12-06 08:00 AM GDP Growth Rate YoY Final 3.6% 3.2%


Hungary GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.90 2.10 -4.10 percent [+]
GDP Annual Growth Rate 3.60 3.30 5.60 -7.90 percent [+]
GDP 124.34 121.72 157.29 4.69 USD Billion [+]
GDP Constant Prices 6407295.00 5858868.00 6649999.00 3664706.00 HUF Million [+]
Gross Fixed Capital Formation 1390926.00 1334076.00 1463123.00 738762.00 HUF Million [+]
GDP per capita 14840.39 14518.84 14840.39 8507.35 USD [+]
GDP per capita PPP 25381.29 24831.35 25381.29 14549.99 USD [+]
GDP From Agriculture 199019.00 199621.00 249035.00 132990.00 HUF Million [+]
GDP From Construction 223174.00 208437.00 285918.00 146456.00 HUF Million [+]
GDP From Manufacturing 1304056.00 1259294.00 1304056.00 554378.00 HUF Million [+]
GDP From Public Administration 985320.00 987048.00 987312.00 714115.00 HUF Million [+]
GDP From Services 3626858.00 3601555.00 3626858.00 2316284.00 HUF Million [+]
GDP From Transport 281664.00 280342.00 292044.00 171600.00 HUF Million [+]


Hungary GDP Annual Growth Rate

Hungary is the largest producer of electronics in Central and Eastern Europe. Electronics manufacturing and research are among the main drivers of innovation and economic growth in the country. In the past 20 years Hungary 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. This page provides - Hungary GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.30 5.60 -7.90 1996 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17