Hungary: Economic and Financial Data

Date of last update: 05 February 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 Q3/15 8 688,9 8 259,2
** Household final consumption expenditure HUF billion Q3/15 3 961,2 4 054,4
** Social transfer in kind from government HUF billion Q3/15 814,6 842,2
** Social transfer in kind from NPISHs HUF billion Q3/15 137,1 138,0
** Actual final consumption of households HUF billion Q3/15 4 912,9 5 034,6
** Actual final consumption of government HUF billion Q3/15 834,6 846,8
** Actual final consumption, total HUF billion Q3/15 5 747,4 5 881,4
** Gross fixed capital formation HUF billion Q3/15 1 916,9 1 840,1
** Exports HUF billion Q3/15 7 914,7 7 774,1
** Imports HUF billion Q3/15 7 057,6 7 087,6
** External balance of goods and services HUF billion Q3/15 857,2 686,6
** Changes in inventories HUF billion Q3/15 167,3 -148,9
* GDP at constant prices HUF billion at 2005 prices Q3/15 6203,3 5984,0 2,4 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q3/15 2 789,7 2 834,7 2,7
** Social transfer in kind from government HUF billion Q3/15 631,8 641,4 2,1
** Social transfer in kind from NPISHs HUF billion Q3/15 86,0 86,6 1,2
** Actual final consumption of households HUF billion Q3/15 3 509,2 3 564,3 2,6
** Actual final consumption of government HUF billion Q3/15 636,3 648,0 4,4
** Actual final consumption, total HUF billion Q3/15 4 145,5 4 212,2 2,8
** Gross fixed capital formation HUF billion Q3/15 1 441,4 1 396,5 -1,5
** Exports HUF billion Q3/15 6 797,4 6 726,8 7,6
** Imports HUF billion Q3/15 5 978,4 6 037,7 6,8
** External balance of goods and services HUF billion Q3/15 n.a. n.a.
** Changes in inventories HUF billion Q3/15 n.a. n.a.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2010 monthly average = 100,0 Dec/15 121,9 122,9 6,9 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 Oct/15- Dec/15 4 259,3 4 272,7 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Oct/15- Dec/15 280,7 283,8 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Oct/15- Dec/15 6,2 6,2
* Wages/earnings average monthly gross earnings in HUF Nov/15 264 468 248 753 5,3 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final Dec/15 100,9 101,2 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Dec/15 98,7 99,1 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 Dec/2015 2 088 750 1 749 186 -7,8
* Total expenditures HUF million Dec/2015 2 336 590 1 903 667 -1,8
* Central government surplus/deficit HUF million Dec/2015 -247 840 -154 481 121,4
* Total financing HUF million Dec/2015 247 840 154 481 121,4
** Foreign debt financing HUF million Dec/2015 -248 705 -47 279
** Domestic debt financing HUF million Dec/2015 -439 346 246 248 140,5
*** Bonds HUF million Dec/2015 -283 340 274 058 -433,7
*** Treasury bills HUF million Dec/2015 -152 255 -27 832 -28,0
*** Loans HUF million Dec/2015 -3 751 22 -93,3
** Other financing HUF million Dec/2015 935 891 -44 488 129,0
Central government debt http://akk.hu
For daily data please click on:
*** Total domestic currency debt HUF billion Q4/15 16 207,94 15 967,89
- short-term HUF billion Q4/15 3 114,28 3 265,28
- long-term HUF billion Q4/15 13 093,66 12 702,60
**** Loans HUF billion Q4/15 694,11 661,16
**** Government securities HUF billion Q4/15 15 513,83 15 306,72
*** Total foreign currency debt HUF billion Q4/15 7 735,80 8 336,17
- short-term HUF billion Q4/15 0,00 0,00
- long-term HUF billion Q4/15 7 735,80 8 336,17
**** Loans HUF billion Q4/15 1 696,81 1 803,32
**** Government securities HUF billion Q4/15 6 038,99 6 532,85
** Total outstanding debt HUF billion Q4/15 23 943,74 24 304,06
**Mark-to-market deposits placed at AKK HUF billion Q4/15 755,98 750,56
*Grand total central government debt HUF billion Q4/15 24 699,72 25 054,61
** Guaranteed debt HUF billion Q4/15 - 2 778,03 Not available yet for 31/12/2015

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 Dec/15 13 219,6 12 589,4
** M2 HUF billion Dec/15 18 638,9 18 150,4
** M3 HUF billion Dec/15 19 944,3 19 399,9
** Loans to residents HUF billion Dec/15 13 323,0 13 755,4
** Loans to general government HUF billion Dec/15 411,6 484,7
** Loans to other residents HUF billion Dec/15 12 911,4 13 270,7
** Net external assets HUF billion Dec/15 7 777,1 7 918,8
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion Dec/15 4 781,4 4 844,9
* Loans to general government1 HUF billion Dec/15 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion Dec/15 1 402,9 1 366,0
* Net external assets HUF billion Dec/15 9 293,7 10 119,5
Interest rates
* Base rate of the NBH % per annum Jul/15 1,35 1,50 For daily data please click on:
Magyar Nemzeti Bank
* Overnight interbank lending rate % per annum Dec/15 1,09 1,12 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Dec/15 1,30 1,31
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 Dec/15 3,38 3,55
* Short-term deposit rates % per annum Dec/15 0,89 0,92
Household Magyar Nemzeti Bank
* Lending rates % per annum Dec/15 8,23 8,20 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 Dec/15 0,25 0,26
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Dec/15 23 920,65 23 768,60 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 Q3/15 1 599,4 1 103,4
** Exports of goods and services EUR million, final Q3/15 25 362,1 25 396,0
** Imports of goods and services EUR million, final Q3/15 22 616,0 23 159,5
** Primary income, net EUR million, final Q3/15 -1 043,0 -1 076,4
** Secondary income, net EUR million, final Q3/15 -103,8 -56,7
* Capital account, net EUR million, final Q3/15 1 037,9 1 252,5
* Financial account, net assets EUR million, final Q3/15 2 578,4 2 406,4
**Direct investment, net assets EUR million, final Q3/15 -591,9 1 330,2
**Portfolio investment, net assets EUR million, final Q3/15 1 426,6 1 728,2
** Financial derivatives (other than reserves), net assets EUR million, final Q3/15 -287,9 -349,3
**Other investment, net assets EUR million, final Q3/15 4 555,7 1 332,7
* Reserve assets EUR million, final Q3/15 -2 524,1 -1 635,3
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million Jan/16 34 097 33 124 Notes: At market price including accrued interest. Preliminary data.
