Key figures
Inflation
Indicator description
Average change in the prices of goods and services purchased by households for own use, compared to the same period of the previous year. The consumer price index less 100 equals the inflation rate.
Source:
Summary tables (STADAT)
Latest data: –
GDP
Indicator description
Gross domestic product is the sum of gross value added produced by industries or sectors, valued at basic prices, and of the balance of taxes and subsidies on products, which cannot be divided by industry or sector, less financial intermediation services not divided by industry or sector. GDP volume change compared to the same period of the previous year is presented based on unadjusted data.
Source:
Summary tables (STADAT)
Latest data: –
Population
Indicator description
The full-scope censuses conducted every ten years show a comprehensive
picture of the number and composition of the population. For determining
the annual population number in the period between two censuses, the starting
point is the population number of the last census, and from this, the
population was estimated by using natural increase or decrease data available
from the statistics of vital events until 2000. From 2001 international
migration is also taken into account.
Source:
Summary tables (STADAT)
Latest data: –
Unemployment rate
Indicator description
The ratio of unemployed persons to the economically active population of corresponding age. The indicator can be calculated for different age groups, the default is the age group 15–74. Further selected age groups: 15–24, 25–54, 55–74.
Source:
Summary tables (STADAT)
Latest data: –
Employment rate
Indicator description
The ratio of employed persons to the population of corresponding age. The indicator can be calculated for different age groups, the default is the age group 15–64. Further selected age groups: 15–24, 25–54, 55–64 and 20–64.
Source:
Summary tables (STADAT)
Latest data: –
Industrial production
Indicator description
We measure changes of industrial production by variations of industrial
production values, however the impact of price change is filtered out.
We calculate the volume index of production based on comparative prices
data of the industrial production value (presented at reference period
price levels).
Source:
Summary tables (STADAT)
Latest data: –
Featured
Preparing for Easter
Plenty of Easter customs and traditions have evolved over time, in which family gatherings and the sprinkling tradition play an important role. Some of these traditions will certainly be overriden by the coronavirus pandemic this year, but let us see how Hungarian households celebrated Easter in 2019.
Virtual presence of households with children
Both society and the economy are becoming more and more digital, making it essential that more people have access to the internet. Children are being educated online due to the coronavirus epidemic, which also makes it important for households with children to access the world wide web. Between 2010 and 2019, the share of Hungarian households with children having internet access increased from 76% to 98%, reaching the EU average.
Take care of the elderly!
The coronavirus epidemic is particularly dangerous for the elderly, so we need to take better care of them during these weeks. More and more people are among the elderly: on 1 January 2019, nearly 1.9 million people aged 65 and over lived in Hungary, nearly one fifth of the population.
Transport performances, Quarter 4 2019
Freight transport performance declined by 1.7% year-on-year, mainly due to declining domestic transport, but international transport performance was also lower than in the fourth quarter of 2018. Interurban passenger transport performance increased by 4.9% due to the expansion of air passenger transport. Local passenger transport decreased by 1.7% in passenger numbers. The number of first-time registered passenger cars increased by 16%; as a result of the registration of new vehicles.
Performance of agriculture, 2019 (Economic accounts for agriculture, 2019 – second estimate)
The output of agriculture in Hungary has grown at current prices since 2012, reaching HUF 2,789 billion in 2019. Crop production contributed to the performance by 57% and livestock production by 36%, the volume of output of the former was smaller, that of the latter larger than in the previous year. Gross value added was up by 3.0%. Labour input in agriculture went on shrinking. Hungary’s agriculture made up roughly 2.0% of the EU’s agricultural output in 2019, similarly to the previous year.
Labour market trends, Quarters 1–3 2019
The first three quarters of 2019 saw an overall increase in the number of the employed with more people working in the primary labour market and fewer in public works programs. The 75.2% employment rate for the population aged 20-64 has reached the 75% employment target set in the Europe 2020 Strategy. Average gross earnings increased by 10.8% to HUF 360 thousand, and their real value by 7.3% compared to the first three quarters of 2018.
Dissemination of European Statistics after Brexit in statistical publications
On 1 February 2020, a withdrawal agreement entered into force between the EU and the UK (Brexit). Reducing the EU to 27 member states significantly changes aggregated (average, total, etc.) EU data. However, due to the different purposes of use, consideration should be given to the simultaneous communication of old and new aggregates, and the back-calculation of time series to the new composition. Taking all this into account, it is necessary to restructure the publication of EU statistics.