Hungary: Economic and Financial Data

Date of last update: 23 January 2015

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 Q3/14 8 269,4 7 825,8
** Household final consumption expenditure HUF billion Q3/14 3 865,4 3 926,4
** Social transfer in kind from government HUF billion Q3/14 792,5 797,9
** Social transfer in kind from NPISHs HUF billion Q3/14 118,9 118,2
** Actual final consumption of households HUF billion Q3/14 4 776,7 4 842,5
** Actual final consumption of government HUF billion Q3/14 769,6 802,2
** Actual final consumption, total HUF billion Q3/14 5 546,3 5 644,7
** Gross fixed capital formation HUF billion Q3/14 1 887,8 1 675,0
** Exports HUF billion Q3/14 7 439,5 7 232,7
** Imports HUF billion Q3/14 6 754,0 6 688,4
** External balance of goods and services HUF billion Q3/14 685,5 544,3
** Changes in inventories HUF billion Q3/14 149,8 -38,1
* GDP at constant prices HUF billion at 2005 prices Q3/14 6021,8 5 789,8 3,2 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q3/14 2 711,7 2 754,5 1,0
** Social transfer in kind from government HUF billion Q3/14 621,6 644,9 2,1
** Social transfer in kind from NPISHs HUF billion Q3/14 76,4 76,4 -2,0
** Actual final consumption of households HUF billion Q3/14 3 410,3 3 474,5 1,1
** Actual final consumption of government HUF billion Q3/14 609,2 646,5 3,0
** Actual final consumption, total HUF billion Q3/14 4 020,4 4 119,3 1,3
** Gross fixed capital formation HUF billion Q3/14 1 426,2 1 291,6 13,2
** Exports HUF billion Q3/14 6 348,4 6 238,8 7,9
** Imports HUF billion Q3/14 5 675,2 5 670,8 11,0
** External balance of goods and services HUF billion Q3/14 673,3 568,0
** Changes in inventories HUF billion Q3/14 n.a. n.a.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2010 monthly average = 100,0 Nov/14 113,7 110,1 5,8 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 Sep/14- Nov/14 4 155,1 4 150,6 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Sep/14- Nov/14 320,7 317,1 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Sep/14- Nov/14 7,2 7,1
* Wages/earnings average monthly gross earnings in HUF Nov/14 251 283 237 539 1,1 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final Dec/14 99,8 99,7 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Nov/14 100,1 100,5 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: 2013 Data refers to audited cash based final fiscal accounts data approved by the Parliament and used as working balance for compilation 2014 October EDP Notification. Data are consolidated and include local government data as well. Central government cash balance was -932791 HUF million in 2013 (including the balance of SS Funds +786 HUF million). Local government cash balance was surplus with 112870 million HUF due to reorganisation roles and responsibilities in public services between central and local level of government and transfers from the central budget for repayment of debt of local governments.
* Total revenues HUF million 2013 14 720 113 13 481 229 9
* Total expenditures HUF million 2013 15 540 034 13 989 534 11
* General government surplus/deficit HUF million 2013 -819 921 -508 305 61
* Total financing HUF million 2013 819 921 508 305 61
** Foreign debt financing HUF million 2013 -189 841 -1 269 376 -85
** Domestic debt financing HUF million 2013 1 508 077 1 679 474 -10
*** Bonds HUF million 2013 515 158 894 079 -42
*** Treasury bills HUF million 2013 699 910 878 400 -20
*** Loans HUF million 2013 293 008 -93 005 -415
** Other financing HUF million 2013 -498 315 98 207 -607
Central government operations Ministry for National Economy
* Total revenues HUF million Dec/2014 2 266 581 1 632 915 0,1
* Total expenditures HUF million Dec/2014 2 378 531 1 537 052 0,1
* Central government surplus/deficit HUF million Dec/2014 -111 950 95 863 1,1
* Total financing HUF million Dec/2014 111 950 -95 863 1,1
