Hungary: Economic and Financial Data

Date of last update: 28 June 2016

This page is updated whenever new data are released.

The data shown in this page correspond to the data described on the International Monetary Fund’s Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Hungary has committed, please click on DSBB Home Page.

Unless otherwise indicated, data are preliminary when first released and are not seasonally adjusted.

Comma (,) represents decimal point delimiter.

Figures may not sum due to rounding.

Acronyms used: HUF – Hungarian Forint; BUX – Budapest Stock Exchange Index

Real Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
National accounts www.ksh.hu/stadat
New data according to ESA2010
* GDP at current market prices HUF billion Q1/16 7 669,1 9 266,6
** Household final consumption expenditure HUF billion Q1/16 4 017,2 4 276,7
** Social transfer in kind from government HUF billion Q1/16 786,4 936,8
** Social transfer in kind from NPISHs HUF billion Q1/16 146,4 145,5
** Actual final consumption of households HUF billion Q1/16 4 950,1 5 359,0
** Actual final consumption of government HUF billion Q1/16 826,4 947,2
** Actual final consumption, total HUF billion Q1/16 5 776,5 6 306,3
** Gross fixed capital formation HUF billion Q1/16 1 027,2 2 316,8
** Exports HUF billion Q1/16 7 807,1 7 956,1
** Imports HUF billion Q1/16 6 931,8 7 333,4
** External balance of goods and services HUF billion Q1/16 875,3 622,7
** Changes in inventories HUF billion Q1/16 -9,9 20,8
* GDP at constant prices HUF billion at 2005 prices Q1/16 5 559,4 6 481,9 0,9 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q1/16 2 839,6 2 989,4 4,8
** Social transfer in kind from government HUF billion Q1/16 619,8 668,4 -0,3
** Social transfer in kind from NPISHs HUF billion Q1/16 88,9 91,3 5,2
** Actual final consumption of households HUF billion Q1/16 3 552,0 3 751,6 4,0
** Actual final consumption of government HUF billion Q1/16 604,4 725,7 3,4
** Actual final consumption, total HUF billion Q1/16 4 158,6 4 474,3 3,9
** Gross fixed capital formation HUF billion Q1/16 782,9 1 732,4 -7,8
** Exports HUF billion Q1/16 6 756,6 6 861,1 5,7
** Imports HUF billion Q1/16 6 053,6 6 295,8 7,8
** External balance of goods and services HUF billion Q1/16 n.a. n.a.
** Changes in inventories HUF billion Q1/16 n.a. n.a.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2010 monthly average = 100,0 Apr/16 125,0 118,6 5,3 www.ksh.hu/first_release
www.ksh.hu/stadat
Labor market
Notes: From December 2014, grossing up of LFS data is based on the adjusted population number of the 2011 census. To ensure comparability previous estimates have been modified by the new weighting system dating back to 2006.
* Employment persons, thousand final Mar/16- May/16 4 313,8 4 293,6 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Mar/16- May/16 250,7 264,9 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Mar/16- May/16 5,5 5,8
* Wages/earnings average monthly gross earnings in HUF Apr/16 264 471 264 318 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final May/16 101,0 100,7 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Apr/16 98,0 97,9 www.ksh.hu/first_release
www.ksh.hu/stadat

Fiscal Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
General government operations Ministry for National Economy
Notes: Data are preliminary cash based fiscal accounts data. Data are consolidated and include local government data as well. Central government cash balance was -807 173 HUF million in 2014 (including the balance of SS Funds). Local government cash balance was surplus with 89 624 million HUF.
* Total revenues HUF million 2014 15 996 093 14 720 113 9
* Total expenditures HUF million 2014 16 713 642 15 540 034 8
* General government surplus/deficit HUF million 2014 -717 549 -819 921 -12
* Total financing HUF million 2014 717 549 819 921 -12
** Foreign debt financing HUF million 2014 -856 604 -189 841 351
** Domestic debt financing HUF million 2014 2 038 152 1 508 077 35
*** Bonds HUF million 2014 1 722 774 515 158 234
*** Treasury bills HUF million 2014 406 248 699 910 -42
*** Loans HUF million 2014 -90 870 293 008 -131
** Other financing HUF million 2014 -463 998 -498 315 -7
Central government operations Ministry for National Economy
* Total revenues HUF million May/2016 1 446 982 1 288 633 5,0
* Total expenditures HUF million May/2016 1 315 290 1 307 721 2,8
* Central government surplus/deficit HUF million May/2016 131 692 -19 088 33,5
* Total financing HUF million May/2016 -131 692 19 088 33,5
** Foreign debt financing HUF million May/2016 -51 730 -426 910 -425,0
** Domestic debt financing HUF million May/2016 -252 067 253 047 -649,2
*** Bonds HUF million May/2016 -487 548 138 481 -530,1
*** Treasury bills HUF million May/2016 235 298 115 193 -428,2
*** Loans HUF million May/2016 183 -627 -95,7
** Other financing HUF million May/2016 172 105 192 951 -207,2
Central government debt http://akk.hu
For daily data please click on:
*** Total domestic currency debt HUF billion Q1/16 17 286,07 16 207,94
- short-term HUF billion Q1/16 3 982,61 3 114,28
- long-term HUF billion Q1/16 13 303,46 13 093,66
**** Loans HUF billion Q1/16 844,53 694,11
**** Government securities HUF billion Q1/16 16 441,53 15 513,83
*** Total foreign currency debt HUF billion Q1/16 7 554,50 7 735,80
- short-term HUF billion Q1/16 0,00 0,00
- long-term HUF billion Q1/16 7 554,50 7 735,80
**** Loans HUF billion Q1/16 1 698,93 1 696,81
**** Government securities HUF billion Q1/16 5 855,58 6 038,99
** Total outstanding debt HUF billion Q1/16 24 840,57 23 943,74
**Mark-to-market deposits placed at AKK HUF billion Q1/16 632,42 755,98
*Grand total central government debt HUF billion Q1/16 25 472,99 24 699,72
** Guaranteed debt HUF billion Q1/16 - 3 060,98 Not available yet for 31/03/2016

