Hungary Q4 GDP Growth at Six-Quarter High

2026-03-03 08:08 By Joshua Ferrer 1 min. read

Hungary’s economy grew by 0.8% year-on-year in the final quarter of 2025, exceeding both the preliminary estimates and the previous quarter’s upwardly revised 0.7% expansion.

The latest figure also marked the strongest growth since the second quarter of 2024, mainly driven by strong performances in the construction (5.1% vs 3.3% in Q3) and services sector (1% vs 1.7%).

Output in services particularly increased for financial and insurance activities (5.9% vs 5.3%) and arts, entertainment, leisure, and other services (4.6% vs -0.1%).

On the expenditure side, household consumption, the largest component of actual consumption, continued to increase (2.7% vs 2.3%), while gross fixed capital formation (-1% vs -2.1%) declined less.

On a seasonally adjusted quarterly basis, the economy advanced by 0.2% in the fourth quarter, after showing no growth in preceding period.

In 2025, the GDP exceeded the previous year by 0.4% in raw terms and 0.3% on a seasonally and calendar-adjusted basis.



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