** Foreign debt financing HUF million Dec/2014 -114 028 -661 740 8,3
** Domestic debt financing HUF million Dec/2014 -182 708 -177 793 -0,4
*** Bonds HUF million Dec/2014 84 914 121 690 -1,3
*** Treasury bills HUF million Dec/2014 -211 328 -244 273 -6,5
*** Loans HUF million Dec/2014 -56 294 -55 210 3,4
** Other financing HUF million Dec/2014 408 686 743 670 0,1
Central government debt http://akk.hu
For daily data please click on:
*** Total domestic currency debt HUF billion Q4/14 14 612,04 14 708,19
- short-term HUF billion Q4/14 2 991,11 3 516,32
- long-term HUF billion Q4/14 11 620,93 11 191,87
**** Loans HUF billion Q4/14 623,30 661,35
**** Government securities HUF billion Q4/14 13 988,75 14 046,84
*** Total foreign currency debt HUF billion Q4/14 8 957,90 9 617,03
- short-term HUF billion Q4/14 0,00 0,00
- long-term HUF billion Q4/14 8 957,90 9 617,03
**** Loans HUF billion Q4/14 2 164,34 2 958,13
**** Government securities HUF billion Q4/14 6 793,56 6 658,90
** Total outstanding debt HUF billion Q4/14 23 569,94 24 325,22
**Mark-to-market deposits placed at AKK HUF billion Q4/14 311,15 147,25
*Grand total central government debt HUF billion Q4/14 23 881,10 24 472,46
** Guaranteed debt HUF billion Q4/14 - 2 586,64 Not available yet for 31/12/2014

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/14 10 222,6 9 914,6
** M2 HUF billion Nov/14 16 725,4 16 596,1
** M3 HUF billion Nov/14 18 186,7 18 096,0
** Loans to residents HUF billion Nov/14 15 050,5 15 189,9
** Loans to general government HUF billion Nov/14 662,2 759,9
** Loans to other residents HUF billion Nov/14 14 388,2 14 430,0
** Net external assets HUF billion Nov/14 6 921,0 7 119,9
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion Dec/14 4 517,0 4 225,6
* Loans to general government1 HUF billion Dec/14 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion Dec/14 1 013,4 970,2
* Net external assets HUF billion Dec/14 10 500,7 10 253,6
Interest rates
* Base rate of the NBH % per annum Nov/14 2,10 2,10 For daily data please click on:
Magyar Nemzeti Bank
* Overnight interbank lending rate % per annum Nov/14 1,60 1,40 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Nov/14 2,16 2,10
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/14 4,39 4,45
* Short-term deposit rates % per annum Nov/14 1,60 1,60
Household Magyar Nemzeti Bank
* Lending rates % per annum Nov/14 12,37 12,18
* Sight deposit rates % per annum Nov/14 0,47 0,49
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Nov/14 17 350,09 17 320,32 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 Q3/14 1 368,1 856,9
** Exports of goods and services EUR million, final Q3/14 23 867,7 23 625,3
** Imports of goods and services EUR million, final Q3/14 21 653,3 21 848,8
** Primary income, net EUR million, final Q3/14 -754,9 -769,0
** Secondary income, net EUR million, final Q3/14 -91,4 -150,6
* Capital account, net EUR million, final Q3/14 1 010,9 756,2
* Financial account, net assets EUR million, final Q3/14 1 912,0 1 615,0
**Direct investment, net assets EUR million, final Q3/14 -582,1 2 178,3
**Portfolio investment, net assets EUR million, final Q3/14 2 752,2 606,0
** Financial derivatives (other than reserves), net assets EUR million, final Q3/14 -67,2 34,2
**Other investment, net assets EUR million, final Q3/14 353,0 -1 013,1
* Reserve assets EUR million, final Q3/14 -543,9 -190,4
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million Dec/14 42 018 42 453
**Foreign currency reserves (currency and deposits, and securities) USD million Dec/14 40 899 41 000
** Monetary gold USD million Dec/14 118 117
**SDRs USD million Dec/14 19 19
**Reserve position in the IMF USD million Dec/14 107 108
**Other reserve assets (other claims) USD million Dec/14 875 1 208
International reserves and foreign currency liquidity EUR million Dec/14 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/first_release