Financial Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Analytical accounts of the banking sector Magyar Nemzeti Bank
* Monetary aggregates
** M1 HUF billion Apr/16 13 039,9 13 019,3
** M2 HUF billion Apr/16 18 032,9 18 088,3
** M3 HUF billion Apr/16 19 147,1 19 248,4
** Loans to residents HUF billion Apr/16 13 230,5 13 268,4
** Loans to general government HUF billion Apr/16 411,1 397,2
** Loans to other residents HUF billion Apr/16 12 819,5 12 871,2
** Net external assets HUF billion Apr/16 7 133,3 7 546,5
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion May/16 4 791,9 4 734,1
* Loans to general government1 HUF billion May/16 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion May/16 1 740,3 1 604,4
* Net external assets HUF billion May/16 7 815,2 8 073,1
Interest rates
* Base rate of the NBH % per annum May/16 0,90 1,05 For daily data please click on:
Magyar Nemzeti Bank
* Overnight interbank lending rate % per annum Apr/16 1,05 1,25 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Apr/16 1,10 1,17
Yields on Treasury bills and Government Bonds Average yield at auctions and subscription
Benchmark yields
Corporate Magyar Nemzeti Bank
* Short-term lending rates % per annum Apr/16 3,22 3,26
* Short-term deposit rates % per annum Apr/16 0,84 0,93
Household Magyar Nemzeti Bank
* Lending rates % per annum Apr/16 8,11 8,15 Notes: Changes in interest rates in March 2015 related to the conversation of foreign currency loans into HUF, which are priced from February 2015 to apply the 2014 Act LXXVIII.
* Sight deposit rates % per annum Apr/16 0,24 0,26
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Apr/16 26 871,59 26 451,02 For daily data please click on:
http://www.bse.hu

External Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Balance of payments Magyar Nemzeti Bank
* Current account balance EUR million, final Q1/16 1 860,6 826,3
** Exports of goods and services EUR million, final Q1/16 25 027,4 25 460,2
** Imports of goods and services EUR million, final Q1/16 22 217,9 23 467,4
** Primary income, net EUR million, final Q1/16 -466,8 -1 175,5
** Secondary income, net EUR million, final Q1/16 -482,2 9,0
* Capital account, net EUR million, final Q1/16 425,0 2 307,2
* Financial account, net assets EUR million, final Q1/16 969,1 3 639,8
**Direct investment, net assets EUR million, final Q1/16 -177,2 -1 083,3
**Portfolio investment, net assets EUR million, final Q1/16 2 823,9 1 473,0
** Financial derivatives (other than reserves), net assets EUR million, final Q1/16 406,3 59,5
**Other investment, net assets EUR million, final Q1/16 719,8 5 161,1
* Reserve assets EUR million, final Q1/16 -2 803,6 -1 970,4
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million May/16 28 349 30 070 Notes: At market price including accrued interest. Preliminary data. The following factors played the most important role in the decrease of international reserve assets in March 2016. The effect of foreign currency operations of the ĮKK (Government Debt Management Agency) and the MĮK (Hungarian State Treasury) was about -1.2 billion euros, the major part of which was related to the redemption of the GBP denominated Government Bond. The remaining change was explained mostly by the decrease of the margin account of the ĮKK held at the MNB related to cross-currency exchange rate changes. Redemptions of central bank swap contracts related to the phasing out of households’ FX loans decreased the level of reserve assets by 2.9 billion euros. Furthermore, other factors contributed to the decline of reserve assets to a minor extent (e.g. revaluation effects related to exchange rate changes).
**Foreign currency reserves (currency and deposits, and securities) USD million May/16 26 611 29 209
** Monetary gold USD million May/16 120 126
**SDRs USD million May/16 17 17
**Reserve position in the IMF USD million May/16 421 423
**Other reserve assets (other claims) USD million May/16 1 180 295
International reserves and foreign currency liquidity EUR million May/16 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/first_release
www.ksh.hu/stadat
* Total exports USD million, f.o.b. Apr/16 9 063 8 916 10,7
* Total imports USD million, c.i.f. Apr/16 7 977 7 844 3,3
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q1/16 257 940,1 272 186,1
** Direct investment EUR million, final Q1/16 193 210,8 206 245,2
** Portfolio investment EUR million, final Q1/16 8 413,0 8 363,0
- equity and investment fund shares EUR million, final Q1/16 5 964,1 6 031,2
- debt securities EUR million, final Q1/16 2 449,0 2 331,8
** Financial derivatives EUR million, final Q1/16 3 771,3 4 365,8
** Other investment (assests) EUR million, final Q1/16 24 994,0 22 890,0
- short-term EUR million, final Q1/16 18 963,4 19 071,3
- long-term EUR million, final Q1/16 5 545,3 3 345,1
** Reserve assets EUR million, final Q1/16 27 551,0 30 322,1
* Liabilities EUR million, final Q1/16 328 177,9 342 574,5
** Direct investment EUR million, final Q1/16 235 359,9 249 028,8
** Portfolio investment EUR million, final Q1/16 47 568,3 49 268,4
- equity and investment fund shares EUR million, final Q1/16 10 812,1 9 931,7
- debt securities EUR million, final Q1/16 36 756,2 39 336,7
** Financial derivatives EUR million, final Q1/16 1 850,8 2 117,2
** Other investment (liabilities) EUR million, final Q1/16 43 398,9 42 160,1
- short-term EUR million, final Q1/16 13 385,6 14 029,6
- long-term EUR million, final Q1/16 29 987,0 28 103,9
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q1/16 60 998,7 62 387,2
** In direct investment enterprises EUR million, final Q1/16 39 537,0 38 598,7
** In direct investor (reverse investment) EUR million, final Q1/16 3 821,2 4 060,8
*** Between fellow enterprises EUR million, final Q1/16 17 640,4 19 727,7
* Other debt EUR million, final Q1/16 80 128,8 81 470,1
** Central bank (S.121) EUR million, final Q1/16 1 720,4 1 796,9
*** Short-term EUR million, final Q1/16 492,8 538,6
- Deposits EUR million, final Q1/16 492,8 538,6
- Debt securities EUR million, final Q1/16 0,0 0,0
- Loans EUR million, final Q1/16 0,0 0,0
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 0,0 0,0
*** Long-term EUR million, final Q1/16 1 227,5 1 258,3
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 0,0 0,0
- Loans EUR million, final Q1/16 0,0 0,0
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 0,0 0,0
- SDRs EUR million, final Q1/16 1 227,5 1 258,3
** Other MFIs (S.12T) EUR million, final Q1/16 16 786,0 16 934,9
*** Short-term EUR million, final Q1/16 5 247,6 6 198,0
- Deposits EUR million, final Q1/16 4 883,5 5 757,4
- Debt securities EUR million, final Q1/16 0,2 0,1
- Loans EUR million, final Q1/16 330,7 417,9
- Trade credits and advances EUR million, final Q1/16 1,6 1,8
- Other accounts payable EUR million, final Q1/16 31,7 20,8
*** Long-term EUR million, final Q1/16 11 538,3 10 736,9
- Deposits EUR million, final Q1/16 4 938,6 3 438,2
- Debt securities EUR million, final Q1/16 2 953,8 3 228,3
