Hungary: Economic and Financial Data

Date of last update: 18 January 2021

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 Q3/20 12 176,4 10 831,1
** Household final consumption expenditure HUF billion Q3/20 5 578,7 5 282,7
** Social transfer in kind from government HUF billion Q3/20 1 101,4 1 226,6
** Social transfer in kind from NPISHs HUF billion Q3/20 247,0 239,3
** Actual final consumption of households HUF billion Q3/20 6 927,1 6 748,5
** Actual final consumption of government HUF billion Q3/20 1 146,8 1 306,6
** Actual final consumption, total HUF billion Q3/20 8 073,9 8 055,1
** Gross fixed capital formation HUF billion Q3/20 3 594,0 3 273,4
** Exports HUF billion Q3/20 9 817,2 7 808,7
** Imports HUF billion Q3/20 9 308,0 7 861,9
** External balance of goods and services HUF billion Q3/20 509,2 -53,2
** Changes in inventories HUF billion Q3/20 -22,5 -465,3
* GDP at constant prices HUF billion at 2015 prices Q3/20 10 115,5 8 789,4 -4,6 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q3/20 4 758,2 4 575,7 -2,7
** Social transfer in kind from government HUF billion Q3/20 869,8 818,4 0,2
** Social transfer in kind from NPISHs HUF billion Q3/20 199,2 193,8 0,8
** Actual final consumption of households HUF billion Q3/20 5 822,2 5 581,5 -2,2
** Actual final consumption of government HUF billion Q3/20 904,6 973,5 -4,8
** Actual final consumption, total HUF billion Q3/20 6 725,8 6 562,4 -2,5
** Gross fixed capital formation HUF billion Q3/20 2 794,5 2 513,5 -13,7
** Exports HUF billion Q3/20 9 057,7 7 188,9 -5,2
** Imports HUF billion Q3/20 8 732,9 7 403,8 -5,2
** External balance of goods and services HUF billion Q3/20 n.d. n.d. n.d.
** Changes in inventories HUF billion Q3/20 n.d. n.d. n.d.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2015 monthly average = 100,0 Nov/20 118,8 120,3 1,7 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 Sep/20-Nov/20 4 476,4 4 482,4 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Sep/20-Nov/20 203,8 202,2 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Sep/20-Nov/20 4,4 4,3
* Wages/earnings average monthly gross earnings in HUF Oct/20 397 364 392 349 8,8 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final Dec/20 102,7 102,4 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Nov/20 105,7 105,7 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 of Finance
* Total revenues HUF million 2019 20 273 630 18 455 638 9,9 Data refers to audited cash based final fiscal accounts data approved by the Parliament and used as working balance for compilation 2016 October EDP Notification. Data are consolidated and include local government data as well.
* Total expenditures HUF million 2019 21 477 857 19 657 744 9,3
* General government surplus/deficit HUF million 2019 -1 204 228 -1 202 106 0,2
* Total financing HUF million 2019 1 204 228 1 202 106 0,2
** Foreign debt financing HUF million 2019 -549 156 -90 263 508,4
** Domestic debt financing HUF million 2019 1 455 025 2 022 361 -28,1
*** Bonds HUF million 2019 441 100 1 045 053 -57,8
*** Treasury bills HUF million 2019 978 286 911 001 7,4
*** Loans HUF million 2019 35 639 66 307 -46,3
** Other financing HUF million 2019 298 359 -729 991 -140,9
Central government operations Ministry of Finance
* Total revenues HUF million Nov/20 1 611 754 2 057 619 -6,2
* Total expenditures HUF million Nov/20 2 305 678 2 391 513 20,8
* Central government surplus/deficit HUF million Nov/20 -693 924 -333 894 263,5
* Total financing HUF million Nov/20 693 924 333 894 263,5
** Foreign debt financing HUF million Nov/20 895 751 5 394 2 486,9
** Domestic debt financing HUF million Nov/20 298 766 568 636 -47,5
*** Bonds HUF million Nov/20 89 062 585 930 -46,3
*** Treasury bills HUF million Nov/20 209 704 -17 294 84,2
*** Loans HUF million Nov/20 0 0 0,0
** Other financing HUF million Nov/20 -500 593 -240 136 405,7
Central government debt Government Debt Management Agency Pte. Ltd.