www.ksh.hu/stadat
* Total exports USD million, f.o.b. Nov/14 9 539,5 9 567,2 -4,6
* Total imports USD million, c.i.f. Nov/14 8 502,0 9 104,5 -5,3
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q3/14 251 612,5 238 123,1
** Direct investment EUR million, final Q3/14 190 116,9 177 803,8
** Portfolio investment EUR million, final Q3/14 7 200,0 6 691,0
- equity and investment fund shares EUR million, final Q3/14 5 575,0 5 195,8
- debt securities EUR million, final Q3/14 1 624,9 1 495,2
** Financial derivatives EUR million, final Q3/14 2 525,3 1 771,5
** Other investment (assests) EUR million, final Q3/14 16 086,3 15 776,8
- short-term EUR million, final Q3/14 11 629,5 11 407,6
- long-term EUR million, final Q3/14 4 037,8 3 965,3
** Reserve assets EUR million, final Q3/14 35 684,0 36 080,0
* Liabilities EUR million, final Q3/14 330 306,0 320 155,8
** Direct investment EUR million, final Q3/14 230 444,2 217 997,3
** Portfolio investment EUR million, final Q3/14 49 652,2 51 672,8
- equity and investment fund shares EUR million, final Q3/14 7 596,4 7 909,2
- debt securities EUR million, final Q3/14 42 055,8 43 763,6
** Financial derivatives EUR million, final Q3/14 2 523,5 3 026,5
** Other investment (liabilities) EUR million, final Q3/14 47 686,1 47 459,2
- short-term EUR million, final Q3/14 16 231,7 15 237,8
- long-term EUR million, final Q3/14 31 424,4 32 191,4
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q3/14 60 335,2 58 122,4
** In direct investment enterprises EUR million, final Q3/14 32 295,0 31 615,9
** In direct investor (reverse investment) EUR million, final Q3/14 3 599,0 2 923,5
*** Between fellow enterprises EUR million, final Q3/14 24 441,2 23 582,9
* Other debt EUR million, final Q3/14 89 711,9 91 192,8
** Central bank (S.121) EUR million, final Q3/14 1 432,5 2 719,1
*** Short-term EUR million, final Q3/14 227,2 1 558,0
- Deposits EUR million, final Q3/14 227,2 141,2
- Debt securities EUR million, final Q3/14 0,0 1 416,8
- Loans EUR million, final Q3/14 0,0 0,0
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
*** Long-term EUR million, final Q3/14 1 205,2 1 161,1
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 40,9 40,4
- Loans EUR million, final Q3/14 0,0 0,0
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
- SDRs EUR million, final Q3/14 1 164,3 1 120,7
** Other MFIs (S.12T) EUR million, final Q3/14 18 710,6 18 734,1
*** Short-term EUR million, final Q3/14 9 125,9 8 611,2
- Deposits EUR million, final Q3/14 8 143,1 8 091,9
- Debt securities EUR million, final Q3/14 0,6 2,0
- Loans EUR million, final Q3/14 949,8 481,3
- Trade credits and advances EUR million, final Q3/14 0,7 1,0
- Other accounts payable EUR million, final Q3/14 31,7 35,0
*** Long-term EUR million, final Q3/14 9 584,7 10 122,9
- Deposits EUR million, final Q3/14 1 698,5 1 860,6
- Debt securities EUR million, final Q3/14 2 649,6 2 748,3
- Loans EUR million, final Q3/14 5 236,6 5 513,9
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q3/14 18 710,6 18 734,1
**** Short-term EUR million, final Q3/14 9 125,9 8 611,2
- Deposits EUR million, final Q3/14 8 143,1 8 091,9
- Debt securities EUR million, final Q3/14 0,6 2,0
- Loans EUR million, final Q3/14 949,8 481,3
- Trade credits and advances EUR million, final Q3/14 0,7 1,0
- Other accounts payable EUR million, final Q3/14 31,7 35,0
**** Long-term EUR million, final Q3/14 9 584,7 10 122,9
- Deposits EUR million, final Q3/14 1 698,5 1 860,6
- Debt securities EUR million, final Q3/14 2 649,6 2 748,3
- Loans EUR million, final Q3/14 5 236,6 5 513,9
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
*** Money market funds (S.123) EUR million, final Q3/14 0,0 0,0
**** Short-term EUR million, final Q3/14 0,0 0,0
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 0,0 0,0
