Economic performance grows by 4.5%
The gross domestic product of Hungary was up by 4.5% according to raw data and by 4.6% according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2019 compared to the corresponding period of the previous year. Market-based services contributed to the growth to a greater, industry and construction to a lesser extent. In 2019, GDP rose by 4.9% compared to a year earlier.
Compared to the previous quarter, the volume of gross domestic product grew by 1.0% – according to seasonally and calendar adjusted and reconciled data – in the 4th quarter of 2019.
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 | |
| 2016 | 101.3 | 103.1 | 102.5 | 101.9 | 102.2 | 102.3 | 102.2 | 101.3 | 102.6 | 102.3 | 102.1 | 102.0 | 102.1 | 102.1 |
| 2017 | 104.7 | 103.7 | 104.3 | 104.7 | 104.2 | 104.2 | 104.3 | 104.4 | 104.2 | 104.5 | 105.1 | 104.3 | 104.3 | 104.5 |
| 2018 | 104.7 | 105.0 | 105.3 | 105.3 | 104.9 | 105.0 | 105.1 | 105.1 | 104.8 | 105.5 | 105.1 | 105.0 | 105.2 | 105.1 |
| 2019 | 105.3 | 104.9 | 105.0 | 104.5 | 105.1 | 105.1 | 104.9 | 105.3 | 105.1 | 104.8 | 104.5 | 105.2 | 105.1 | 104.9 |
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 | ||||||||||
| 2016 | 101.4 | 102.5 | 102.4 | 102.2 | 101.9 | 102.1 | 102.1 | 99.4 | 101.4 | 100.6 | 100.8 |
| 2017 | 104.3 | 104.1 | 104.5 | 105.2 | 104.2 | 104.3 | 104.5 | 101.4 | 101.2 | 100.9 | 101.5 |
| 2018 | 105.0 | 104.9 | 105.5 | 105.1 | 105.0 | 105.1 | 105.1 | 101.3 | 101.1 | 101.5 | 101.2 |
| 2019 | 105.2 | 105.1 | 104.7 | 104.6 | 105.2 | 105.0 | 104.9 | 101.3 | 101.1 | 101.1 | 101.0 |