Construction

It is particularly important to present, in addition to our regular and detailed publications, the current situation of the areas most affected by the pandemic with flash estimates using a limited information base. Our WEEKLY MONITOR presents the economic and social impacts of the pandemic through daily, weekly and monthly updated preliminary data as a collection of interactive diagrams.

The volume of construction output in December 2020, based on raw data, was 0.3% lower compared to the previous year. Output of the two main groups of construction developed inversely: in the construction of buildings it grew by 15.1%, in civil engineering works went down by 16.5%. Based on seasonally and working day adjusted indices construction output decreased by 3.1% compared to the November data, in December it surpassed the nadir of May by 22.2%. In 2020 construction output lessened by 9.1% compared to 2019. In the year as a whole, construction output prices were 7.4% higher on average than in the previous year.

In relation with the coronavirus pandemic the performance of the Hungarian economy decreased by 5.5% in the 1st – 3rd semesters of 2020, this result is replacing the 4-5% growths of the corresponding periods of the previous three years. During the same time the average GDP of the EU-27 states shrunk in a larger degree than the Hungarian one, by 7.0%. The population of Hungary decreased by 29 thousand people between January-October 2020 due to the natural decrease, this number is 5 thousand less year-on-year.

The yearbook presents how demographic, socio-economic trends and environmental characteristics changed over time in Hungary. The main indicators are illustrated in time series or regional comparisons by charts and maps; the interactive versions of these are available on our website. Spatial disparities among counties and regions as well as international indicators are presented in separate chapters. The internet annex contains the publication in PDF format and all tables in Excel format.

Every year the Statistical Pocketbook of Hungary is the first detailed tabular publication comprising all themes, which provides information on socio-economic processes in the previous year according to preliminary data. Its regional chapter presents the different regions, while its international chapter allows for comparisons of major data primarily on member states of the European Union. The interpretation of figures is supported by methodological description and while orientation by several charts.