- Loans EUR million, final Q3/14 0,0 0,0
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
**** Long-term EUR million, final Q3/14 0,0 0,0
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 0,0 0,0
- Loans EUR million, final Q3/14 0,0 0,0
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
** General government (S.13) EUR million, final Q3/14 50 614,1 50 731,4
*** Short-term EUR million, final Q3/14 2 943,8 2 578,2
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 594,5 510,4
- Loans EUR million, final Q3/14 484,0 352,3
- Trade credits and advances EUR million, final Q3/14 2,1 1,9
- Other accounts payable EUR million, final Q3/14 1 863,2 1 713,7
*** Long-term EUR million, final Q3/14 47 670,2 48 153,1
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 37 072,5 37 335,9
- Loans EUR million, final Q3/14 10 597,7 10 817,3
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 0,0 0,0
- SDRs EUR million, final Q3/14 0,0 0,0
** Other sectors (S.1P) EUR million, final Q3/14 18 954,7 19 008,2
*** Short-term EUR million, final Q3/14 4 529,8 4 419,6
- Deposits EUR million, final Q3/14 0,5 0,0
- Debt securities EUR million, final Q3/14 0,1 0,1
- Loans EUR million, final Q3/14 665,8 778,5
- Trade credits and advances EUR million, final Q3/14 3 638,4 3 462,1
- Other accounts payable EUR million, final Q3/14 225,1 179,0
*** Long-term EUR million, final Q3/14 14 424,9 14 588,6
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 1 697,7 1 709,7
- Loans EUR million, final Q3/14 12 667,9 12 770,1
- Trade credits and advances EUR million, final Q3/14 10,2 10,2
- Other accounts payable EUR million, final Q3/14 49,1 98,6
*** Financial corporations other than MFIs (S.12M) EUR million, final Q3/14 3 159,3 3 167,1
**** Short-term EUR million, final Q3/14 275,6 370,0
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 0,0 0,0
- Loans EUR million, final Q3/14 264,8 357,4
- Trade credits and advances EUR million, final Q3/14 4,8 5,2
- Other accounts payable EUR million, final Q3/14 6,0 7,3
**** Long-term EUR million, final Q3/14 2 883,7 2 797,2
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 28,8 27,8
- Loans EUR million, final Q3/14 2 816,9 2 728,9
- Trade credits and advances EUR million, final Q3/14 0,0 0,0
- Other accounts payable EUR million, final Q3/14 38,1 40,5
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q3/14 15 795,4 15 841,1
**** Short-term EUR million, final Q3/14 4 254,2 4 049,7
- Deposits EUR million, final Q3/14 0,5 0,0
- Debt securities EUR million, final Q3/14 0,1 0,1
- Loans EUR million, final Q3/14 401,0 421,0
- Trade credits and advances EUR million, final Q3/14 3 633,6 3 456,8
- Other accounts payable EUR million, final Q3/14 219,1 171,6
**** Long-term EUR million, final Q3/14 11 541,2 11 791,4
- Deposits EUR million, final Q3/14 0,0 0,0
- Debt securities EUR million, final Q3/14 1 668,9 1 681,9
- Loans EUR million, final Q3/14 9 851,0 10 041,2
- Trade credits and advances EUR million, final Q3/14 10,2 10,2
- Other accounts payable EUR million, final Q3/14 11,1 58,0
*Gross external debt EUR million, final Q3/14 150 047,1 149 315,1
** Short term EUR million, final Q3/14 16 826,8 17 167,1
** Long term EUR million, final Q3/14 72 885,1 74 025,7
** Direct investment (intercompany) debt liabilities EUR million, final Q3/14 60 335,2 58 122,4
** Denominated in foreign currencies EUR million, final Q3/14 114 385,3 111 985,4
** Denominated in Forints EUR million, final Q3/14 35 661,8 37 329,8
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/14 310,38 306,94
* US Dollar HUF per 1 USD (monthly average) Dec/14 251,60 246,19

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/2013 9 879 www.ksh.hu/stadat

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 Q3/14 -1 332,9 3 367,4 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.