**Foreign currency reserves (currency and deposits, and securities) USD million Jan/16 32 302 32 721
** Monetary gold USD million Jan/16 110 105
**SDRs USD million Jan/16 17 17
**Reserve position in the IMF USD million Jan/16 102 102
**Other reserve assets (other claims) USD million Jan/16 1 566 179
International reserves and foreign currency liquidity EUR million Dec/15 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/first_release
www.ksh.hu/stadat
* Total exports USD million, f.o.b. Nov/15 8 712,1 9 129,4 -8,2
* Total imports USD million, c.i.f. Nov/15 8 001,3 8 448,9 -7,0
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q3/15 262 665,5 266 780,6
** Direct investment EUR million, final Q3/15 197 384,4 199 095,0
** Portfolio investment EUR million, final Q3/15 7 923,7 8 453,1
- equity and investment fund shares EUR million, final Q3/15 5 827,7 6 536,6
- debt securities EUR million, final Q3/15 2 096,0 1 916,6
** Financial derivatives EUR million, final Q3/15 4 310,8 4 693,5
** Other investment (assests) EUR million, final Q3/15 20 920,1 19 777,9
- short-term EUR million, final Q3/15 16 664,1 15 658,2
- long-term EUR million, final Q3/15 3 785,4 3 647,6
** Reserve assets EUR million, final Q3/15 32 126,6 34 761,0
* Liabilities EUR million, final Q3/15 332 069,9 337 189,0
** Direct investment EUR million, final Q3/15 237 028,4 236 826,1
** Portfolio investment EUR million, final Q3/15 48 899,9 50 443,0
- equity and investment fund shares EUR million, final Q3/15 8 065,1 8 655,5
- debt securities EUR million, final Q3/15 40 834,8 41 787,6
** Financial derivatives EUR million, final Q3/15 2 308,3 2 687,1
** Other investment (liabilities) EUR million, final Q3/15 43 833,4 47 232,7
- short-term EUR million, final Q3/15 14 559,1 17 287,4
- long-term EUR million, final Q3/15 29 247,6 29 918,9
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q3/15 65 642,9 68 198,6
** In direct investment enterprises EUR million, final Q3/15 46 547,6 46 861,7
** In direct investor (reverse investment) EUR million, final Q3/15 3 470,0 3 876,7
*** Between fellow enterprises EUR million, final Q3/15 15 625,4 17 460,2
* Other debt EUR million, final Q3/15 84 641,5 88 993,8
** Central bank (S.121) EUR million, final Q3/15 1 815,9 1 976,9
*** Short-term EUR million, final Q3/15 533,8 687,5
- Deposits EUR million, final Q3/15 533,8 687,5
- Debt securities EUR million, final Q3/15 0,0 0,0
- Loans EUR million, final Q3/15 0,0 0,0
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 0,0 0,0
*** Long-term EUR million, final Q3/15 1 282,0 1 289,3
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 42,0 41,1
- Loans EUR million, final Q3/15 0,0 0,0
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 0,0 0,0
- SDRs EUR million, final Q3/15 1 240,0 1 248,2
** Other MFIs (S.12T) EUR million, final Q3/15 17 368,5 19 602,5
*** Short-term EUR million, final Q3/15 7 074,7 9 513,3
- Deposits EUR million, final Q3/15 6 636,3 8 746,2
- Debt securities EUR million, final Q3/15 0,0 0,0
- Loans EUR million, final Q3/15 393,9 743,4
- Trade credits and advances EUR million, final Q3/15 2,2 1,0
- Other accounts payable EUR million, final Q3/15 42,2 22,7
*** Long-term EUR million, final Q3/15 10 293,8 10 089,2
- Deposits EUR million, final Q3/15 2 722,3 2 412,0
- Debt securities EUR million, final Q3/15 3 095,7 3 131,3
- Loans EUR million, final Q3/15 4 475,9 4 545,7
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 0,0 0,2
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q3/15 17 368,5 19 602,5
**** Short-term EUR million, final Q3/15 7 074,7 9 513,3
- Deposits EUR million, final Q3/15 6 636,3 8 746,2
- Debt securities EUR million, final Q3/15 0,0 0,0
- Loans EUR million, final Q3/15 393,9 743,4
- Trade credits and advances EUR million, final Q3/15 2,2 1,0
- Other accounts payable EUR million, final Q3/15 42,2 22,7
**** Long-term EUR million, final Q3/15 10 293,8 10 089,2
- Deposits EUR million, final Q3/15 2 722,3 2 412,0
- Debt securities EUR million, final Q3/15 3 095,7 3 131,3