*** Total domestic currency debt HUF billion Q3/20 27 009 25 559
- short-term HUF billion Q3/20 2 114 2 348
- long-term HUF billion Q3/20 24 895 23 211
**** Loans HUF billion Q3/20 1 162 1 162
**** Government securities HUF billion Q3/20 25 848 24 398
*** Total foreign currency debt HUF billion Q3/20 6 276 6 043
- short-term HUF billion Q3/20 0 0
- long-term HUF billion Q3/20 6 276 6 043
**** Loans HUF billion Q3/20 1 034 967
**** Government securities HUF billion Q3/20 5 243 5 076
** Total outstanding debt HUF billion Q3/20 33 286 31 602
**Mark-to-market deposits placed at AKK and other liabilities HUF billion Q3/20 209 252
*Grand total central government debt HUF billion Q3/20 33 495 31 853
** Guaranteed debt HUF billion Q3/20 n.d. 4 645 Not available yet for 30/09/2020

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 Nov/20 28 273,5 27 757,8
** M2 HUF billion Nov/20 31 903,5 31 322,4
** M3 HUF billion Nov/20 31 965,3 31 383,5
** Loans to residents HUF billion Nov/20 19 839,2 19 785,4
** Loans to general government HUF billion Nov/20 716,5 705,7
** Loans to other residents HUF billion Nov/20 19 122,7 19 079,6
** Net external assets HUF billion Nov/20 1 616,0 1 629,1
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion Dec/20 9 279,6 8 803,5
* Loans to general government1 HUF billion Dec/20 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion Dec/20 4 462,0 4 099,1
* Net external assets HUF billion Dec/20 9 812,9 10 572,6
Interest rates
* Base rate of the NBH % per annum Jul/20 0,60 0,75 For daily data please click on:
Magyar Nemzeti Bank
* Overnight interbank lending rate % per annum Nov/20 0,49 0,51 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Nov/20 0,75 0,75
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 Nov/20 2,62 2,64
* Short-term deposit rates % per annum Nov/20 0,55 0,52
Household Magyar Nemzeti Bank
* Lending rates % per annum Nov/20 6,36 6,42 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 Nov/20 0,02 0,02
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Nov/20 38 782,16 32 279,17 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 Q3/20 807,0 -644,6
** Exports of goods and services EUR million, final Q3/20 27 741,8 22 247,3
** Imports of goods and services EUR million, final Q3/20 26 312,7 22 230,5
** Primary income, net EUR million, final Q3/20 -578,7 -425,7
** Secondary income, net EUR million, final Q3/20 -43,4 -235,7
* Capital account, net EUR million, final Q3/20 931,8 657,2
* Financial account, net assets EUR million, final Q3/20 395,9 -1 103,9
**Direct investment, net assets EUR million, final Q3/20 -198,0 -431,1
**Portfolio investment, net assets EUR million, final Q3/20 -149,2 -2 492,0
** Financial derivatives (other than reserves), net assets EUR million, final Q3/20 -399,4 170,3
**Other investment, net assets EUR million, final Q3/20 -1 258,7 -2 834,0
* Reserve assets EUR million, final Q3/20 2 401,3 4 482,9
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million Dec/20 41 352 39 007 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 Dec/20 38 994 36 767
** Monetary gold USD million Dec/20 1 919 1 797
**SDRs USD million Dec/20 4 4
**Reserve position in the IMF USD million Dec/20 431 426
**Other reserve assets (other claims) USD million Dec/20 5 12
International reserves and foreign currency liquidity EUR million Dec/20 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/stadat
* Total exports USD million, f.o.b. Nov/20 12 004 11 975 14,3
* Total imports USD million, c.i.f. Nov/20 11 045 10 920 8,9
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q3/20 378 135,7 374 801,1
