Published on: 15 May 2018

Economic performance grows by 4.4%

The gross domestic product of Hungary was up by 4.4% according to raw data and by 4.7% according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2018 compared to the corresponding period of the previous year. The main contributors to the growth were market-based services.

Compared to the previous quarter the volume of gross domestic product grew by 1.2% – according to seasonally and calendar adjusted and reconciled data – in the 1st quarter of 2018.

According to seasonally and calendar adjusted and reconciled data the volume of gross domestic product increased by 4.7% compared to the corresponding period of the previous year.

Volume indices of GDP

(corresponding period of previous year=100.0)

(%)

Year Unadjusted, raw data Calendar adjusted data
I II III IV I–II I–III I–IV I II III IV I–II I–III I–IV
2015103.9103.1102.8103.6103.5103.3103.4103.9103.1102.8103.4103.5103.3103.3
2016101.3103.1102.5101.9102.3102.3102.2101.4102.7102.3102.1102.0102.1102.1
2017104.3103.3103.9104.4103.8103.8104.0104.0103.9104.1104.8103.9104.0104.2
2018104.4104.8

Seasonally and calendar adjusted and reconciled volume indices of GDP

(%)

Year I II III IV I–II I–III I–IV I II III IV
corresponding period of previous year=100.0 previous quarter=100.0
2015104.0103.0102.9103.3103.5103.3103.3101.4100.2100.7101.0
2016101.5102.5102.4102.1102.0102.1102.199.6101.2100.6100.7
2017103.9103.8104.3104.9103.9104.0104.2101.4101.1101.1101.3
2018104.7101.2