- Loans EUR million, final Q3/15 4 475,9 4 545,7
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 0,0 0,2
*** Money market funds (S.123) EUR million, final Q3/15 0,0 0,0
**** Short-term EUR million, final Q3/15 0,0 0,0
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 0,0 0,0
- Loans EUR million, final Q3/15 0,0 0,0
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 0,0 0,0
**** Long-term EUR million, final Q3/15 0,0 0,0
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 0,0 0,0
- Loans EUR million, final Q3/15 0,0 0,0
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 0,0 0,0
** General government (S.13) EUR million, final Q3/15 47 048,8 48 374,8
*** Short-term EUR million, final Q3/15 2 638,7 2 547,1
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 215,8 281,2
- Loans EUR million, final Q3/15 2 395,3 2 250,8
- Trade credits and advances EUR million, final Q3/15 0,0 0,1
- Other accounts payable EUR million, final Q3/15 27,7 14,9
*** Long-term EUR million, final Q3/15 44 410,0 45 827,7
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 35 972,8 36 778,0
- Loans EUR million, final Q3/15 8 047,8 8 662,4
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 389,5 387,3
- SDRs EUR million, final Q3/15 0,0 0,0
** Other sectors (S.1P) EUR million, final Q3/15 18 408,3 19 039,7
*** Short-term EUR million, final Q3/15 4 527,8 4 820,8
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 0,2 0,1
- Loans EUR million, final Q3/15 720,8 740,5
- Trade credits and advances EUR million, final Q3/15 3 537,2 3 865,4
- Other accounts payable EUR million, final Q3/15 269,6 214,7
*** Long-term EUR million, final Q3/15 13 880,5 14 218,8
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 1 508,3 1 555,8
- Loans EUR million, final Q3/15 12 310,5 12 583,2
- Trade credits and advances EUR million, final Q3/15 10,0 10,0
- Other accounts payable EUR million, final Q3/15 51,6 69,8
*** Financial corporations other than MFIs (S.12M) EUR million, final Q3/15 2 900,0 3 024,0
**** Short-term EUR million, final Q3/15 437,0 446,5
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 0,0 0,0
- Loans EUR million, final Q3/15 400,9 433,6
- Trade credits and advances EUR million, final Q3/15 2,7 9,5
- Other accounts payable EUR million, final Q3/15 33,4 3,5
**** Long-term EUR million, final Q3/15 2 463,0 2 577,4
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 18,8 19,9
- Loans EUR million, final Q3/15 2 407,9 2 517,7
- Trade credits and advances EUR million, final Q3/15 0,0 0,0
- Other accounts payable EUR million, final Q3/15 36,3 39,8
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q3/15 15 508,3 16 015,7
**** Short-term EUR million, final Q3/15 4 090,8 4 374,3
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 0,2 0,1
- Loans EUR million, final Q3/15 319,8 307,0
- Trade credits and advances EUR million, final Q3/15 3 534,6 3 856,0
- Other accounts payable EUR million, final Q3/15 236,2 211,2
**** Long-term EUR million, final Q3/15 11 417,5 11 641,4
- Deposits EUR million, final Q3/15 0,0 0,0
- Debt securities EUR million, final Q3/15 1 489,5 1 535,9
- Loans EUR million, final Q3/15 9 902,6 10 065,6
- Trade credits and advances EUR million, final Q3/15 10,0 10,0
- Other accounts payable EUR million, final Q3/15 15,4 30,0
*Gross external debt EUR million, final Q3/15 150 284,4 157 192,4
** Short term EUR million, final Q3/15 14 775,1 17 568,7
** Long term EUR million, final Q3/15 69 866,4 71 425,1
** Direct investment (intercompany) debt liabilities EUR million, final Q3/15 65 642,9 68 198,6
** Denominated in foreign currencies EUR million, final Q3/15 115 837,2 121 618,7
** Denominated in Forints EUR million, final Q3/15 34 447,2 35 573,7
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) Dec/15 314,14 312,27
* US Dollar HUF per 1 USD (monthly average) Dec/15 288,99 290,86

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/2014 9 849 9 879 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 Q3/15 -1 894,0 5 109,9 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.