** Direct investment EUR million, final Q3/20 297 582,6 295 787,2
** Portfolio investment EUR million, final Q3/20 11 774,6 11 703,7
- equity and investment fund shares EUR million, final Q3/20 8 218,6 7 939,6
- debt securities EUR million, final Q3/20 3 556,1 3 764,0
** Financial derivatives EUR million, final Q3/20 2 623,1 3 385,3
** Other investment (assests) EUR million, final Q3/20 33 943,0 33 732,2
- short-term EUR million, final Q3/20 23 776,2 22 894,0
- long-term EUR million, final Q3/20 9 623,0 10 294,8
** Reserve assets EUR million, final Q3/20 32 212,3 30 192,8
* Liabilities EUR million, final Q3/20 428 097,4 427 523,9
** Direct investment EUR million, final Q3/20 337 609,9 336 579,2
** Portfolio investment EUR million, final Q3/20 40 989,8 42 514,7
- equity and investment fund shares EUR million, final Q3/20 10 346,2 11 960,4
- debt securities EUR million, final Q3/20 30 643,6 30 554,3
** Financial derivatives EUR million, final Q3/20 2 753,0 2 872,9
** Other investment (liabilities) EUR million, final Q3/20 46 744,6 45 557,2
- short-term EUR million, final Q3/20 17 165,8 15 018,7
- long-term EUR million, final Q3/20 29 561,5 30 520,8
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q3/20 108 771,6 108 560,4
** In direct investment enterprises EUR million, final Q3/20 27 275,3 26 723,7
** In direct investor (reverse investment) EUR million, final Q3/20 3 241,6 3 110,8
*** Between fellow enterprises EUR million, final Q3/20 78 254,7 78 726,0
* Other debt EUR million, final Q3/20 77 370,8 76 093,8
** Central bank (S.121) EUR million, final Q3/20 7 100,7 4 393,8
*** Short-term EUR million, final Q3/20 5 909,5 3 174,8
- Deposits EUR million, final Q3/20 2 805,5 3 174,8
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 3 104,0 0,0
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 0,0 0,0
*** Long-term EUR million, final Q3/20 1 191,2 1 219,0
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 0,0 0,0
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 0,0 0,0
- SDRs EUR million, final Q3/20 1 191,2 1 219,0
** Other MFIs (S.12T) EUR million, final Q3/20 17 028,0 18 577,8
*** Short-term EUR million, final Q3/20 4 597,5 5 364,6
- Deposits EUR million, final Q3/20 4 268,4 4 665,7
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 255,1 553,2
- Trade credits and advances EUR million, final Q3/20 11,7 5,7
- Other accounts payable EUR million, final Q3/20 62,2 140,0
*** Long-term EUR million, final Q3/20 12 430,5 13 213,2
- Deposits EUR million, final Q3/20 6 800,3 7 332,9
- Debt securities EUR million, final Q3/20 2 133,2 2 222,2
- Loans EUR million, final Q3/20 3 497,1 3 658,1
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 0,0 0,0
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q3/20 17 028,0 18 577,8
**** Short-term EUR million, final Q3/20 4 597,5 5 364,6
- Deposits EUR million, final Q3/20 4 268,4 4 665,7
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 255,1 553,2
- Trade credits and advances EUR million, final Q3/20 11,7 5,7
- Other accounts payable EUR million, final Q3/20 62,2 140,0
**** Long-term EUR million, final Q3/20 12 430,5 13 213,2
- Deposits EUR million, final Q3/20 6 800,3 7 332,9
- Debt securities EUR million, final Q3/20 2 133,2 2 222,2
- Loans EUR million, final Q3/20 3 497,1 3 658,1
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 0,0 0,0
*** Money market funds (S.123) EUR million, final Q3/20 0,0 0,0
**** Short-term EUR million, final Q3/20 0,0 0,0
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 0,0 0,0
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 0,0 0,0