- Loans EUR million, final Q1/16 3 645,9 4 070,4
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 0,0 0,0
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q1/16 16 786,0 16 934,9
**** Short-term EUR million, final Q1/16 5 247,6 6 198,0
- Deposits EUR million, final Q1/16 4 883,5 5 757,4
- Debt securities EUR million, final Q1/16 0,2 0,1
- Loans EUR million, final Q1/16 330,7 417,9
- Trade credits and advances EUR million, final Q1/16 1,6 1,8
- Other accounts payable EUR million, final Q1/16 31,7 20,8
**** Long-term EUR million, final Q1/16 11 538,3 10 736,9
- Deposits EUR million, final Q1/16 4 938,6 3 438,2
- Debt securities EUR million, final Q1/16 2 953,8 3 228,3
- Loans EUR million, final Q1/16 3 645,9 4 070,4
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 0,0 0,0
*** Money market funds (S.123) EUR million, final Q1/16 0,0 0,0
**** Short-term EUR million, final Q1/16 0,0 0,0
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 0,0 0,0
- Loans EUR million, final Q1/16 0,0 0,0
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 0,0 0,0
**** Long-term EUR million, final Q1/16 0,0 0,0
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 0,0 0,0
- Loans EUR million, final Q1/16 0,0 0,0
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 0,0 0,0
** General government (S.13) EUR million, final Q1/16 44 352,5 45 915,8
*** Short-term EUR million, final Q1/16 2 084,1 2 454,7
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 32,2 30,5
- Loans EUR million, final Q1/16 2 012,6 2 413,9
- Trade credits and advances EUR million, final Q1/16 1,6 0,2
- Other accounts payable EUR million, final Q1/16 37,7 10,0
*** Long-term EUR million, final Q1/16 42 268,3 43 461,2
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 32 925,5 35 191,0
- Loans EUR million, final Q1/16 8 320,8 7 880,4
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 1 022,0 389,7
- SDRs EUR million, final Q1/16 0,0 0,0
** Other sectors (S.1P) EUR million, final Q1/16 17 270,0 16 822,5
*** Short-term EUR million, final Q1/16 5 593,6 4 869,1
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 0,2 0,2
- Loans EUR million, final Q1/16 1 580,7 1 042,1
- Trade credits and advances EUR million, final Q1/16 3 739,4 3 545,3
- Other accounts payable EUR million, final Q1/16 273,3 281,5
*** Long-term EUR million, final Q1/16 11 676,4 11 953,3
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 844,3 886,5
- Loans EUR million, final Q1/16 10 750,1 10 992,0
- Trade credits and advances EUR million, final Q1/16 12,8 12,9
- Other accounts payable EUR million, final Q1/16 69,1 61,9
*** Financial corporations other than MFIs (S.12M) EUR million, final Q1/16 1 712,2 1 749,3
**** Short-term EUR million, final Q1/16 416,9 411,4
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 0,0 0,0
- Loans EUR million, final Q1/16 396,2 397,9
- Trade credits and advances EUR million, final Q1/16 4,2 3,8
- Other accounts payable EUR million, final Q1/16 16,4 9,7
**** Long-term EUR million, final Q1/16 1 295,3 1 337,9
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 29,1 28,5
- Loans EUR million, final Q1/16 1 213,7 1 264,6
- Trade credits and advances EUR million, final Q1/16 0,0 0,0
- Other accounts payable EUR million, final Q1/16 52,6 44,8
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q1/16 15 557,8 15 073,1
**** Short-term EUR million, final Q1/16 5 176,7 4 457,7
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 0,2 0,2
- Loans EUR million, final Q1/16 1 184,4 644,2
- Trade credits and advances EUR million, final Q1/16 3 735,2 3 541,5
- Other accounts payable EUR million, final Q1/16 256,9 271,8
**** Long-term EUR million, final Q1/16 10 381,1 10 615,4
- Deposits EUR million, final Q1/16 0,0 0,0
- Debt securities EUR million, final Q1/16 815,3 857,9
- Loans EUR million, final Q1/16 9 536,4 9 727,4
- Trade credits and advances EUR million, final Q1/16 12,8 12,9
- Other accounts payable EUR million, final Q1/16 16,5 17,1
*Gross external debt EUR million, final Q1/16 141 127,4 143 857,3
** Short term EUR million, final Q1/16 13 418,2 14 060,4
** Long term EUR million, final Q1/16 66 710,6 67 409,7
** Direct investment (intercompany) debt liabilities EUR million, final Q1/16 60 998,7 62 387,2
** Denominated in foreign currencies EUR million, final Q1/16 107 537,4 110 938,6
** Denominated in Forints EUR million, final Q1/16 33 590,0 32 918,7
Exchange rates For daily data please click on:
http://english.mnb.hu
http://arfolyam.iridium.hu/
Magyar Nemzeti Bank
* Euro HUF per 1 Euro (monthly average) May/16 314,48 311,54
* US Dollar HUF per 1 USD (monthly average) May/16 278,05 274,74

Population

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Population persons, thousand Dec/2015 9 823 9 849 www.ksh.hu/first_release

Non-SDDS Data

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Balance of payments
* Non-debt creating financing, net assets EUR million, final Q1/16 1 705,5 -27 909,8 Magyar Nemzeti Bank

FOOTNOTES:

1) Claims on central government.

2) Claims on banks, non-bank financial institutions and non-financial institutions - private and public.

3) Gold is valued at the spot price announced on the Reuters page EFX=prevailing at 11 a.m. CET on the reference date at the end of each month.