**** Long-term EUR million, final Q3/20 0,0 0,0
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 0,0 0,0
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 0,0 0,0
** General government (S.13) EUR million, final Q3/20 34 986,8 34 771,2
*** Short-term EUR million, final Q3/20 778,1 891,8
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 87,9 88,1
- Loans EUR million, final Q3/20 573,2 705,1
- Trade credits and advances EUR million, final Q3/20 10,0 9,9
- Other accounts payable EUR million, final Q3/20 107,1 88,7
*** Long-term EUR million, final Q3/20 34 208,7 33 879,3
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 27 418,2 27 292,4
- Loans EUR million, final Q3/20 6 395,0 6 340,0
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 395,5 247,0
- SDRs EUR million, final Q3/20 0,0 0,0
** Other sectors (S.1P) EUR million, final Q3/20 18 255,4 18 351,0
*** Short-term EUR million, final Q3/20 5 972,7 5 679,7
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 4,1 4,2
- Loans EUR million, final Q3/20 756,0 700,4
- Trade credits and advances EUR million, final Q3/20 4 730,8 4 471,1
- Other accounts payable EUR million, final Q3/20 481,7 504,1
*** Long-term EUR million, final Q3/20 12 282,7 12 671,3
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 1 000,3 947,5
- Loans EUR million, final Q3/20 11 166,5 11 604,8
- Trade credits and advances EUR million, final Q3/20 1,4 1,4
- Other accounts payable EUR million, final Q3/20 114,6 117,6
*** Financial corporations other than MFIs (S.12M) EUR million, final Q3/20 2 452,9 2 444,7
**** Short-term EUR million, final Q3/20 611,9 639,0
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 0,0 0,0
- Loans EUR million, final Q3/20 485,3 495,0
- Trade credits and advances EUR million, final Q3/20 3,1 8,5
- Other accounts payable EUR million, final Q3/20 123,4 135,4
**** Long-term EUR million, final Q3/20 1 841,0 1 805,7
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 211,2 211,9
- Loans EUR million, final Q3/20 1 524,2 1 485,1
- Trade credits and advances EUR million, final Q3/20 0,0 0,0
- Other accounts payable EUR million, final Q3/20 105,6 108,7
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q3/20 15 802,5 15 906,3
**** Short-term EUR million, final Q3/20 5 360,8 5 040,8
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 4,1 4,2
- Loans EUR million, final Q3/20 270,7 205,4
- Trade credits and advances EUR million, final Q3/20 4 727,7 4 462,5
- Other accounts payable EUR million, final Q3/20 358,3 368,7
**** Long-term EUR million, final Q3/20 10 441,7 10 865,6
- Deposits EUR million, final Q3/20 0,0 0,0
- Debt securities EUR million, final Q3/20 789,1 735,6
- Loans EUR million, final Q3/20 9 642,3 10 119,6
- Trade credits and advances EUR million, final Q3/20 1,4 1,4
- Other accounts payable EUR million, final Q3/20 8,9 8,9
*Gross external debt EUR million, final Q3/20 186 142,4 184 654,2
** Short term EUR million, final Q3/20 17 257,7 15 111,0
** Long term EUR million, final Q3/20 60 113,1 60 982,8
** Direct investment (intercompany) debt liabilities EUR million, final Q3/20 108 771,6 108 560,4
** Denominated in foreign currencies EUR million, final Q3/20 155 389,1 152 876,1
** Denominated in Forints EUR million, final Q3/20 30 753,4 31 778,1
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) Dec/20 359,01 360,07
* US Dollar HUF per 1 USD (monthly average) Dec/20 295,06 304,24

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 Jan/2020 9 769 9 764 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 Q3/20 -499,3 -5 423,5 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.